Transcription
The 10 Years Between 65 and 75 Require 5 Preparations!
If you are sixty-five this year, or sixty-eight, seventy, seventy-two... In short, you have entered the stage between sixty-five and seventy-five. I want you to listen carefully to the first sentence I am about to say. These ten years are the last decade of your life where you can still "turn the corner." After seventy-five, it's not that you can't live, or can't be happy. It's that your choices will become fewer and fewer. You want to move house, but you can't move; you want to invest, but you have no capital; you want to explain things clearly to your children, but they no longer listen to you; you want to change your will, but your mind is starting to get confused. People will question your mental state. At that time, it's not you driving the steering wheel; the car is driving you.
I have seen too many people who were still energetic at sixty-five, able to walk and move around, with millions in savings, a house, and filial children. They thought that after retirement, life was about enjoying themselves, drinking tea, traveling, and looking after grandchildren. As a result, ten years later, at seventy-five, they have become "caged beasts." Their houses can't be sold, their money has been scammed away, their children have fallen out over inheritance, and their own bodies have started to fail. The most tragic part is that they don't even have anyone to discuss things with. One wrong step in these ten years, and your later years will be a complete loss. I'm not trying to scare you; it's just that I've seen too much. Today, I'm going to talk about five preparations, not "chicken soup," not "staying cheerful" nonsense. I'm talking about five very practical, very cruel, but things you must face. After listening, you might feel uncomfortable, you might think I'm speaking harshly, but I'd rather you feel uncomfortable today than cry with no tears left in ten years.
The First Preparation: You Need to Recalculate
How many more years do you have, and will your money be enough until that day? What is the biggest psychological trap for many people after retirement? It's "I have savings." I ask you, how much savings do you have? Three million? Five million? Eight million? It sounds like a lot, but let me do some calculations for you. You might feel a tightness in your chest immediately after hearing this. Hong Kong people's average lifespan is among the highest in the world, with women living to nearly eighty-eight and men to over eighty-three. This is an "average." This means that if you are sixty-five this year and are not seriously ill, you are very likely to live to over eighty-five. Some people even live to ninety or ninety-five. So, the days after your retirement are not ten years, but twenty, twenty-five, or even thirty years. Three million divided by thirty years is only ten thousand a year, or eight thousand a month. Do you think eight thousand dollars is enough to live on in Hong Kong? And don't forget two things. The first is inflation. Today, a bowl of wonton noodles costs forty-five dollars. How much do you think it will cost in ten years? How much did a bowl of wonton noodles cost when you were young? You know in your heart. Inflation is a silent rat, gnawing at your savings day and night. You won't feel the pain immediately, but in ten years, you'll find the hole is already very large.
The second, and even more fatal, is medical expenses. Let me tell you a real situation. From sixty-five to seventy-five, medical expenses might be only a few thousand dollars a year, seeing a doctor, getting medicine. But after seventy-five, the situation is completely different. Stroke, cognitive impairment, fractures, cancer... these are not "bad luck," these are statistics. The longer you live, the higher the chance of encountering them. Once you need to hire a foreign domestic helper to take care of you, it's at least six to seven thousand dollars a month, plus room and board. If you need to live in a nursing home, a decent private facility can cost fifteen to thirty thousand dollars a month. If you need to hire a private caregiver long-term, it starts at thirty thousand dollars a month. This means that the money you've worked hard to save your whole life might be burned through in the last three years. I saw a case of a Mr. Chen, seventy-three years old. He had been in business his whole life and saved nearly six million dollars, plus a self-occupied property. That year, at seventy-three, he had a stroke and became half-paralyzed. His wife, seventy years old, couldn't take care of him, so they had to hire someone. Hiring someone wasn't enough, and eventually, he had to be sent to a private hospital, costing twenty-eight thousand dollars a month, or three hundred and thirty-six thousand a year. He lived there for five years. By the time he passed away, only a few hundred thousand dollars were left from the six million. The property couldn't be sold because they were supporting their children. His wife finally told me something I still remember today: "If we had known this would happen, we wouldn't have been so frugal." This statement is very cruel. They were frugal their whole lives, and in the end, it wasn't for themselves, nor for their children, but for the nursing home and the hospital.
So, what is the first preparation? It's for you to sit down today, right now, with a piece of paper and write down clearly: How much cash do you have? How many stocks? How much insurance? How many properties? How much passive income do you have each month (rent, annuities, MPF withdrawals, government subsidies)? How much are your fixed monthly expenses? Then, ask yourself the most difficult question: If I live to ninety, will my money be enough? If the answer is "no," don't pretend you don't know. You need to act immediately. What to do? First, review your asset structure. Many elderly people in Hong Kong have their entire fortune tied up in one property. The property is worth ten million, but you can't take out a single cent to use. You eat instant noodles every day, living in a ten-million-dollar property. This is called "asset-rich, cash-poor." This is the most common and fatal trap for middle-aged and elderly people in Hong Kong. You need to seriously consider several options: reverse mortgage (mortgaging your property to the bank, and they pay you monthly, allowing you to live there until you pass away), or "downsizing," selling your large house and buying a smaller one to free up a few million dollars. These are not "squandering," these are called "asset activation." I know you'll say, "My son said not to sell, to leave it for him." Let me tell you something harsh now: your later years should not be determined by your son's expectations. If you end up with no money for medical treatment or care in your final years, and no one knows if you fall at home, all to leave a property for your son, do you think this is "for his good"? Or are you actually using your own later years to buy peace of mind that "I am a good parent"? Answer this question honestly for yourself.
Second, you need to seriously review your insurance. Many people only realize at sixty-five that their medical insurance is no longer valid after seventy, or the coverage is so low it's useless. If you are not yet seventy, you can still do something. After seventy-five, no one will sell you insurance even if you want it. This is a time window, and it will close. Third, if you have a large sum of cash, you need to think carefully. Don't just put it all in fixed deposits earning three percent interest, or listen to others and gamble in the stock market until you lose everything. At your age, the first principle of investment is not "how much to earn," but "can you climb back up if you fall." If a thirty-five-year-old loses fifty percent, they have thirty years to earn it back. If you, at sixty-five, lose fifty percent, what will you use to earn it back? This is the first preparation: face reality and recalculate.
The Second Preparation: You Need to Arrange Your "Unconscious" Day Personally While You Are Still Clear-Headed.
This part is what I most want you to take to heart today. Many people think the most tragic thing in life is death. It's not. The most tragic thing in life is when you are not dead, but you have lost the power to decide. Let me tell you a situation. A Ms. Li, seventy-six years old, was always very energetic and lived alone. Her children were abroad. One day, she fell at home and hit her head. After being sent to the hospital and undergoing surgery, she began to show symptoms of cognitive impairment. The doctor said she had lost "mental capacity." What does that mean? It means that from that day onwards: she could no longer access her bank account herself. She wanted to withdraw money to hire a caregiver, but she couldn't, because the bank would not allow a person deemed to have no mental capacity to operate an account. Her property couldn't be sold because she couldn't sign contracts. She wanted to live in her own home, not in a nursing home, but she had no choice because she could no longer express her wishes, or even if she could, it wouldn't be legally recognized. What was the final outcome? Her children had to return to Hong Kong to apply to the court to become her "guardian" or "trustee." This process in Hong Kong can take several months, even a year. During this time, her money was frozen in the bank, unusable by anyone. Her children had to pay out of their own pockets first. Then, disagreements arose among the children. The eldest son wanted to sell the property, the daughter didn't want to sell, and the second son questioned why the eldest son should have the final say. A family that was once loving and harmonious turned against each other during this process. And from beginning to end, Ms. Li herself couldn't say a word. She was still alive, sometimes still lucid, but she had become an "object," being arranged and moved around. This is one of the most desolate forms of old age I have ever seen.
So, while you are still clear-headed, can still sign, and can still speak, you need to do three things:
First, a Lasting Power of Attorney. What is this? Simply put, it's designating a person you trust while you are still lucid – perhaps your wife, son, daughter, or even your lawyer. If, in the future, you lose your mental capacity, they can handle your assets for you. This document, in Hong Kong, must be witnessed by a lawyer and a doctor. You can't just write a piece of paper and consider it done. And the most crucial thing is that you must sign it while you are still lucid. Once you lose your mental capacity, you can't sign it, and you'll have to go through the court route, which is slow, expensive, and emotionally draining. Let me ask you seriously now: are you in your sixties or seventies, and have you signed it yet? Ninety percent of people will answer "no." Some people have even never heard of it. This doesn't cost much, perhaps a few thousand dollars in legal fees, but it can save you and your family hundreds of thousands of trouble and years of conflict.
Second, an Advance Medical Directive. Even fewer people do this, but it's equally important. Have you ever thought: if one day you are brain-dead or a terminal patient, and the doctor asks your family, "Do you want to intubate? Do you want CPR? Do you want to keep them on life support?" What will your family say? Let me tell you what will happen. They will cry, they will argue, they will feel guilty. The son will say, "We must save him, we can't give up on Dad," while the daughter will say, "Dad is suffering so much, don't torture him anymore." In the end, no matter what they choose, they will feel guilty for the rest of their lives because you never said. An Advance Medical Directive is for you to write down clearly in black and white: under what circumstances do I not want what treatment? I don't want intubation. I don't want life support to prolong my life. I want to leave with dignity. This document is not "cursing yourself to death." This document is the last and greatest gift you give to your family. You make that most difficult decision for them, so they don't have to spend their lives asking themselves, "Did I do the wrong thing back then?"
Third, a Will. I know many elderly people are resistant to talking about this, thinking it's "unlucky to talk about it before you die." Let me tell you now: not making a will is truly unlucky. How many families in Hong Kong every year have siblings fall out over a property, an account, or a sum of money, taking each other to court and not speaking for over a decade? I've seen so much that I don't want to see it anymore. And the most ironic thing is that most of the money they fight over might end up going to the lawyers. As long as you don't make a will, you are creating a time bomb that will detonate among your family after you die. And I must remind you, in Hong Kong, if you don't have a will, your estate will be distributed according to the "Intestates' Estates Ordinance." This distribution might be completely different from your intended arrangements. For example, if you have a wife and children, your estate will be divided between your wife and children, not entirely to your wife. If you have someone you want to take special care of, such as a niece who has cared for you for over a decade, or a younger son who is in financial difficulty and you want to give him more, without a will, they won't get a single extra cent. Making a will is not difficult, and it's not expensive. But it is the last time you exercise your will in your life. These three documents: Lasting Power of Attorney, Advance Medical Directive, and Will, I call them the "Three Treasures of Old Age." Without them, your old age is at the mercy of others. With them, even if you are lying in bed one day, unable to speak, your will is still there, and you are still the one in charge. This is what is called dignity.
The Third Preparation: You Need to Redefine Your Relationship with Your Children, Changing from "I Support You" to "We Are Independent Individuals."
This part might offend many people, but I have to say it. I have seen too many elderly people in Hong Kong whose later years are so painful, not because of lack of money or illness, but because they have lived their entire lives according to the script of "I do it for my children." And in the end, they find that there is no place for themselves in that script. Let me give you a few situations that you might find very familiar:
First type: Elderly parents help their son with the down payment. The son needs to buy a house to get married and can't afford the down payment. The father and mother take out all their "coffin money" and give three million for the down payment. Then the elderly parents move back into an old tenement building, climbing five flights of stairs every day. The son moves into a new building and visits for a meal once a month. The elderly parents still tell others, "My son is so filial!"
Second type: Elderly parents help their daughter look after grandchildren. The daughter needs to work and leaves her child with her mother to look after. The elderly parents, in their sixties or seventies, get up at 5:30 AM every day to cook breakfast, send the grandchild to school, pick them up from school, cook dinner, and put them to bed. They develop back pain and their knees become deformed. The daughter occasionally gives them two thousand dollars as household expenses. The elderly parents still insist, "No need, we're family!"
Third type: Elderly parents fund their son's business. The son says there's a "great opportunity" and needs 1.5 million. The elderly parents borrow it for him. The business fails. The son says, "Sorry," and that's the end of it. The elderly parents don't dare to pursue it for fear of damaging their relationship. This 1.5 million was the money they originally intended for their retirement. I'm not saying you shouldn't help your children. Blood is thicker than water, and it's normal to want to help. But I need to ask you a question: are you helping them because you are capable of helping, or because you are afraid that if you don't help, no one will want you? Many people dare not answer this question. Many elderly people in Hong Kong subconsciously believe that as long as they still have value, their children will still care about them. So they constantly give money, constantly look after grandchildren, constantly cook, constantly compromise, because they are afraid that one day, if they can't give them anything, they won't be wanted. I call this kind of relationship "fear-based kinship." And the most ironic outcome of this relationship is: the more you give, the lower your status in their eyes. Because that's human nature. What you give unconditionally, they will take for granted. If you give three million today, they thank you; if you give another two million tomorrow, they think it's deserved; if you say the day after tomorrow, "No more, I need to save for retirement," they will immediately ask you, "Why are you so selfish?" I saw an elderly person crying and telling me, "I gave them my whole life, and in the end, they called me selfish."
So what should you do? I'll give you three concrete approaches to consider:
First, you need to draw a line, and you need to say it out loud. Don't use hints, don't sigh, don't say, "You know what I mean." You need to tell your children clearly and calmly: "I currently have X amount of money. This money is for my wife and me to use for retirement. We expect to use it until we are ninety. Therefore, what I can help you with is this, and what I cannot help you with is this." Saying this out loud is difficult, I know. You might feel it's very practical, very cold, but if you don't say it, they will never know your bottom line. And when they don't know your bottom line, they will keep testing until you break. Clear boundaries are not indifference; clear boundaries are respect for both parties.
Second, if you really want to give money, please do it "clearly." If you decide to give your son one million for a house, you need to think carefully: is this one million a "gift" or a "loan"? If it's a gift, you need to accept the fact that once it's given, don't think about it again. Don't bring it up every time you eat. Don't say, "I gave you a million, you know." The moment you bring it up, they will immediately go from "gratitude" to "annoyance." If it's a loan, you need to write it down clearly. Write a piece of paper, and both parties sign it. I know you might think, "Why write a loan agreement with my own son? It sounds unpleasant." But let me ask you: what if your son gets divorced? What if his spouse says, "This property is mine"? Will your one million be gone? What if his business fails and creditors come knocking? Will your one million be considered his asset and taken away? Writing it down is not about distrusting your son; writing it down is about protecting your son and protecting yourself.
Third, you need to start building a life that doesn't rely on your children. This is the most difficult, but most important. If the focus of your life is entirely on "Will my son come home for dinner today?", "When will my daughter call me?", "When will my grandchild visit me?", then your emotions are completely in their hands. If they don't come for a day, you're unhappy. If they say something harsh, you're sad for days. This kind of life is very painful and very unhealthy. You need to have your own things, perhaps a group of old friends, perhaps a hobby class, perhaps volunteering, perhaps morning exercises, perhaps learning computers, learning to use a mobile phone. In short, you need to have something that doesn't require your children's participation, and that you can enjoy yourself. Let me say something that might be harsh: your son and daughter have their own lives. You are not the protagonist of their lives. Similarly, they should not be the protagonist of your life. Each living their own wonderful life is the best relationship.
The Fourth Preparation: You Need to Engineer Your "Physical Decline" Instead of Crying After It Happens.
Many people, when they talk about health, say "exercise more, sleep early, wake up early, eat lightly." I don't want to talk about these; they are too obvious. What I want to talk about is that in the ten years between sixty-five and seventy-five, several things will happen to your body, and these things can be prevented in advance, but once they happen, they are very difficult to reverse.
The first thing: muscle loss. This is the number one killer of elderly health, but ninety percent of people don't know it. After the age of sixty, if you don't do resistance training, you lose one to two percent of your muscle mass each year. You might say, "So what? I don't need to be a strongman." The problem is that muscle loss leads to three fatal consequences: First, you will fall easily because your leg strength is insufficient and your balance is poor. And for an elderly person, one fall can be for a lifetime. Hip fractures in the elderly have a surprisingly high mortality rate within a year. It's not that the fall itself kills them, but that after the fall, they become bedridden. Being bedridden leads to pneumonia, bedsores, and blood clots, and then a gradual decline. Many elderly people's later years begin to collapse with one fall.
Second, muscle is your "metabolic organ." With less muscle, your blood sugar control will worsen, and you will be more prone to diabetes.
Third, with less muscle, your mobility will be poorer. With poorer mobility, you won't want to go out. If you don't go out, you won't have social interaction. Without social interaction, you become depressed. Depression makes you even less inclined to move. This is a death spiral. So, I say: the most important exercise after sixty-five is not walking, but strength training. I know you might say, "I'm so old, why should I train my strength?" I'm not asking you to lift weights in a gym. You can do it at home: sit-to-stand, three sets a day, ten repetitions per set; calf raises; squats holding onto a chair; lifting water bottles. These are all resistance exercises. Fifteen minutes a day can completely rewrite the quality of your later years.
The second thing: decline in cognitive function. This is terrifying because it's silent. And the latest research tells us that one of the biggest risk factors for cognitive impairment is what? It's hearing loss. Many elderly people have poor hearing and refuse to wear hearing aids. Why? Because they feel "it makes me look disabled," because "it's expensive," because "my son said I don't need to wear it." What is the result? They can't hear people speak, so they don't want to chat. They don't want to chat, so they don't go out. Their brains don't receive stimulation, so they degenerate faster. I'm not scaring you. Wearing hearing aids and preventing cognitive impairment have a real connection. Don't sacrifice your brain for a few thousand dollars or for the sake of face. Similarly, cataracts, vision problems, dental problems – these also need to be addressed. If you can't eat, you'll be malnourished. If you're malnourished, you'll degenerate faster.
The third thing: loneliness. I need to be very clear about this. The harm of loneliness is equivalent to smoking fifteen cigarettes a day. This is not my statement; it's from research. People who are chronically lonely have significantly increased risks of cardiovascular disease, cognitive impairment, and depression. And how many elderly people in Hong Kong are "living alone" or "virtually living alone" (living with people but no one to talk to)? The numbers are astonishing. For many elderly men, after retirement, the biggest problem is that their entire social circle was "colleagues." Once they retire, that circle immediately disperses. They don't know how to make new friends because they've never learned to do so in their lives. Let me say something practical: friends need to be "managed," not "waited for." You need to actively invite people, you need to actively participate in activities, you need to be proactive, even a little "thick-skinned." I know you might feel embarrassed, but let me ask you: do you want to be embarrassed for a few minutes, or be lonely for ten years?
The Fifth Preparation: You Need to Truly Think About How You Want to "End."
This is the most difficult part to talk about, but also the most important. We Chinese people are most afraid of talking about death. When we talk about it, we say "good luck," "spit spit spit." But now I want to ask you a question: if you avoid talking about it, will it not come? Death is the only thing that will 100% happen to you. Everything else in your life has variables, but this does not. So why don't you prepare for it well? For a trip, you prepare for three months. For your son's wedding, you prepare for a year. For the most important event of your life, you have zero preparation? What I mean by "preparing to end" is not to think about death every day. Quite the opposite. Only when you truly accept the fact that "I will die" will you know how to live. I have seen many elderly people who are always afraid of death, so they dare not eat this, dare not eat that, dare not travel for fear of something happening abroad, dare not undergo surgery for fear of not waking up from the operating table, dare not spend money for fear of not having enough in the future. As a result, they lived for twenty years, but in these twenty years, they were afraid every single day. Is this called "living"? I know an eighty-two-year-old gentleman with stage four lung cancer. The doctor said he had about a year left. Guess what he did? He arranged everything: will, power of attorney, medical directive – all done at once. Then he took out a sum of money and traveled to three places with his wife. After returning, he had a meal with every important friend, saying thank you and goodbye to each of them. He also wrote several letters to his grandchildren to be read when they grew up. When he passed away, he was very peaceful. His wife told me, "He had no regrets." This person lived his last year more wonderfully than many people live their entire lives. Why? Because he was no longer afraid, because he was prepared.
So, I want to tell you that in these ten years, you need to do a few things:
First, say the words you've always wanted to say. Are there people you've always wanted to thank but couldn't bring yourself to say it? Are there people you really want to reconcile with but have stubbornly put off for decades? Have you told your son, your daughter, your wife, "I love you"? Or do you think it's not common for Chinese people to say these things? Let me tell you, many people's biggest regrets when they are on their deathbed are not "I don't have enough money," but "There's something I wanted to say but didn't." And by the time you want to say it, the person might no longer be there. These ten years are your window of opportunity. Windows close.
Second, spend the money you should be spending. Let me tell you a harsh truth: every dollar you leave behind when you die is a life you haven't enjoyed. I'm not telling you to squander your fortune. I'm telling you that after you've calculated and set aside enough for medical expenses and retirement reserves, please spend the rest on yourself. Do you want to go to Japan to see the cherry blossoms? Go! If you wait until you're eighty-five and can't walk, you won't be able to go. Do you want to eat a good meal? Eat it! If you wait until you have to eat pureed food, you won't be able to eat it. Do you want to learn to play the piano? Learn it! If you wait until your hands tremble, you won't be able to learn it. The value of money depreciates with age. A million dollars at sixty-five can buy travel, good food, and happiness. A million dollars at eighty-five can only buy medical expenses and nursing care. The value of the same amount of money is completely different. I have seen too many elderly people who saved their whole lives and left behind millions. Their children took it to buy cars, buy houses, and spend lavishly, while they themselves never even went on a nice trip in their entire lives. Do you think this is worth it?
Third, you need to think carefully about what you want to leave behind. I'm not talking about money. I'm talking about how you want to be remembered. What will your grandchildren remember about you twenty years from now? Will they remember you scolding them all the time? Or will they remember you taking them to the park and telling them stories from when you were young? Have you written down your life story? How did you come to Hong Kong? What were your parents like? What did you do when you were young? What did you endure? If you don't write these things down, they will disappear forever. I suggest you take your phone, start a recording, and tell your story. Or find a notebook and write down your life. This might be the most precious legacy you leave to your descendants, more precious than money. Because money runs out, but a person's story can be passed down for three generations.
Having said all this, I want to summarize for everyone. The ten years between sixty-five and seventy-five, I call them the "Golden Decade," and also the "Crucial Decade." Why golden? Because in these ten years, your body is still capable, your mind is still clear, you still have resources, and you still have the power to choose. These ten years are the last period of your life where you can be completely in charge. Why crucial? Because every decision you make in these ten years will determine whether your next fifteen to twenty years will be lived with dignity or with desolation. The five preparations I've discussed today, let me repeat them:
1. Recalculate. Face your real financial situation. Don't deceive yourself. You might not live for ten years; you might live for thirty years.
2. Prepare the "Three Treasures of Old Age." Lasting Power of Attorney, Advance Medical Directive, and Will. Arrange your "unconscious" day personally while you are still lucid.
3. Redefine your relationship with your children. You are not their ATM, and they are not your life raft. Each being independent is true kinship.
4. Engineer for physical decline. Build muscle, address hearing and vision problems, and actively manage social life. Don't wait until you fall or get sick to cry.
5. Accept that you will die, and then live well. Say the words that need to be said, spend the money that should be spent, and leave behind what should be left behind.
None of these five things are difficult to do. All of them are things you can start doing today, tomorrow, or next week. What is difficult? What is difficult is whether you are willing to face it. Many people can do it, but they dare not think about it. They would rather pretend not to know, rather say, "The boat will naturally straighten when it reaches the bridge," rather say, "With children around, what is there to fear?" And then they keep waiting, keep waiting, until one day, an illness, a fall, a stroke, everything collapses at once. Only then do they realize that the boat doesn't naturally straighten when it reaches the bridge; the boat crashes into the bridge. I'm not saying this to scare you. I'm saying this so that you can make choices while you still have the option. Because the most painful thing in life is not the lack of choice; the most painful thing in life is when you clearly had a choice before, but you chose not to choose.
If you've read this far and feel that one or two sentences have resonated with you, or you have a feeling like, "I really need to start preparing," I ask you to type four characters in the comment section below: "未雨绸缪" (Prepare for a rainy day). These four characters are not a slogan. These four characters are a promise, a promise to yourself. After listening today, I will not pretend nothing happened. I will start, and take the first step. I really want to know how many of you watching this video are willing to take this step seriously for your own later years. After typing, I also ask you to do one more thing: share this video with someone you care about, perhaps your husband, your wife, your elder brother, your younger sister, or your group of friends who have morning tea together. Because doing these things alone is lonely, but doing them together as a group gives strength.
Finally, I want to tell you a few heartfelt words. After speaking for so many years and seeing so many people, what is my deepest realization? It's not about money; it's about the heart. Many people think that whether their later years are good or bad depends on how much money they have. It's not. I have seen very wealthy people who died very miserably. I have also seen people who are not very wealthy but passed away peacefully. What is the difference? The difference is whether you have "prepared." People who are prepared, even when facing illness, know what to do. Even when facing death, they are not afraid because they know everything is under their control. People who are unprepared, even if they have ten million, will tremble with fear when an illness strikes, because they don't know what tomorrow will bring, they don't know if their money is enough, and they don't know how their children will treat them. Therefore, preparation is not just a document, not just a sum of money. Preparation is peace of mind. And what I want to give you today is this peace of mind.
On this channel, I won't talk about "staying young at heart" or "smiling every day" nonsense. I will only tell you the most practical, most useful, and sometimes even a little harsh things. Because I believe that at our age, we don't need people to coax us into happiness. What we need is for someone to tell us the truth. If you think the same way, if you also want to hear the truth, please subscribe to this channel and press the bell. Every week, I will discuss with you things that others dare not or do not want to talk about, about money, about health, about children, about life and death. Let's walk this path together. Because how well you walk these ten years will not only determine your later years but also the kind of legacy you leave behind for your children and grandchildren. And I believe that what you want to leave behind is a dignified back that stands tall and walks steadily, not a wheelchair being pushed around. See you in the next video.