Money for life: Leaving a legacy

      No Comments on Money for life: Leaving a legacy

It’s that stage in my life where I am an empty nester. My two girls are now financially independent and not living in the family home anymore. It is that stage in my life when I am preparing for my golden years…not retirement because  I will never retire. Life is so much fun being a blogger. These days, one can still continue work and yet enjoy life at the same time using online opportunities.  My goals are income, wealth and protection.

Image via moneyforlife.com.ph . Some rights reserved.

Image via moneyforlife.com.ph . Some rights reserved.

Who doesn’t want money for life? I know I do. It does not mean I want to covet luxurious items. When I say wealth, I want money for life to take care of my basic needs: food, shelter , (still paying for my house loan), utilities, health needs and clothing .

Image via moneyforlife.com.ph . Some rights reserved.

Image via moneyforlife.com.ph . Some rights reserved.

My retirement plan revolves around sudden illness. Health is wealth but I need to prepare for accidents, complications, if ever, on my diabetes.  The best care is preventive health care. I do that now by walking daily (at least 10,000) steps and removing beef, pork, and chicken from my diet.

 

Image via moneyforlife.com.ph . Some rights reserved.

Image via moneyforlife.com.ph . Some rights reserved.

I cannot imagine my children supporting me in my old age especially if they have families already which is one reason that I stopped giving them financial support once they started work so I could rebuild my savings. My kids often say that they will help us in our old age but I don’t want them to think that is our plan. If they want to give us gifts, well and good. It is not an imposition but more out of love.

Image via moneyforlife.com.ph . Some rights reserved.

Image via moneyforlife.com.ph . Some rights reserved.

What do I want my legacy to be?

Leaving a legacy means different things to different people. But what is leaving a financial legacy?  Each of us today, has a financial future.  My next goal is now leaving a legacy but not necessarily for my children…Yes, I do want to preserve my estate but most importantly, I want to have enough money to tide us over during our golden years of over 50 and above.

The  Money for life eplanner at moneyforlife.com.ph is a good start , which guides me on achieving this legacy.

Image via moneyforlife.com.ph . Some rights reserved.

Image via moneyforlife.com.ph . Some rights reserved.

My desired goal is staying protected from sickness and accidents.

Image via moneyforlife.com.ph . Some rights reserved.

Image via moneyforlife.com.ph . Some rights reserved.

The next step is identifying my needs and the amount of my goal.

Image via moneyforlife.com.ph . Some rights reserved.

Image via moneyforlife.com.ph . Some rights reserved.

I have options to explore that I can now talk to my Sunlife advisor, Kendrick Chua. He has been my advisor since 2011.

Image via moneyforlife.com.ph . Some rights reserved.

Image via moneyforlife.com.ph . Some rights reserved.

I will update you soon on how I have been achieving my “money for life” goals.

You can get a headstart by joining the Bus to the Future

To help inspire the public to create their own Money for Life plan with a financial advisor, Sun Life created a 360-degree visual reality (VR) video, transporting them to different scenarios based on their chosen life stage. This will enable the viewer to live the dream for a minute and be encouraged to start planning for their future through Money for Life and Sun Life’s life insurance and investment products. 

Bus to the Future_web

Viewable with a VR headset, the video can be experienced in a customized bus called “Bus to the Future,” which will be making its way to different malls and campuses nationwide. Among the stops are:

MALL DATE
Bonifacio Global City High Street June 11
Eastwood June 19
SM City Cebu June 25
Solenad, Nuvali July 2

 

UNIVERSITY DATE
MAPUA Institute of Technology June 2
Ateneo Graduate School of Business June 12
De La Salle University June 16
University of the Philippines Diliman June 16
San Sebastian College June 20
University of San Carlos Cebu June 24
Lyceum of the Philippines University Manila June 29
University of the Philippines Los Banos June 30

In all these stops, Sun Life financial advisors will also be on hand to accommodate inquiries.

 

 

Noemi Lardizabal-Dado (1353 Posts)

You may contact Noemi (noemidado @ gmail.com) for speaking and consultancy services in the following areas: Parenting in the Digital Age (includes pro-active parenting on cyber-bullying and bullying) ; Social Business ; Reinventing One’s Life; and social media engagement. Our parenting workshop is called "Prep to Prime (P2P): Parenting in the Digital Age (An Un­Workshop)" P2P Un­Workshops are conducted by two golden women in their prime, Noemi and Jane, who have a century’s worth of experience between them. They are both accomplished professionals who chose to become homemakers. This 180­degree turn also put them on a different life course which includes blogging, social media engagement and citizen advocacy. They call their un­workshops Prep to Prime or P2P, for short, to emphasize the breadth of their parenting experience. They tackle different aspects and issues of parenting ­­ from managing pregnancies, prepping for the school years of children, dealing with househelp, managing the household budget, to maximizing one’s prime life and staying healthy through the senior years.


About Noemi Lardizabal-Dado

You may contact Noemi (noemidado @ gmail.com) for speaking and consultancy services in the following areas: Parenting in the Digital Age (includes pro-active parenting on cyber-bullying and bullying) ; Social Business ; Reinventing One’s Life; and social media engagement. Our parenting workshop is called "Prep to Prime (P2P): Parenting in the Digital Age (An Un­Workshop)" P2P Un­Workshops are conducted by two golden women in their prime, Noemi and Jane, who have a century’s worth of experience between them. They are both accomplished professionals who chose to become homemakers. This 180­degree turn also put them on a different life course which includes blogging, social media engagement and citizen advocacy. They call their un­workshops Prep to Prime or P2P, for short, to emphasize the breadth of their parenting experience. They tackle different aspects and issues of parenting ­­ from managing pregnancies, prepping for the school years of children, dealing with househelp, managing the household budget, to maximizing one’s prime life and staying healthy through the senior years.