A few years ago, we initiated a three-part series to help navigate various stages of your financial life. We previously published two of those: 'Advice; for my-25-year old self’ and ‘Advice; for my-45-year old self’.
Part three of this series is in the attached ‘Advice; for my-65-year old self’. In this edition, we address issues such as social security, Medicare, long-term care, IRA, 401(k) issues, gifting, estate taxes, and other issues that are relevant during this stage of life. We also propose that it is time to reap the benefits of all your hard work, untold sacrifices, and enjoy the successes of a life well-lived. While it may not apply to our younger cohorts, we hope the article provides some discussion points with your parents or grandparents.