We all know people who are perfectly organised and seem to be on top of everything. Maybe it’s a great husband and wife team whose house is immaculate and never seem to lose their keys.
The reality is that very few of us are like that. (Our ducks are more likely to be ‘quackers’ than in a row!) But the good news that most of us have already figured out is that our lives don’t need to be perfectly organised. We all have our own way of doing things that works for us most of the time.
However, as we head towards retirement, there are a few key things that are worth having organised. But what are these key things? And where do we start?
First, all your important documents should be clearly marked and easy to find. These include things like your Birth Certificate, Will and Power of Attorney. Have any policies clearly marked, including life, contents and home insurance policies.
It’s really common in couples for one person to pay the bills. This may work well on a day-to-day basis, but its smart to have a central record of the bills you pay, who your service providers are and where information can be found. This will save a lot of stress in the event that one partner has to step in to this role unexpectedly.
Finally, you should also have a list of all your key assets and liabilities. This will be one of the first things your executor will need in the event of your death. And don’t forget to show your loved ones how you’ve organised your affairs so that they will know exactly where to look if they need to.
If we hone in on a few key things and get those organised, we don’t need to worry too much about the rest. Unless of course you never want to be left wondering where your keys are! Feel free to use our complementary Information File template to get you started.