Why It Matters:
- Nearly 70% of American adults are either overweight or obese.
- Obesity puts people at a higher risk for many diseases.
Medical bills can take a toll on your client’s financial portfolio.
Wealth and health go hand in hand. Taking steps to manage both effectively is a lifestyle choice with compounding benefits.
Chances are, your clients are already aware of the importance of investing for a strong financial future. But what about the vital role good health plays in their ability to fully enjoy the future they’re planning?
How can you help your clients’ health keep pace with their wealth?
Start with the numbers. The American Heart Association (AHA) reminds us, “Nearly 70% of American adults are either overweight or obese. Being obese puts you at a higher risk for health problems such as heart disease, stroke, high blood pressure, diabetes and more.”
Living with these diseases can lead to considerable medical expenses. According to the Lancet, in the United States alone, annual medical costs from treating obesity-related disorders is projected to be $28 billion per year by the year 2020 and $66 billion by the year 2030.
Help your clients work toward adding more years to their life and more life to their years. Remind them of the following:
- Count calories and dollars. According to WebMD, paying attention to the components of weight management (BMI, waist size, exercise, and a healthy diet) is one of the best things you can do for your health.
- Small lifestyle choices and doing a little bit consistently can yield big results in wealth and health. The AHA reports, people who exercise regularly pay $2,500 less in annual healthcare costs.
- Share Transamerica’s article, where clients can revisit their knowledge around weight management, grasp excellent exercise habits, obtain healthy diet suggestions, receive refreshers around the importance of waist size and BMI, and ultimately gain a deeper understanding of the connection between wealth and health.
You’ve perfected your clients’ financial strategy through the years. Now give them the tools they need to optimize their portfolio even more and thoroughly enjoy what they’ve worked so hard to achieve.
Things to Consider:
- Encourage clients to know their numbers, from cholesterol to their retirement account balance.
- Remember, research suggests a daily 30-minute walk can save up to $2,500 annually in healthcare costs.
Remind clients that continuing to commit to healthy habits can decrease the chance of disease.