I writing this post for myself as much as anything. Jane Bryant Quinn has an excellent article in the My Money page of the September 2011 issue of the AARP bulletin entitled No Excuse for Ignorance. I confess to being guilty. Too many things to try to remember. Gives me a headache!
However, she also includes ideas for those of us who are memory challenged. Put notes with all important documents that spell out what to do in case of death or divorce. Good stuff here. At least I know where all our important documents are, but I’m not sure I will know what to do with them.
She also includes a list of important papers that need to be keep and labeled in a safe place. They include:
1. bank records and the safe deposit box key
2. Social Security numbers
3. retirement plans and investments.
4. insurance policies
5. wills and trusts
6. health care proxy and power of attorney
7. loans and deeds
8. personal papers such as marriage certificate
9. recent tax returns
10. names and contact information of broker, financial planner, and insurance agent
11. log-in information and passwords to online accounts.
I know I need to get better organized. I’ve only just begun to write down log-in info and passwords. I know most of them, but some that I don’t use often are hard for me to remember.
Now, where is that safe place where I can keep all of this information?