RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

For Retirees, Health Tops Wealth

April 24, 2015 1:48 am

Whoever said, "If you have your health, you have everything," must have been retired.

Health is typically more important than wealth when it comes to determining the well-being of America's retirees, according to a recent MassMutual Retirement Services study. Retirees in better health are more likely to feel financially secure, enjoy retirement, feel fulfilled, and are less likely to experience negative emotions.

The study shows that the loss of health is more costly to a retiree's overall experience than the loss of wealth. Three-quarters (76 percent) of those with $250,000 or more in assets report having a positive retirement experience, compared to 68 percent of those with less than half the assets. However, the health gap is much steeper: 80 percent of those in better health report having a positive experience in retirement, compared to only 59 percent of those who are in poorer health, regardless of how many assets they own.

Four in 10 retirees overall say they spend more on health care than they expected before retiring, with 43 percent spending more than $5,000 annually and 14 percent spending more than $10,000.

In focus groups conducted as part of the study, many retirees expressed concerns about the potential impact of their family health history, especially in later years. Many retirees also talked about working longer to maintain their healthcare insurance.

Source: MassMutual Retirement Services

Published with permission from RISMedia.


Tags:

Accent These Rooms for a Brighter Home

April 24, 2015 1:48 am

(Family Features) When it comes to brightening your home’s decor, accent pieces can make all the difference. But adding these touches doesn’t have to break the break. Here’s how to incorporate inexpensive, beautiful and practical accents around your home.

Kitchen Accents

Dressing up the heart of the home can be as simple as placing a bouquet of flowers or a decorative hand soap by your kitchen sink. On the counters, keep clutter to a minimum and inject pops of color with a clear or wooden bowl filled with your favorite seasonal fruit.

Living Room Accents

One easy way to add character to the living room is to utilize pieces that tell a story. Treasured mementos from a special vacation or frames filled with pictures of your loved ones add not only a personal touch, but also give visitors a glimpse at the things that matter most to you.

And consider using accessories that serve a dual purpose – wax candles can both enhance the decor and provide pleasant scents, while a throw blanket can complement the decor while providing some cozy warmth.

Bedroom Accents

If you're hesitant about patterns in your home’s sanctuary, try incorporating a bold design through an accent piece, such as a lamp shade. Add a stack of your favorite books on the nightstand in a nod to your personal style.

Source: Softsoap

Published with permission from RISMedia.


Tags: