Five steps to help improve financial - and physical - health
(BPT) - Plans to improve health and finances are among the most common resolutions Americans make each year. Both are worthy goals, but did you know that improving your financial health may boost your physical health as well?
“Money problems are a well-known cause of stress, and the negative impact that stress has on one’s physical health is well-documented,” notes Lule Demmissie, managing director of investment products and retirement at TD Ameritrade. “It makes sense that relieving stress through better financial planning, among other remedies, can help contribute to better physical health.”
In fact, TD Ameritrade’s Retirement Survey indicates that taking care of at least one important financial task – retirement planning – may help alleviate stress, both today and in the future. Women who started saving for retirement before their 30th birthday and contributed regularly to retirement savings reported feeling less anxious, frustrated or regretful, and more positive and satisfied about retirement compared to those women who waited to begin saving for retirement or who didn’t regularly contribute to their retirement savings.
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