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Faithe Mitchell

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Be Fit! Take the ‘Physically and Financially Fit’ Challenge this Summer

Aging Answers July 2015 Uncategorized

Summer in Ohio is the time to finally be able to enjoy the outdoors, which make becoming more physically fit doable. Summer also is a good time to take the “Financially Fit Challenge.” Here are some ways to help your aging loved one do both.

WARD OFF HEALTH ISSUES

The days are longer, which means more time to plan activities to increase your physical fitness. Being physically fit helps you ward off health problems, have more energy, and feel better inside and out. You can become physically fit by adding more steps each day while enjoying the outdoors.

Take the challenge every summer by turning off the television or electronic device for at least an hour to enjoy more of summer’s fresh air in an outdoor physical activity. It only takes 21 days to create a new healthy habit, and you will have the satisfaction of meeting your fitness goal.

BE MONEY WISE

At the same time, you can become more financially fit by setting aside time to “Close the holes in your financial security bucket.” Did you realize that most people do not check their beneficiary forms that they may have completed a long time ago for their insurance, investment or retirement (IRA, 401k or 403b) accounts?

Just like getting a physical each year, your financial and risk protection house needs an annual check-up to cover up any holes. Adjust your plan to meet yearly changes. Eight out of 10 people do not have their important legal documents completed to ensure that their wishes will be completed their way during life or after they pass.

Have you thought about what would happen to your nest egg if you become too ill to take care of yourself or make your own decisions?

Without a plan, you may not have “your wishes, your way.” With a solid plan, your care will be followed the way you want it to happen.

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