Friday, September 16, 2005
401k for Life... and cheaper insurance rates?
How long have we been socialized to pile money into a 401k (or another investment vehicle) for retirement? But how many investment advisors have encouraged you to invest into your HEALTH so that you would even be around to enjoy it?! I daresay very few have - if any.
Now, please don't misunderstand me - saving for the future is vital and the responsible thing to do - whether it is for you or for the broader spectrum of your family so that they can have a financial safety net to depend on. Even if only $20 to $100 per month. Doesn't it also make sense to redirect some "fast food" or "impulse purchase" money into a healthy investment for yourself? Healthy food(s), nutritional products / supplements, health club membership, etc? Yes, this is partially a shameless self promotion as I do work with an amazing line of nutritional products (20% off for training clients who pay for bulk hours in advance). BUT, if you find something that you like and something you can stick with for the long term, then it doesn't matter where you get it, JUST GET IT! (This is probably the same thing you will hear from a reputable insurance agent - "it doesn't matter where you buy it, just buy it!") I'll still train you even if you don't get your products through me - my concern is that you're getting proper nutrition to support the training we do as I want it to be worth BOTH of our time to train. There are many companies out there that offer great nutrition. Just make sure the science and longevity is behind them so that dollars spent are not dollars wasted.
What are the tangential effects (aka 'divendends' since the topic of this post is investing...) of better health and taking care of yourself? Who would rather have more money in their pocket? For vacations, new cars, charities, college funds, family needs, EMERGENCIES, at al.? Upon my recent physical and purchase of a disability insurance policy, my classification from the Guardian insurance company came back as "Preferred Plus" thus qualifying me for the LOWEST INSURANCE RATES in my age category. Where do YOU fall in the actuarial tables? Do you realize that it is best - almost mandatory - to establish better insurance rates while you are younger as it is harder to get good rates (and sometimes impossible to purchase certain types of insurance) the older you get?
Any other suggestions on the benefits of investing in your health? Send them to me and I will add them to my post(s).
The time is now to start saving for your future health.
Lifestyle change takes time and work. Lets start today and be ahead of the game.
Now, please don't misunderstand me - saving for the future is vital and the responsible thing to do - whether it is for you or for the broader spectrum of your family so that they can have a financial safety net to depend on. Even if only $20 to $100 per month. Doesn't it also make sense to redirect some "fast food" or "impulse purchase" money into a healthy investment for yourself? Healthy food(s), nutritional products / supplements, health club membership, etc? Yes, this is partially a shameless self promotion as I do work with an amazing line of nutritional products (20% off for training clients who pay for bulk hours in advance). BUT, if you find something that you like and something you can stick with for the long term, then it doesn't matter where you get it, JUST GET IT! (This is probably the same thing you will hear from a reputable insurance agent - "it doesn't matter where you buy it, just buy it!") I'll still train you even if you don't get your products through me - my concern is that you're getting proper nutrition to support the training we do as I want it to be worth BOTH of our time to train. There are many companies out there that offer great nutrition. Just make sure the science and longevity is behind them so that dollars spent are not dollars wasted.
What are the tangential effects (aka 'divendends' since the topic of this post is investing...) of better health and taking care of yourself? Who would rather have more money in their pocket? For vacations, new cars, charities, college funds, family needs, EMERGENCIES, at al.? Upon my recent physical and purchase of a disability insurance policy, my classification from the Guardian insurance company came back as "Preferred Plus" thus qualifying me for the LOWEST INSURANCE RATES in my age category. Where do YOU fall in the actuarial tables? Do you realize that it is best - almost mandatory - to establish better insurance rates while you are younger as it is harder to get good rates (and sometimes impossible to purchase certain types of insurance) the older you get?
Any other suggestions on the benefits of investing in your health? Send them to me and I will add them to my post(s).
The time is now to start saving for your future health.
Lifestyle change takes time and work. Lets start today and be ahead of the game.
