Transitions are defined as, “the process or a period of changing from one state or condition to another”. As we prepare for a seasonal transition of summer to autumn, it seemed fitting to cover the transitions of life we undergo.
Transitions In Life
From Birth through retirement and advanced age, transitions are with us every step of the way. Preparation and readiness for anything life throws our way is a tall order to get your head around.
It’s not easy to imagine scenarios when there is so much going on. The information below may help you get started. Please, take it upon yourself to add/delete to tailor to you!
Readiness for Transitions throughout Life
So many of these categories belong in multiple transitions. They are listed below to give you an idea of when/where to begin. We rarely have “once and done” issues in life. There are tremendous professionals to assist you throughout life! Let’s get started!
- Starting a job
- Financial decisions
- Credit
- Budgeting
- Loan Repayment (if applicable)
- Paycheck Deductions
- Deferred compensation
- Other retirement planning
- Personal investing
- Beneficiaries
- Insurance (Health, Home/Rental, Auto, Life, Long-term Care, etc.)
- Budgeting
- Passive income / Active Income (Trading Time for Money vs. Earning anytime)
- Deciding where to live
- Buying vs. Renting
- Down payments / Deposits (1st/last month)
- Application process
- Credit score
- Budgeting
- Percentage of total budget for living expenses
- Setting up utilities
- Insurance
- What you need vs. what you want
- Lifestyle choices (commute time, parking, amenities, etc.)
- Financial decisions
- Moves
- What to keep, give away, toss
- Moving in to permanent place or will temporary living be involved
- Access to cash is vital (banking)
- Packing for necessities to get you up and running
- Cancellation of all utilities and services where you are currently
- Addition of all utilities and services for your new place
- Forwarding your mail
- Address changes with all accounts
- Cancelling any local subscriptions
- Domestic or international move? Necessary documents, shots, papers – International breakdown of requirements by country (quarantine for pets, visa requirements, customs, etc.)
- New registrations required (car, driver’s license, library, clubs, et al)
- Deposits – returned and submitted
- Changes for insurance (auto, home, health)
- Access to files and important documents
- Sourcing new personal services (doctors, dentists, vets, child care, pet care, hair, car repair, dry cleaning, etc.)
- Relationships and Family (spouse, children, pets)
- Financial Planning
- Offensive Strategies (cash generation, cash management, cash investment)
- Defensive Strategies (cash protection)
- Banking
- Investments
- Legal Protection
- Estate Planning, wills, trusts
- Minors – Guardianship wishes
- Health care
- Providers: Doctors, Dentists, Veterinarians, Day Care, Pet Care
- Insurance Providers, HSA’s, et al
- Advanced Care Directives (decisions, choices, communication)
- Insurance
- Home
- Auto
- Life
- Long-term care
- Lifestyle changes
- Health and Wellbeing
- Financial Planning
- Job changes (promotions, layoffs, sabbaticals)
- Adjustments on and off the job
- Organization at home and the office
- Move
- Financial Preparation
- Lifestyle changes
- Health and Wellbeing
- Starting a Business
- Purpose
- Passion
- Lifestyle Impact
- Local Licensing
- Corporate Structure
- Start-up Expenses
- Opening Day Balance Sheet
- Business Plans
- Competitive Market Assessment
- Sales and Marketing Plans
- Pricing Strategies
- Operational Plans
- Distribution Plans
- IT infrastructure (Systems)
- Product Delivery
- Financial Analysis (Profit/Loss)
- Exit Plans
- Illness (self) / Illness (loved ones) – short-term
- Immediate response
- Family
- Doctors
- Insurance
- Health Care Directives
- Care Plans
- Day to day life adjustments
- Self-care
- Flexibility with work
- Schedule adjustments
- Family assistance
- Financial burden
- Healing plan
- Life adjustments
- Immediate response
- Long-term illness (self/loved ones)
- Adjustments to Life Style
- Physical needs
- Emotional needs
- Care Plans
- Day to day life adjustments
- Self-Care
- Flexibility with work
- Schedule adjustments
- Family assistance
- Financial burden
- Healing plan
- Life adjustments
- Adjustments to Life Style
- Loss of a loved one
- Immediate needs
- Short-term needs
- Long-term needs
- Retirement
- Lifestyle
- Financial situation / adjustments needed
- Tax Implications
- Adjustment to changes
- Interests/Hobbies
- Volunteering
- Community engagement
- Travel
- Downsizing
Enjoy The Transitions Ahead
For those who have kids in college, I’ve added a new page to my website that includes a link to a free checklist to download https://thelivingplanner.com/life-hacks-for-young-adults/
It’s important to me you have information to proceed with developing and implementing plans for you yours. Stuff happens – across all the areas of our lives. Protecting you takes some time and “elbow grease”. It can be done!
For additional information about me, check out my website: https://thelivingplanner.com Have questions, email me: Lynn@thelivingplanner.com
Take care of you –Lynn