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Last Updated: Feb 6, 2017 - 2:32:04 PM |
 There
are two risk factors that will impact significantly on your retirement
readiness and the quality of your retirement and it is important that
you fully consider and understand before you retire.
The first of these risk factor is the risk that you or your spouse
will outlive your retirement assets. So you need to ensure that you
have enough money for the time that you will have in retirement.
And this risk is compounded by
"Financial Market Risk." This the risk that unexpected and sustained market declines will undermine your investment portfolio's ability to produce the income required to meet your needs.
Which means that you must improve your financial literacy to ensure that you understand exactly
how your money is being invested and affected by the various changes in the markets.
The second is what I refer to as the
“The Lifestyle Effect!”
it may surprise you that your genes have only a 30 percent impact on
how long you live. The other 70% is directly related to your lifestyle
choices.
Therefore, the only way to reduce the health risk of aging is
maintaining a healthy lifestyle. and the best assurance of low health
care costs and a high life satisfaction in retirement years is to
prevent diseases and accidents in the first place.
It may surprise you to learn that 60% of the deaths in persons sixty and older in the Bahamas is
caused
by heart disease and cancer. If you these two diseases could be
diagnosed and treated early, many more Bahamians could enjoy more fully
their senior years.
And many more have their live complicated by chronic lifestyle
diseases like Arthritis, High blood pressure and Diabetes. The best
approach to avoid these illnesses is to engage in and make healthy
lifestyle while you’re still able-bodied. And while there are many
possible ways to prevent or postpone frailty. Here are five important
things you can do.
-
The cornerstone of any prevention program is eating a balanced
nutritious diet in the proper amounts. Maintaining moderate weight can
ward off disease and help you feel great!
-
Exercise regularly
for good mental and physical health. It will improves your stamina,
circulation, digestion, heart, breathing and relieves tension &
stress. The Best Approach is a variety of activities that you can do a
minimum of 20 minutes 3- 4 days a week. Start now and carry into your
later years. Walking, jogging, bicycling, swimming and dancing. Be sure
to consult your doctor before beginning.
-
Get a complete physical exam at least every 3 years. And if
“at-risk” you
should get checked more frequently. Check your blood pressure,
cholesterol, for Diabetes, Glaucoma, Osteoporosis and Cancer. And
avoid Drugs, Alcohol, Nicotine, Caffeine. Not only dangerous but also
addictive which makes it hard to stop using.
-
Get a complete oral examination. Dental health today stresses
prevention of gum diseases and using corrective procedures in early
life to prevent tooth decay and the loss of teeth. And it may surprise
you to learn that most of the virus that enter your body does so
through your mouth.
-
The Government is debating National Health Insurance to provide
universal coverage but many people fear that the costs will be too
high. I encouraged you to study this issue and then to decide which
choice to make if or when a it is discussed.
Once you understand and consider these two risks you will greatly
improve the enjoyment of your golden years! And if you need help “Strategies for Achieving A Comfortable Retirement -Yours” Coaching program is an excellent resource to consider.
Got a question about your retirement planning any question at all go ahead and just ASK GLENN
Copyright © 2009 - Glenn S. Ferguson
Glenn Ferguson is a Speaker, Coach and Syndicated Writer, helping
you to painlessly take control of your Money to Create wealth for you
and your family. Email to: glenn@
financialcoachingwithglenn.com Website: www.
financialcoachingwithglenn.com Tel: 242-327-2453 Fax: 242-327-2456
© Copyright 2009 by thebahamasweekly.com
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