Three Important Things I Have Finally Learned

It has taken a long time but I have learned three important Rules for Life Decisions….

  1. Don’t take a decision without doing some fact finding.
  2. If a decision is important, sleep on it before taking any action.
  3. If there may be major consequences to a decision, obtain advice from someone who has seen hundreds of people in similar situations.

These rules have worked very well for Bonney and me. There are certain events in life that may be stressful, seriously change our lives and sometimes require critical decisions that have major consequences. They include:

Life event Life change units
Death of a spouse 100
Divorce 73
Marital separation 65
Death of a close family member 63
Personal injury or illness 53
Retirement 45
Change in health of family member 44
Change in financial state 38
Death of a close friend 37
Major mortgage 32
Foreclosure of mortgage or loan 30
Spouse starts or stops work 26
Change in living conditions 25
Revision of personal habits 24
Change in residence 20
Change in social activities 18

Sometimes we are faced by more than one event simultaneously and each one can add to stress and major life changes. Bonney and I have experienced a number of these events.

For several years I have been receiving e-mail Newsletters from Tim Takacs called Elder Law FAX. Tim has decided that he will discontinue his monthly e-mail newsletter and use a Blog Website similar to my Cloister Living Blog you are now reading. His notice invited a visit to his website and blog located at  and

After visiting his website Bonney and I have decided to meet with Tim Takacs to determine if his firm can make some useful suggestions on getting the maximun benefit from various resources that may be available to us. He uses the diagram below to explain how they might help with our planning and possible actions.

We shall see…….


One thought on “Three Important Things I Have Finally Learned

  1. I have used Tim Takacs for years. For my parents retirement and health care and for my own. He is a very knowledgable man and so easy to talk with. All the people is his office are top notch too and they respond to their clients in a timely manner. Great choice Pete and Bonney!! nancy

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