Healthcare costs can be the biggest variable in financial planning. The average annual healthcare expense per individual rises from roughly $2,000 for 19-year-olds to about $11,000 for retirees (age 65+).1 But these are just the averages— actual expenses can be much higher with prescriptions, physical therapy, doctor visits, extra tests etc.
Taking care of your health not only saves you money, but you will actually feel and look better. A win, win!
In January, I decided this is the year I would be more proactive with my health. I wanted to keep things manageable so I made the following list of goals:
1. Schedule doctors’ appointments:
- Annual physical exam
- Colonoscopy: not a crowd pleaser but important
2. Watch food intake and track with an app like My Fitness Pal.
3. Walk 10,000 steps a day.
4. Do cardio twice a week.
5. Sleep 8 hours a night.
6. Drink a gallon of water daily. (Hence my omnipresent water bottle!)
7. Reduce stress by slowing down and having some time to myself.
I have been on-track with my list since January. I feel healthier, have more energy and am sleeping better too. I hope you will create your own list and join me. Feel free to use any of my goals, and please share your progress with me!
Shari Greco Reiches
Shari co-founded Rappaport Reiches Capital Management with one goal - to maximize the return on life for her clients. Please connect with Shari below. She loves to talk about investing, financial planning, and Barry Manilow.
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