Paul the octopus has retired. There’s always the question of when you should retire, providing health doesn’t stop you from making that choice. It’s how you’ve planned for your time in retirement that really dictates when you can retire.
Paul has been extremely lucky or in some people’s eyes, skillful, recently. He managed to guess the winning team in every game Germany played during the 2010 Football World Cup in South Africa, including the two they lost. He also correctly guessed the final’s winners, Spain. He carried out a similar task during the 2006 finals in Germany and was almost always correct, but he did get one wrong result/prediction, when Germany lost the final.
Now he gets to retire from predicting football results but he will carry on with some work, giving children fun and entertainment where he lives in Germany, having originally been born in Weymouth, England.
Planning ahead is always difficult when you try to balance spending and savings now and for the future.
Take Sir Alex Ferguson for example. Most would say he’s a brilliant football manager, perhaps the greatest ever, but even the great get to make some minor errors in their planning.
Did he realize that Gerard Pique would turn into one of the world’s best defenders when he let him go back to Barcelona? Although Deigo Forlan took 27 games before he scored for Manchester United, he went on to become the best player of this year’s world cup tournament having proven himself as a top goalscorer for Villareal, Athletico Madrid and his country, Uruguay. Should Sir Alex have given Deigo one more season?
Did he think that Carlos Tevez would would go on to score 29 goals for his closest competitor (Manchester City), particularly when United’s goals dried up (and they lost the EPL by one point) and then star in the finals of 2010 in South Africa?
You have to consider all the facts and make your best judgment. Planning to get your wills written and your power of attorney in place doesn’t need to be something you put off. Doing it now ensures that at least that part of your planning is up to date and you are able to update your legal documents when the need arrives.
Then when you keep those documents in safe storage you’ll know there’s professional help available every step of the way.
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