Avoid the Iceburgs

Some time ago, I went on holiday to Ireland with my family, we had some difficulty driving around the country lanes looking for our guest house. The road map was of little help as apparently the locals took delight in removing signposts, especially at crossroads. Outcome? We were lost.

The sat-nav indicated that we were miles away from our destination.

Soon we come to an old chap sitting by the side of the road. Did he know how to get to the guest house ? Yes, turns out he’s doubly certain, to be sure to be sure.

He points north and says to keep on this main road for two miles and a half before coming to a hump back bridge you take a left.

We drove for about a mile, then some sixth sense prompted us to stop, we walked to the top of a nearby hill and could see quite clearly that we had been misdirected. The road ahead was flooded quite badly, our guest house was a short distance away, we got to it by taking a right turn, saving our feet from getting wet and about 20-40 minutes searching for the guest house.

We were pleased we made the decision to double check our pathway to our guest house and had an enjoyable holiday.

In life, your pathway is not so easy to plot. You often don’t get the chance to look ahead and that means that unless you are psychic, you and your family may end up in dire financial straits.

When you get to your choice of retirement, part or full, if you’ve under-provided and miscalculated, there’s no turning back the clock. Congratulations. You’re guaranteed to live too long with too little.

Naturally no one wants to die prematurely or get a critical illness, taking out low cost term insurance would at least minimise the financial impact on your family.

You should also ensure that you take advice to ensure that any will that is drafted for you and your family will both protect the family and secure your assets.

It’s worth remembering that even the Titanic had lifeboats, not enough, as it turned out. How many lifeboats do you have ?


Ray Best is a resilient Financial Planner with a unique approach to investment planning, his work ethic has propelled him from humble beginnings to be voted as a top UK Financial Planner by Vouched For (as published in the Sunday Times). These days he works with families with large investment portfolios or big inheritance tax liabilities, the first step, is to book a Discovery Meeting HERE.

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