Why regular retirement saving can improve your health

first_imgMore workers who make saving a habit report better health than those who do not. And it’s not just about having a high income.by: Dan KadlecPeople who save money out of habit are more confident about retirement and better prepared financially, as you might expect. But there’s a sleeper benefit, new research shows. Consistent savers also are in better health—no small matter as longevity stretches out life spans and means you likely will live in retirement more years than you did in childhood.Three in four regular savers rate their health as excellent or good, compared to 62% of those who do not save regularly, according to the Aegon Retirement Readiness Survey 2015. This might have to do with the lower stress that comes from being financially secure. Meanwhile, 77% of those in excellent health expect to live comfortably in retirement, vs. just 49% of those in poor health, Aegon found.Given the active aspirations of today’s retirees, the longevity revolution has elevated the role that health plays in later life. Half of those in the Aegon survey would like to pursue new hobbies; two-thirds would like to travel more, and 1-in-6 would like stay at work in their retirement years. continue reading » 22SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

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