Making sure that your financial health is in good standing as you reach an advanced age is of course very important. If you are like most people it is going to take some intelligent long-term planning to position yourself to enjoy your retirement years to the fullest. But, if you work with a good South Carolina financial planning attorney you should be able to accumulate the resources that you need to live comfortably throughout your life.
In addition to your financial well-being you also have to concern yourself with your physical health. Having enough money to do all the things that you always planned on doing when your time became your own is not going to do much good if your health will not allow you to take advantage of your financial freedom.
One of the health issues to keep in mind as you are approaching your senior years is the possibility of falling down and injuring yourself seriously. The statistics on the subject are eye-catching to say the least.
According to the National Council On Aging, an older adult American dies as a result of a fall every 29 minutes. Falling is the leading cause of accidental death among elder Americans, and annual medical expenses incurred in the United States due to falls are expected to reach in excess of $50 billion by 2020.
There are things that you can do to prevent falls, such as installing handrails, grab bars and walk-in showers into your home. It is also important to stay focused, aware, and in the moment while measuring every step because a single mistake could have devastating consequences.
John Kuhn, Estate Planning Attorney
Latest posts by John Kuhn, Estate Planning Attorney (see all)
- Incapacity Planning - December 20, 2018
- Special Accounts for People with Special Needs - December 17, 2018
- How Are Trusts Taxed? - December 7, 2018
