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Preventative Actions Can Have Positive Financial Ramifications

April 23, 2012 //  by Jeffrey A. Nirenstein, Estate Planning Attorney

There are some things that are out of your control when it comes to your financial health. It is possible that your income can fluctuate due to no fault of your own, and of course there are market factors that come into play.

But at the same time, there are some things that are well within your control and you should take advantage of them to the utmost if you want to be financially secure and eventually leave a robust legacy.

Some of these are rather obvious such as creating a cogent long-term financial plan and sticking to it over the long haul. But another thing to consider would be the extent to which you have control over your future medical expenses.

It is not your doctor’s responsibility to keep you healthy. Yes, if you fall ill your physician will do everything possible to help you. However, chronic illnesses are preventable for the most part, and the way that you live your life is going to have a lot to do with the health care expenses that you may face as a senior citizen.

Obesity, smoking, lack of exercise, and a poor diet are all contributors to chronic diseases, and these diseases are responsible for seven out of every 10 deaths and a very large portion of the health care expenditures of Americans. Clearly, you have some control and you would do well to exercise it intelligently.

If you make wise lifestyle decisions and stick to a cogent financial plan you should be able to step into different phases of life comfortably. Should you be interested in mapping out a comprehensive strategy for aging, don’t hesitate to pick up the phone to arrange for a consultation with a good Hartford retirement planning attorney.

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Jeffrey A. Nirenstein, Estate Planning Attorney
Jeffrey A. Nirenstein, Estate Planning Attorney
Estate Planning Attorney at Nirenstein, Horowitz & Associates, P.C.
Jeffrey A. Nirenstein is a founding partner and vice president of the law firm of Nirenstein, Horowitz & Associates, P.C. He received his bachelor of arts degree in government from Clark University and his law degree from New York Law School.

Mr. Nirenstein is licensed to practice before the courts of the State of Connecticut and the United States District Court. He is a member of the Connecticut and Hartford County Bar Associations, and the Estate and Probate, Elder Law, Business Law and Real Estate Sections of the Connecticut Bar Association.
Jeffrey A. Nirenstein, Estate Planning Attorney
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