Health insurance and life insurance are essential aspects of life. A common misconception around the elderly population is that once a person grows older, they no longer have any responsibilities. That is simply not true. Although an elderly person might not have as many responsibilities as they did when they were in their 40s and 50s, they still have plenty of major responsibilities, they are just different responsibilities.
Living a healthy lifestyle, for instance, becomes the most important aspect of life as you grow older. Obviously, living a healthy lifestyle is important for people of all ages, but younger people can bounce back a little bit more easily compared to their elderly counterparts. Wholly 84% of the population of people 65 years and older die from heart disease.
In addition to focusing on living the most healthy lifestyle possible, another important responsibility you have to consider is what health insurance policies you're dealing with.
"Medicare is a great program but understanding options and choices is definitely not simple," said Jesse Slome, director of the American Association for Medicare Supplement Insurance (AAMSI). "Comparing options, plans, and some of the free perks insurers now include to benefit seniors can help reduce costs, secure care choices, and even offer no-cost bonuses.
Medicare supplemental insurance is becoming a popular option for seniors who are considering health and life insurance policies. In 2013, 39.7 million Americans were enrolled in Medicare. By 2015, that number reached over 55.7 million and experts predict that there could be 81 million enrollees by 2030.
According to Yahoo Finance, every single day in the U.S., 10,000 people turn 65, which is why it's so important for the elderly to start planning their insurance coverage policies as early as possible.
"Choosing the right Medicare insurance coverage at the beginning can be the most important financial and healthcare decision made before or during retirement," added Slome.
Just because you've reached your old age, doesn't mean you don't have a future to look forward to and plan. It's time to start taking your health insurance seriously and begin planning for the most important aspects of your future. If you want to learn more about Medicare supplemental insurance, contact Bankers Fidelity today.
The old cliché, “Age is just a number,” runs true in the business world. The numbers on your birthdate should never be an indication of the level of success you can achieve. Many successful business men and woman started later than you would expect. For example, it wasn’t until Ray Kroc was 52 when he began business with Richard James “Dick” McDonald and Maurice James “Mac” McDonald. Together they created the fast-food powerhouse that is McDonald’s. Ando Momofuku, the creator of ramen noodles, was 48 until he began selling precooked instant noodles and Harlad Sander, founder of Kentucky Fried Chicken (KFC) did not open his first franchise until he was 65. Their success stories are a true testament to the power of determination and inspires all whom want to create their own business.
Careful on Borrowing Money
You are at the point in your age where your retirement must be on the forefront of your mind. You have to be protective of your assets and consider whether you can live off them once you no longer want to work. If you want to invest more in your business, you must consider the high risk it could take: Do you want to sacrifice a chunk of your savings account or do you want to increase your retirement funds? It’s a decision that can go uphill or downhill fast, but make sure that you always do it in your best interest. Don’t let what you want, hinder what you will need in the future.
Keep Your Body in Mind
You’ve worked very hard to accrue a great savings account, garner a lot of experience and go on great business ventures, so let your body rest. Between traveling, fast-paced environments, and the emotional stress business can take on your body, you’re reaching a point in your life where you need to focus on what’s to come (retirement) rather than what’s passed. If you want to keep going in your business, make sure you start listening to your body and recognizing trigger points that may highlight when it is safe to continue a business venture.
For example, if you find yourself extra tired sometimes, it may help to organize your day in advance to supplement extra sleep. If you feel that you need to engage in light exercise to waken your mind and continue the days’ work, then make extra time in your day.
Capitalize on Your Experience
If there’s one thing you have over those young, 25-year old entrepreneurs, investors, and businessmen, its experience. You know what works in your industry and what doesn’t, so make sure you utilize your knowledge to the best of your capability. You have the wisdom all the young people want, so show them that you still have the upper hand and mentally outwit them. If you’re running a successful business, then don’t fix what isn’t broken. Continue and focus on making your retirement bigger so you can live as if you were still working.
If you're looking to better your business with the many benefits of life insurance coverage, contact Bankers Fidelity today!
As you grow older, it is important to take the proper amount of vitamins and minerals. It’s natural for your body to use vitamins differently as you age. Eventually, you’ll need to learn to supplement the vitamins and minerals your body is using differently to continue normal bodily functions. However, just because your body changes, your lifestyle doesn’t have to. Here are some vitamins and minerals you should consider to keep your body strong.
Vitamin D is essential for absorbing calcium and other nutrients, but crucial in bone growth and strength. As you get older, your body doesn’t absorb vitamins and nutrients as well as it did in younger years. The main intake of Vitamin D is through at least 30-minutes of sunlight every day. However, as you get older, this may be sometimes harder to do. To help supplement your body from the natural light it’s not receiving, you can take Vitamin D pills. This will help you and your organs stay strong as you age.
In conjunction with Vitamin D, you may also want to increase your calcium intake. Calcium is usually found in your bones and as you age, your bones become frail. To avoid bone deficiencies that lead to permanent damage like osteoporosis, it is important you keep your calcium level high. Engaging in light activities such as golf, brisk walking or small weight training will help keep your bones strong.
You can avoid it by taking calcium in consuming dairy products like milk. However, you can also take calcium supplements to further the strength in your bones. If you have trouble consuming milk or food items high in calcium, look to taking supplement pills to help your bones stay strong. You can also strengthen your bones by consuming dairy products high in vitamin D, like milk or yogurt.
Omega-3 Fatty Acids
Your heart will need extra support as it gets older. To keep your heart healthy, doctors recommend taking extra Omega-3 fatty acid pills to boost its strength. Omega-3 helps prevent inflammation, reduces plaque buildup in your arteries that can lead to a strokes and reduce the risk of irregular heartbeats. It is suggested you take at least 1,000 mg of Omega 3’s in either the pill or food forms. Great foods that contain fatty acids are flaxseed oil, fish (especially salmon), walnuts and edamame. This will also help keep your heart strong to help you stay active when you want to engage in physical activity.
Taking care of your body is essential to continuing the life you want to live. Just because your number increases, it doesn’t mean your life decreases. Enjoy what you’ve always loved, but be more cautious about your body and its needs. If you’re looking to understand your body more and what it needs to be supplemented with, contact your doctor today. If you’re looking for ways to cover the costs of those doctor visitations, call Bankers Fidelity now.
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We are all getting older by the second. Unfortunately, there is no way to reverse time to help us be younger, but we can definitely feel and act younger through our actions and habits. One of the most important factors that determine your age health, not physical health, is food. Just because the years say you are 65, it doesn’t mean your body feels like it. Through the foods you consume in your diet, you can help defy the age the paper says you are and feel the way you want to feel.
Eat Your Fruits and Vegetables
It was repeated as a child and now it will be reiterated when you’re older, you must eat your fruits and vegetables. Focusing on colorful fruits and vegetables is the easiest way to put the essential nutrients and vitamins you need in your body. For fruit, break the typical banana and apple route and focus on brighter items like berries, peppers and melons. For vegetables, green is the way to go! Eating big, leafy greens like cabbage, kale, spinach and broccoli is a sure way to help your body stay strong. To feel even more energized and youthful, incorporate yellow and orange vegetables in your diet such as carrots or squash. . It is recommended to consume at least 1.5 to 2 servings of fruit a day and 2 – 2.5 cups of vegetables every day.
Stay Strong with Calcium
Keeping your bones healthy should be a top priority as you age. With the proper intake of calcium, you may be able to prevent osteoporosis and bone fractures. To consume the recommended 1,200 mg of calcium daily, eat milk, yogurts and cheese throughout the day. If you are lactose intolerant or are not a fan of dairy, eating non-dairy foods like almonds, tofu and broccoli can help you keep your bones strong.
Stack the Protein
The older you get, the more beneficial protein is for you. Protein not only keeps your muscles strong and replenishes them when necessary, but it can affect your mood. With the right amount of protein intake, you can feel less stressed, anxious and depressed. Most importantly though, when you eat the right amount of protein, you give your muscles the energy they need to maintain proper function and stay active. If you do not have a kidney disease or diabetes, it is recommended to consume about 1 to 1.5 grams of protein per 2.2 pounds of your bodyweight. The easiest way to consume protein is through red meat, but that does not mean it is the best method for you to do so. Incorporate fish, beans, peas, nuts, low-fat milk, seeds and cheese in your diet to provide variety and distribute your vitamins throughout the day. Too much red meat can be bad for you and you don’t want to counteract the positive effects of protein with the negatives of overindulgence.
Here at Bankers Fidelity, we are more than just life insurance policies, we care about your health and helping you maintain it as you age. With the proper diet and right foods, you can make the old saying, age is just a number, come true.
Reference article: http://www.helpguide.org/articles/healthy-eating/eating-well-as-you-age.htm
“I’ve got a memory like an… um… what’s that thing called again?”
We’ve all had moments where we feel like our memory has betrayed us. The other morning, I spent 30 minutes trying to remember where I put my car keys, only to find them attached to my belt loop. Whether it’s keys, anniversaries, or your granddaughter’s new boyfriend’s name, chances are you’ve let something important slip your mind. While we often relegate these moments of absent-mindedness to growing old, the truth is memory loss is not inevitable. In fact, recent research indicates that adults’ brains are still able to form new, memory-building neural networks in a process known as neuroplasticity.
So, you should have no trouble remembering that the granddaughter’s boyfriend, named Russell, is in a band, called Smashing Funkins, and that their first date was at Café Beefeaters. Right?
Not exactly. Even though memory loss is not a physical symptom of aging, the frequency of situations where we learn new things decreases as we get older. Think about it, in the beginning of your life, you were constantly learning new things, from walking and talking to reading and writing. That progressed to learning how to drive and doing algebra, and then you were learning how to raise kids of your own. The amount of new things we learn tapers off with age. This is normal, but it’s also the reason we find ourselves becoming more forgetful. In essence, we’ve forgotten how to remember. Luckily, with a little effort and self-discipline, you can retain and improve your power of recall. Here’s how:
Try Something New
A recent Swedish study entitled “Growth of Language-Related Brain Areas After Foreign Language Learning” found that memory recall improved in adults who learned a new language. Learning a new skill or investing in a new hobby helps keep your mind active and sharp. Try something that’s completely foreign to you, dance class, guitar lessons, quilting, etc. As part of your daily routine, try out new recipes, different driving routes or listening to new music.
A 2011 study showed participants who played a computer game over an extended period of time had significantly improved their concentration to the point of having a 50 percent lower rate of car accidents. You may enjoy puzzles like Sudoku or crosswords, or you can try out Lumosity.com, an online brain training program developed by neuroscientist Michael Scanlon. Their 40+ games are designed to improve memory, attention, flexibility, processing speed and problem solving.
Diet and Exercise
Scientists at the Salk Institute for Biological studies in La Jolla, CA, found that memory improved in both rats and humans through regular exercise. You can try new exercises like Zumba or yoga to switch up your routine. Also, stock your refrigerator with memory superfoods, which Dr. Gary Small, director of the UCLA Memory Clinic, says include antioxidant-rich, colorful fruits and vegetables, which protect your brain from harmful free radicals. Some superfoods include avocados, coconut oil, blueberries, broccoli, chia seeds, quinoa, red cabbage, rosemary, spinach and tomatoes.
Incorporating these new ideas takes discipline and a little effort, but the payoff of feeling more in control of your memory is certainly worth it, especially if you can save some time searching for those car keys.
Maintaining a healthy lifestyle is important from the time you first learn to feed yourself until your last years on earth. No matter what your financial situation may be, where you're living, or how big your family is, you will always need to focus on your health.
As you grow older, however, your health becomes the single most important aspect of your entire life, and you should treat it as such. Not only do you need to do everything you can to maintain a happy and healthy lifestyle, but you need quality health insurance policies and life insurance policies as well.
Here are some tips to maintain that happy lifestyle well into your old age.
It is recommended that you consume at least one and a half to two servings of fruit a day and two to two and a half cups of vegetables every day. If you want to live a strong and healthy life in your elderly years, you're going to have to get serious about your diet. Not only do you need to eat a healthy dosage of good foods, but you also need to completely cut out unhealthy foods from your diet. Just because you eat the recommended amounts of fruits and veggies doesn't mean you're allowed to stuff your face with cake, candy, and fast food all day. Develop a healthy and realistic diet and stick to it, no matter what, because your health depends on it.
Get Rid of All Your Bad Habits
If you're still smoking, it's time to stop. You know how dangerous it is and even this late in life, if you fully quit smoking, you'll feel more energized than ever and much healthier. In addition to quitting smoking, try your hardest to change any other unhealthy habit that you've developed over the last few years. If you spend all day sitting on the couch in front of the TV, consider getting outside a bit more.
Get Plenty of Sleep
Your body needs to regenerate each night and getting enough sleep is essential in doing so. If you really want to stay healthy, you have to do everything together. You can't just exercise, sleep right, and eat right but still smoke a pack a day. You have to get a decent amount of rest each night, stop smoking and doing all your bad habits, and eat right every single day to ensure a happy and healthy lifestyle.
It's so easy to let the feelings of laziness overcome you as you grow older. You have to give yourself a fighting chance to have a happy and healthy life for as long as you possibly can. Don't think for a second that just because you're not as young as you used to be that you can't improve your health. Talk to a professional and determine and individualized diet that you'll be able to stick to, put an end to all your unhealthy habits, and get plenty of sleep. You're going to need all that rest, too -- you have a lot of life left to live.
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Neither Bankers Fidelity Life Insurance Company® nor its Medicare Supplement policies are affiliated with or endorsed by the U.S. Government, the federal Medicare program, or the Centers for Medicare and Medicaid Services. This is a solicitation of Medicare Supplement insurance and an independent agent may call on you. The Medicare Supplement products issued by the Company are insurance policies. Policy form series B 21092 is issued by Bankers Fidelity Life Insurance Company®, Atlanta, GA; policy form series B 21492 is issued by Bankers Fidelity Assurance CompanyTM, Atlanta, GA. Limitations and exclusions apply; actual policy provisions control. Rates subject to change on a class basis. Individually underwritten; application to determine eligibility required.
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