Reflections on 85 and 95

Yesterday we celebrated my Mother-in-law’s 85th birthday! In a little over a week we will be celebrating my Grandmother’s 95th birthday! As our family celebrates these two milestones, it got me to reflecting and thinking. So in no particular order:

• Do I have enough in retirement? Even if I wait to retire at age 70, I could still need 25 years worth of savings!
• Is my investment mix correct? Even when I approach retirement, I will still need a healthy investment in stocks – 25 years is a long time horizon.
• Will the things I think are important now still be important to me when I am 85 or 95? As I watch these two wonderful ladies, what they treasure most are family and family memories. Cars, houses, “things” are of low importance.

What should I be doing now to make my life better, or my families life better in the future? A lot to think about…