By Geoffrey Mann – December 5, 2023
The relationship between health and wealth is undeniable. Poor health can hinder your ability to earn a living, making it difficult to accumulate sufficient wealth for retirement, to say nothing of the direct costs of an accident or illness. Conversely, financial stress can negatively impact your health.
As you approach retirement, it’s crucial to prioritize your health and well-being in conjunction with your financial planning. Neglecting this connection could leave you vulnerable and unprepared for unexpected health challenges.Â
Financial well-being means having the resources to meet your needs now and in the future. It’s about managing your spending and savings, eliminating debts, and establishing a realistic budget, taking into account the potential impact of your health.
To secure financial well-being in retirement, consider these steps:
Tenzing can help you design a balanced portfolio of insurance and investment solutions to pave the path to a comfy retirement.
These articles are intended to give you enough information to make informed decisions, but investment solutions are complicated. Whether you still have questions on this topic or feel ready to take the first steps toward getting a policy, our advisors can help.
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