Can you take a lap? Several studies noted in the article show that a modest fitness level is related to independence for people over 65. Healthier seniors are less likely to need assisted living or higher levels of care, or at least they will postpone needing these services.
Americans have overcome the disastrous devaluation our net worth that occurred in 2008. According to the Federal Reserve the total net worth of all American households is 20% higher than it was at the beginning of 2008, totaling 81 and a half trillion dollars.
Investors have to decide how they will invest their money and who will help them do it. Most investors choose the do-it-yourself (DIY) route. Others choose to hire a professional financial advisor to develop a well-thought-out financial plan and invest in alignment with that plan.
In our last piece, “Mind vs. Money” we explored how our deep-seated “fight or flight” instincts generate an array of behavioral biases that trick us into making significant money-management mistakes. Find out how you can avoid sabotaging your own best-laid, investment plans by recognizing the signs of behavioral booby traps.