Planning Our Financial Future #WomenInspired

This is part of a sponsored collaboration with Prudential and DiMe Media. However, all opinions expressed are my own.

I have a kid with autism, 2 parents over 65 and a 30-year old  sister with special needs. Needless to say, I am always thinking about our financial future.

There is so much to think about when it comes to planning our financial future.

I don’t know if Norrin will ever be able to work and support himself financially. So right now, I need to plan as if he will always need financial assistance.

Which means making sure my husband and I have good life insurance policies. Creating a will and a special needs trust for Norrin. Naming a guardian and financial proxy.

Planning our financial future is not an easy thing to think about.

It forces me to think about the quality of life I want my son to have, after my husband and I are no longer here. For years I’ve put it off. As scary as it is, it’s something I need to plan for. The future waits for no one.

Having a kid with autism - I'm always thinking about our financial future. What I do today matters. Click To Tweet

Being invited to The Great Girlfriends DiMe Media #WomenInspired Takeover at Prudential was not just a great learning experience, it was the motivation I needed.

“We have las ganas (will/desire) but lack la lana (money)…We have to ask for help.” Lili Gil Valletta, CEO of XL ALLIANCE Agency

From the moment I first held Norrin in my arms, I had the desire to protect him. Two years after he was born, he was diagnosed with autism. I want Norrin to have everything he needs for a successful future. Even though I’ve battled the Department of Education to secure an appropriate education, it’s not enough.

Part of protecting my son is planning his financial future.

I have the desire to plan for his future and I can’t let “lack of money” hold me back.

My Financial Future Planning Concerns & Goals:

Stuck between a rock and a hard place as part of the “Sandwich Generation.”

Having a living parent age 65 or older and raising a child under age 18 or supporting a grown child makes me part of the “sandwich generation.” Besides providing care and financial support to my parents and children, they look to me for emotional support, too. At some point, I will be running a multi-generational household. I need to learn to deal with the finances and the pressure. Prudential has some great tips attending to the needs of parents and of children.    

Estate planning is the means of providing a legacy for loved ones.

An essential step for our financial future is to develop an estate plan that will provide for everyone important to me. Preferably, you want to have enough money to last my entire lifetime and provide for my family after we’re gone. Click here for some of Prudential estate-planning essentials. 

Visit Prudential to discover all their services and how they can help you meet your families financial future.