Live Long and Dance

A recent study reveals that engaging in appropriate exercise after age 65 can help conditions such as back pain and arthritis. Even the Mayo Clinic claims that exercise can be effective at helping prevent and even treat a wide range of age-related health conditions.

There are two important components to exercising at an older age: (1) Pick an appropriate activity for your age, health, and condition (2) Pay attention to what your body tells you. In other words, if you start feeling pain, you should decrease your physical activity, reduce the intensity or length of time of the exercise, or even take some time off until the pain has subsided altogether. Some of the activities recommended for seniors include walking, swimming, water aerobics, yoga, Pilates, tai chi, and line, square or ballroom dancing. Dancing, in particular, can help with cognitive functions when coordinating steps are required.

[CLICK HERE to read the article, “Aging America: Exercise as the Fountain of Youth,” at The Associated Press, May 8, 2014.]

[CLICK HERE to read the article, “Scottish dancing can help keep old age at bay,” at TheScotsman.com, 2014.]

One of the positives to aging in this day and age is that pre-retiree and retiree populations are so large. As such, economic growth can be driven by the demand to serve these consumers. One industry insider commented, “I am convinced that, in the next several years, eldercare will be what child care was in the 70s and 80s.”

[CLICK HERE to read the article, “Aging is the next big investment opportunity” at MarketWatch.com, May 9, 2014.]

[CLICK HERE to read the article, “What Baby Boomers’ Retirement Means for the U.S. Economy,” at Five Thirty Eight Economics, May 7, 2014.]

[CLICK HERE to read the article, “Maybe we’re not headed for demographic Armageddon after all,” at The Washington Post, May 6, 2014.]

As this large generation presses its weight on the national retirement system, more and more emphasis may be placed on finding ways to help boomers become less dependent on government and employer benefits.

[CLICK HERE to read the article, “Concerned about Longevity: Four Mistakes to Avoid,” at Morningstar, May 8, 2014.]

[CLICK HERE to read the article, “How to manage cash flow in retirement,” at Fidelity, May 8, 2014.]

We’re happy to help you develop a clearly defined financial strategy and hope you keep dancing your way to better physical and cognitive health. Please give us a call.

[CLICK HERE to read the news release, “Fueled by Aging Baby Boomers, Nation’s Older Population to Nearly Double in the Next 20 Years, Census Bureau Reports,” at Census.gov, May 1, 2014.]

Our firm assists retirees and pre-retirees in the creation of retirement strategies that include the use of insurance products.

These articles are being provided for informational purposes only and should not be used as the basis for any financial decisions. While we believe this information to be correct, we do not guarantee the accuracy or completeness of the information included. All clients are encouraged to consult qualified tax and legal professionals before making any decisions about your personal situation.

If you are unable to access any of the news articles and sources through the links provided in this text please contact us to request a copy of the desired reference.

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