article by jean chatzky & dr. michael F. roizen
the gist of it... The good news: Life expectancy has jumped. The average 65 yr. old will live to age 84. and half of those 65 yr. olds will surpass even that. The bad news: Most people haven't saved nearly enough to maintain their current standard of living in retirement. and without enough money, staying healthy is also a challenge. it's not just... co-pays, premiums and scripts. living longer means spending more to care for the chronic diseases that account for 84% of all health care spending, and not just in the last year of life. Bottom line: wealth without health is not going to last; your physical problems will wreak havoc on your bank account. with a little time, effort & energy, you can use this information to live longer, without running out of money or breaking a hip. recommendations: assess: health - know your blood pressure, fitness (can you do the appropriate number of sit-ups and push-ups for your age, etc.) and your waist measurement (it should consistently measure less than half your height in inches.) finances - what you earn and own should be heading up consistently... what you owe should be heading down. slash stress: the biggest cause of aging more rapidly. and the biggest source of stress is money. build strong teams: having the proper team around you ... doctor, pharmacist, financial adviser (maybe), accountability buddies for health & finance is key to helping you achieve optimum levels of health & wealth. ** you can make up for lost time in your money & health choices. ** so start today. Once you begin, it becomes easier. http://www.costcoconnection.com/connection/201706?pg=52#pg52
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February 2020
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