Healthcare Costs and Exercise Connection

Did you know that by simply incorporating regular exercise into your routine, you could potentially save a significant amount on healthcare costs during retirement? A study on exercise and Medicare claims found that individuals who start exercising before middle age could save anywhere from $824 to $1,874 annually on healthcare after retirement. With the average lifespan increasing, imagine the long-term financial benefits of this personal and empowering lifestyle change!

It's a well-known fact that physical activity can significantly lower the risk of serious chronic conditions. However, despite this knowledge, only half of Americans exercise. As a result, chronic diseases currently account for a staggering $0.75 of every $1 spent on healthcare. But here's the good news: the potential for cost reduction is immense. By embracing a more active lifestyle, along with adopting other healthy habits, you can significantly reduce or even reverse this financial burden, giving you hope and optimism for a healthier and more financially secure future.

Another study reveals that physically active older people spend less on healthcare than inactive older people as they require fewer doctor's visits and medication. Those who reported engaging in activities such as brisk walking, swimming, or cycling for at least 30 minutes a day, five days a week, saved about 16% on healthcare costs compared to those who are sedentary. Additionally, young adults who focus on daily exercise can save an average of $1,874 on healthcare after age 65.

In conclusion, the data is clear and compelling: being active when young can significantly impact healthcare costs later. No matter when you start, committing to regular exercise can truly make a difference in cost savings! So, let's not just think about the immediate benefits, but also the long-term ones. Let's stay motivated and committed to our health and financial well-being!

References

MAKE YOUR IMMUNE SYSTEM STRONG WITH EXERCISE. https://www.marymitchellhealthcoach.com/post/make-your-immune-system-strong-with-exercise

LIFELONG EXERCISE ADDS UP TO BIG HEALTHCARE SAVINGS. https://www.nytimes.com/2021/06/16/well/move/exercise-health-care-cost-savings.html

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Alan B Faerber
CERTIFIED FINANCIAL PLANNERâ„¢ 
Chartered Retirement Planning CounselorSM

Alan@Bountifulplanner.com
Cell: 385-319-2878

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Alan B Faerber
CERTIFIED FINANCIAL PLANNERâ„¢ 
Chartered Retirement Planning CounselorSM

Alan@Bountifulplanner.com
Cell: 385-319-2878

Schedule a Time