They say a fool at forty is a fool forever, so definitely there must be some things that should be in place once you are approaching that magic age. Everyone wants to live a long and healthy life, but it does not just come easily without some work, discipline and sacrifice. The important thing is to have a valid plan for your life so that you do not have to stress or work too hard since you are getting older and your body system would start becoming weaker. So, if you are looking to make your days longer and leave stress out of your life by the time you are forty, here are the top things to look out for:
- Your retirement plan: By forty, one of the main things you must have in place is your retirement plan and schedule. At this age, you must have known how and when you plan on retiring and how to survive and live comfortably after. Retirement only sounds scary when you have not prepared for it and it suddenly starts rearing its head. By forty, you should be planning a flawless retirement process.
- Your savings: It is true that some people do not have anything tucked away for a rainy day, if you are one of these people and you are approaching the age forty, then you know it is time to change this habit. Life is unpredictable, which is why we have to be reasonably prepared for unforeseen circumstances that may decide to come up at any time. By the time you clock forty, you should have a good amount of funds safely locked away for future use.
Start buying properties that can increase in value.
- Assets: These appreciate over time and can actually double or triple in worth depending on the size and type of asset secured. For example, buying a piece of land is a more profitable investment than buying a car which is likely to become redundant in some few years. Bottom line, once you start getting close to forty, start buying properties that can increase in value so that they will come in handy when you eventually need them.
- Your will: Most people take the writing of will as a sign that the end is near or death is approaching. This is a very erroneous belief as a will can be written by any individual that has a family to cater for. Since death is unpredictable, a will should be written and reviewed from time to time to ensure that your family’s interest are well protected should anything happen.
