Planning Plan B

Life is random. For many, life is an enjoyable journey: most of the lows are not too low and most of the highs are compensation for the beige bits in between. Yet we know that the unforeseeable is always out there – and, by definition, it strikes with unexpected suddenness.

This begs the question: if our normal expectations (‘Plan A’) fail for any reason, do we have a ‘Plan B’? As a sizeable majority of us simply exist without the benefit of any set plan, it’s highly unlikely that we have so...