A story about ageing wisely…

Ageing wisely is all about making the right decisions at the right time. It sounds simple. But the practicalities make it very difficult.

Let’s say you’re 45 years old. Tomorrow you will be 46. It will be a very different year ahead but, ultimately, you are only going to be one day older. You begin to think about all the things that you need to do whilst you are 46.

You’ve never done many of them before. You have new travel plans, new family plans, new plans for saving for your retirement. You have, of course, travelled before and shared time with your family before and put money away for your retirement before. But you have never done them whilst you are 46. Each instance will be new, in at least some small way.

Your friend is also having a birthday tomorrow. They will be 47. They are an entire year ahead of you. They’ve done some of the same things that you want to do whilst you are 46. They can give you some idea of what being 46 is like. They can send you a message ‘from the future’, give you some input into how the year went for them. Point you in the right direction so that you can have a good year. Allow you to age wiser.

It still doesn’t put you in the full, complete picture. But then you could argue that life would be pretty boring if it did. You wouldn’t be able to enjoy being age 46 if you knew everything that was coming. Instead, it’s a wise move to know a little bit about what’s coming, take some expert advice from your 47 year-old friend and then enjoy the experience.

You’ll be able to age more wisely, to do things that are right for you, but you’ll also be able to enjoy the journey as you go.

By now, you’ll probably be able to see the parallels with what we do as financial planners. We’re not here to tell you how to live your 47th year (or any other year for that matter). But we can give you some pointers to help. We can make things slightly easier for you, point you in the right direction, ensure you’re prepared for your 47th year and your 48th, 49th and many beyond. We can help you to age more wisely, whilst you enjoy the journey and learn even more along the way.

This story is told in a different way in the video below. We particularly like the advice of the 93 year-old at the end!