One thing we can all control (to a reasonable extent) is our choices pertaining to personal health. On a basic level we generally choose what we eat, if and when we exercise, and how much sleep we get at night. A recent study by the Olin Business School at Washington University found that people who contributed regularly to their 401k were more likely to take steps to improve their health and also had about a 25 percent improvement in their blood test scores versus the non-contributors who did not see any positive change in their health decline.
This certainly does not mean that if you contribute to your 401k you are healthier than the person standing in line next to you at the grocery store, but what it does mean is that there is a correlation between your attitude about preparing for physical well-being and financial well-being.
You should be both proactive about your finances and contribute to your retirement future. You work hard enough for your money and for your health, so when it comes time to let your money give you a pay check, you deserve to enjoy it!
Caroline Hill, Financial Advisor
(This article contains the current opinions of the author but not necessarily those of Brighton Securities Corp. The author's opinions are subject to change without notice. This blog post is for informational purposes only. Forecasts, estimates, and certain information contained herein should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities).