Everybody knows about life insurance, and disability insurance covers millions through corporate plans. Health insurance is always in the news thanks to the controversy around the Affordable Care Act.
But what about the forgotten stepchild: Long-Term Care (LTC) insurance? How much do you know about it? How do you know whether you need it or not?
Continue reading The Facts about the “Forgotten” Policy
About a third of all adults over the age of 85 will get Alzheimer’s disease or some other form of dementia, but these maladies may be more preventable than most of us realize. Doctors have known that older adults who use their brains more actively are less likely to fall victim to dementia, while less active adults experience cognitive decline more often. A new study has added two more factors which may contribute to higher incidences of dementia.
The study followed more 3,247 adults for more than 25 years, testing them regularly for cognitive health, and gaining information every couple of years on their lifestyles. It turns out that people with the highest levels of television viewing—those who watched an average of more than three hours of TV a day—had had 64% greater odds of scoring poorly on the cognitive tests compared to those who spent the least amount of time on the couch with the remote in their hands. When the lifestyle consisted of a lot of TV face-time and low physical activity, the researchers found that the odds of performing poorly on the cognitive tests was twice as high as those who were more active and didn’t watch much TV.
The good news from this rather discouraging research is that people who spent their younger years binge-watching can, at a later age, mitigate the damage by becoming more socially active, by exercising more and otherwise stimulating their brains. The speculation on TV watching is that TV is a passive medium that simply engages the brain without challenging or stimulating it. People who get up and walk, use their computer in a cognitively challenging way, learn a new language or musical instrument, play board games and/or engage in a cause or spiritual practice they care about can build up what researchers call a “cognitive reserve,” extra brain power that is associated with better cognitive aging.
About the Author: Bob Veres has been a commentator, author and consultant in the financial services industry for more than 20 years. Over his 20-year career in the financial services world, Mr. Veres has worked as editor of Financial Planning magazine; as a contributing editor to the Journal of Financial Planning; as a columnist and editor-at-large of Dow Jones Investment Advisor magazine; and as editor of Morningstar’s advisor web site: MorningstarAdvisor.com.
Mr. Veres has been named one of the most influential people in the financial planning profession by Investment Advisor magazine and Financial Planning magazine, was granted the NAPFA Special Achievement Award by the National Association of Personal Financial Advisors, and most recently the Heart of Financial Planning Distinguished Service Award from the Denver-based Financial Planning Association.
Importance Sedentary behaviors and physical inactivity are not only increasing worldwide but also are critical risk factors for adverse health outcomes. Yet, few studies have examined the effects of sedentary behavior on cognition or the long-term role of either behavior in early to middle adulthood.
About a third of all older adults – generally those over age 85 – have Alzheimer’s disease or a similar kind of dementia. Scientists and doctors have known for years that older adults who move more, socialize more and use their brains more are more likely to escape dementia. But […]