#050: My Disaster Plan
Play • 22 min
Richard, once again, is taking the opportunity to respond to client concerns rather than interviewing a guest on the podcast today. In this episode, he looks at Disaster Plans, the important role they play, and what documents are included in them. Drawing upon his own recent and tragic experience of losing his wife, Mary, he also provides compelling examples which clearly demonstrate the necessity for everyone to be prepared for any eventuality, and to generate these plans which will help ensure financial stability for themselves and their families. Finally, Richard emphasizes the importance of reviewing current account values, and offers an exercise for listeners to engage in that will help calculate their financial readiness for retirement.
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