Question….What is a crisis?
Answer……..An unstable or crucial time or state of affairs in which a decisive change is impending; especially one with a distinct possibility of a highly undesirable outcome .
Who is often in crisis?
- People retired or who are retiring… If you think a satisfying retirement begins with your last work day or the work party they give you, think again. Retirement begins once you…1) have a plan as to why you will get out of bed in the morning and…2) when you are positive you have taken every measure possible to guarantee your income adequacy and duration for your lifetime. Until then, this is a crisis!
- Families who have lost loved ones…. The hurt, the decisions, the pressures, the time constraints, the money matters, the bills, the family’s well-being, the lost sleep, the depression, the future viewed as an empty screen. This is a crisis!
- Caregivers….. Those caring for aging relatives, friends or family are in a constant state of crisis. How to do it, who to get help from, how to pay for it, what to sell, how to manage your own life without losing your sanity. This is a crisis!
- Financial Settlements….Wrongful loss of a loved one, wrongful loss of your employment, wrongful loss of the use of a part of your body or the body of a loved one in the family, unrelenting physical and emotional pain and other like kind circumstances are cause for extreme stress at the very time critical and potentially lifelong financial decisions must be made. This is a crisis!
- Unexpected Job Loss…When your livelihood is suddenly and unexpectedly terminated, through no fault of your own, the tidal waves of emotion can take over our lives and influence us to feel like we’ve somehow failed. Corporate downsizing and mergers, the economic crisis, an unexpected family crisis, the “outsourcing” of our jobs and other events, have left many out in the cold and fearful literally overnight. The decisions on how to survive, prioritize, use savings wisely, etc. all descend upon us like a horde of locusts. Objective help will assist in mapping out strategies and tactics. But make no mistake….This is a crisis!