euro
Thinks s/he gets paid by the post
- Joined
- Oct 4, 2015
- Messages
- 2,350
I FIRED a little less than a year ago at 56. Loving it. No regrets at all - life is great!
Here is a question: how did/do you folks get your finances/insurance/etc organized so that when the unthinkable happens, those left behind know what to do next?
I know, many of you have it all sorted, some have spouses or SOs who are fully plugged into everything, etc, etc. so this is not a big issue. I'm very jealous, BUT: for me, it is. My DW, perfect as she may be in every other way , has never been much interested in anything related to investing, paying bills, etc. and while I have not given up completely, I'm not holding my breath that this will ever change. So I need a plan.
For a number of reasons, our assets ARE in fact fairly complicated (not rocket science, but a significant number of accounts spread across many types of investments, and to make it worse, across a couple of countries).
So, my goal has been, and still is to significantly streamline and simplify everything but that is still a work in progress.
In the meantime, I'm trying to figure out whether there are any useful tools out there to help me get everything organized into a single document/folder/notebook so that at least an overview is all in one place. Does anyone have any suggestions as to how to approach this? I'd appreciate any input!
Here is what I'm currently looking at:
1. Kiplinger's Family Organizer - a CD - based software tool
2. Get it Together (by Melanie Cullen, NOLO pub) - a workbook that includes
downloadable forms
3. Learn Excel and craft my own giant spreadsheet
Anyone familiar with any of those options? What are the +/- you found?
Just a reality check: total assets are mid 7 figures, so, that's great, but it's not some insanely large portfolio - just a bit more complicated than it should be
Here is a question: how did/do you folks get your finances/insurance/etc organized so that when the unthinkable happens, those left behind know what to do next?
I know, many of you have it all sorted, some have spouses or SOs who are fully plugged into everything, etc, etc. so this is not a big issue. I'm very jealous, BUT: for me, it is. My DW, perfect as she may be in every other way , has never been much interested in anything related to investing, paying bills, etc. and while I have not given up completely, I'm not holding my breath that this will ever change. So I need a plan.
For a number of reasons, our assets ARE in fact fairly complicated (not rocket science, but a significant number of accounts spread across many types of investments, and to make it worse, across a couple of countries).
So, my goal has been, and still is to significantly streamline and simplify everything but that is still a work in progress.
In the meantime, I'm trying to figure out whether there are any useful tools out there to help me get everything organized into a single document/folder/notebook so that at least an overview is all in one place. Does anyone have any suggestions as to how to approach this? I'd appreciate any input!
Here is what I'm currently looking at:
1. Kiplinger's Family Organizer - a CD - based software tool
2. Get it Together (by Melanie Cullen, NOLO pub) - a workbook that includes
downloadable forms
3. Learn Excel and craft my own giant spreadsheet
Anyone familiar with any of those options? What are the +/- you found?
Just a reality check: total assets are mid 7 figures, so, that's great, but it's not some insanely large portfolio - just a bit more complicated than it should be
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