I'm in my early 50s and looking to retire in 10 years - how do I ensure my family is prepared for when I'm gone?
Briefly

from 24/7 Wall St.1 week ago
In their early 50s, individuals often contemplate retirement, and this becomes especially pressing during health challenges. A Redditor on r/fatFIRE seeks guidance on ensuring his family's financial security following his potential passing, given his serious health issues. Despite his modest lifestyle and comfort with finances, he worries his family may not be prepared. Although he has established a living will and trust, he aims to consult with an estate attorney for comprehensive planning to address his concerns about his family's future.
"I am thankful that I have made a reasonable amount of money to live a comfortable life, allowing the family to enjoy themselves."
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/27/im-in-my-early-50s-and-looking-to-retire-in-10-years-how-do-i-ensure-my-family-is-prepared-for-if-im-gone/
"My primary focus is that I am concerned my family would be unprepared for a sudden scenario in which something was to happen to me."
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/27/im-in-my-early-50s-and-looking-to-retire-in-10-years-how-do-i-ensure-my-family-is-prepared-for-if-im-gone/
Read at 24/7 Wall St.
#retirement-planning #family-security #health-issues #financial-planning #estate-planning
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