The #1 money concern- for people of all ages- is saving enough to cover all the variable expenses that come during the retirement years.
Specifically health costs.
Have you included potential health care costs in your retirement numbers?
There are some things you can do now to mitigate the costs- eat well, be healthy, and stay active.
“An ounce of prevention is worth a pound of cure”, right?
You can also look into other options (ie: insurance) and medical tests that can help you determine your risk levels for various conditions.
And, if you find you are predisposed to certain conditions, you can take preventive steps to minimize the changes of having that epigenetic switch “flipped”.
Pay attention not only to the scale, but also to your biomarkers. Your blood tests can tell you a lot about what is going on behind the scenes. I personally track mine in a spreadsheet so I can look for trends.
Use your medical information to determine if you might want to consider supplemental insurances or saving an additional amount to cover potential costs.
After all, you do not want one of the side effects of a health diagnosis to be financial stress.
Have you included potential increased health care costs in your retirement goal numbers?