Are You Slowly Killing Yourself?

Here’s one of the nonfinancial benefits of sound money practices.

If you’ve noticed more aches and pains since crossing the 50 threshold, you’re not alone. They come with aging.

But did you also know that the cracking, popping and aching isn’t from aging alone? Many of our daily maladies are the result of stress… and money woes are the No. 1 cause of stress.

Recent studies from the University of Virginia and Columbia University reported that pain levels increase with financial problems. Case in point, over-the-counter painkiller sales increase by as much as 20% with the financial instability associated with unemployment.

Back, neck and shoulder pain associated with stress is enough of a problem, but extended periods of stress associated with money problems can lead to serious medical issues too.

The occasional tension-related stiffness and soreness can—over an extended period of time—lead to heart attacks, hypertension, and immune system issues.

And considering the state of many boomers’ retirement funding, this is something that needs to be addressed.

There isn’t a pot of gold that will solve all our retirement money woes. That said, just writing down and organizing your money can solve some of the problems. According to both above-mentioned studies, seeing your situation in black and white can actually help reduce stress levels.

Another stress reliever is one I talk about here all the time: exercise. Stagnant stress energy leads to pain. So move!

And sleep too. The studies report that sleep has to be a priority. I know it sounds a little nuts, but a lack of sleep causes overspending and other unhealthy habits.

Many of us are facing tough money choices in retirement, but they don’t have to be fatal. No matter how much money you have, make time for sleep and exercise.

The University of Virginia and Columbia University say these simple fixes can’t add zeros to our bank accounts… but they will make us feel a whole lot better.

Good investing,

Steve McDonald
For Cashflow For Retirement