Most of you are probably familiar with the Tim McGraw hit, “Live Like You Were Dying.” The song is about a conversation that Tim has with a man who was told he only had a few months left to live. When asked what he did after the reality set in that he was about to die, the man told Tim he had decided to make the most of his final days by going skydiving, mountain climbing, and even riding “a bull named Fu Man Chu.”
You can take that song for what it is—a catchy country melody. Or, you can choose to take those words to heart and ask yourself, “If I had just a few months left on this earth, would I continue to live life in the exact same manner? Or would I live it differently? If your answer is, “I’d be living it differently,” then my next question is this: WHAT ARE YOU WAITING FOR?
If you knew that you had just a few weeks or months left, would you spend that time with your lawyers, or would you enjoy your final hours doing the things you love with the people you love? Well, what if those feelings—those emotions—are what drove your wealth and estate planning? Not many people think this way, but it’s the hidden secret to getting excited about planning. Yes, I did say excited about planning.
It’s not just about what you can do or have to do, but it’s about what you want to do. And you accomplish this when you connect the desires of your heart to your planning opportunities. If you start there, you can apply all the available strategies to accomplish what you want to do with the wealth you’re blessed to have.
Don’t wait to make your most valuable investments that matter most to you. When you take action from what your heart desires, it enables you to act with more confidence and assurance right now, and your heirs and the charities you care about will all benefit from it.
Wealth is more than money. Don’t just plan for your future, live it right now. Pass it on and share the insights like this that you find valuable.
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