Health & Wellness Magazine HealthQuest Fall 2020 | Página 8

YOUR KIDS' INHERITANCE
4 VOGUISH REASONS TO
SPEND EVERY CENT OF YOUR
KIDS' INHERITANCE NOW
BY SCOTT AND BETHANY PALMER / THE MONEY COUPLE
CONGRATULATIONS ... you are
making it happen! You are enduring a
career full of long hours and difficult
bosses; you are raising your kids (while
being the ever responsible providers);
facing ill-timed financial emergencies;
are making innumerable sacrifices to
create cushions of wealth, and now you
wonder should we put it away for our kids
inheritance or spend it as we will?
Uhmm ... we're going to go with "NO!"
on this topic. As money experts, we do
not believe that handing down an in
inheritance to your children is best for
them. And we definitely don't believe that
handing your life savings over to your kids
is best for YOU.
Before you answer on autopilot, "but
what about the children?!" think about
yourself for a minute ... (and think about
your marriage, if you're in one). After
your retirement is financially secured,
we believe you should skip the nestegg-building,
fly the coop, and ENJOY
the money you've earned! Here are five
reasons why:
1. LIFE IS WAY TOO SHORT TO
DELAY HAVING FUN.
You've heard the sayings: Life is short ...
You never see a luggage rack on a hearse
... or this generation's favorite: #YOLO (You
Only Live Once).
Life is so brief, and you've already spent
so much of it working hard. You deserve a
chance to enjoy that vacation you wistfully
imagine, go play that golf course you've
always dreamed about, or splurge and buy
a whole new wardrobe ... in Paris!
That's what The Boss would tell you to do.
Maybe not the boss from that job you've
slogged through your whole career, but
rather "The Boss" ...Bruce Springsteen, in
his hit song "Glory Days" reminds us: "Time
slips away and leaves you with nothing
mister, but boring stories of glory days."
Don't spend your last act in life retelling
old stories from your youth.
Stop being boring.
Have fun now. Make
new memories today!
It's time to finally let
your life be a little
bit about you.
So, invest in your marriage, or, if you're
single ... invest in yourself. Do the fun
stuff you couldn't afford when the kids
were younger or when you were working,
working, working. Go run with the bulls,
lay on the beach, walk The Great Wall,
donate to charity, dig wells in Africa, or
see if toilets really do flush in the opposite
direction "Down Under." Carpe diem, as
they say.
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