Have a bucket list? Want to jump out of a plane? See the Pyramids?
http://gty.im/185550597
An article on investopedia.com has a list of things to do before you die, but they all have to do with estate planning.
The story lists 16 things. We will list 5.
- Make an inventory of your possessions. Anything worth over $100.
- Add up your monetary assets. Bank accounts, retirement plans, insurance policies and so forth.
- Make list of credit card and other debts. You can start by getting a free credit report.
- Review the beneficiaries on your IRA and 401(k) accounts. Things change.
- Send a copy of your assets list to your estate administrator. Also, make a copy for your spouse and keep one for yourself.
Once you do all these things, and others listed in the story, you will be on your way to knowing your overall financial and estate picture. That will make drawing up your estate plan that much easier.
