Effects Of Sleep Derivation On The Health Of Seniors
Sleep is very important in any anyone’s life. It is actually natural defense of the body against diseases and sickness. When you sleep, your body gets the time to repair and replace cellular breakdown that had happened during the day. Having a good sleep at night everyday is very
important for your energy levels, mood, and your general health. However, it tends
to elude adults who are over 65. So, as you age, you should find ways to ensure
that you are having a good night’s sleep. Sleep deprivation can have a negative
impact on your body and mind. For elderly individuals, lack of sleep might cause
a lot of health problems. Some of the most common health problems that sleep
deprivation can cause in an elderly person includes:
Lack of sleep leads interferes with cognitive
functions, including long-term memory loss, short-term memory loss, trouble
with problem-solving skills, trouble with creativity and concentration.
Sleep deprivation can make seniors drowsy and tired
during the day. Being drowsy poses a danger to you because it can significantly
affect your coordination and balance in a negative way. This will make you more
prone to falls. Falls is one of the major causes of injuries in people who are
65 years and older. Apart from bone fracture and breakage, falls can also cause
head injuries among other health problems, which can lead to hospitalization of
the injured individual for several week or even months.
your risk for heart disease
There are so many health risks that are associated
with sleep deprivation not only in seniors, but in all people irrespective of
the age. Sleep deprivation can increase your risk of high blood sugar levels,
and high blood pressure. This makes you at risk of diabetes and obesity, which
are the main causes of heart disease.
When you don’t get enough sleep, you are more likely to be quick-tempered, emotional, and moody. All these can affect your appetite negatively, and you might not be able to eat as you should. For instance, you might not be able to stick to healthy diet, and you might also skip meals. All these can make you vulnerable to various diseases and chronic conditions. Having a 2020 medicare supplement plans high impulsivity trait also makes you more likely to fall. Being moody can also affect your mental health and will increase your risk of suffering Alzheimer’s.
citizens can invest better in mutual funds?
Mutual funds are
the safest to invest for senior citizens. It provides protection of capital,
tax efficiency and easy liquidation. It’s challenging to manage life in
low-income sources. In the days of retirement, they want to keep their life
earnings safe, while generating a promised and moderate rate of return. For
such a specific requirement all investment plans are not applicable. Fixed
deposits assure you for keeping your money safe but they are not taxed
efficiently. If you want to keep your money safe with returns and which can be
easily liquidated then the mutual fund is the best option.
term debt mutual funds
Short term debt
mutual funds provide higher returns than fixed deposits and bank saving
accounts. They can be classified on the basis of time period i.e., 0 to 36
months. Short term debt mutual funds invest your money in treasury bills,
commercial papers, corporate debt and certificate of deposits. The maturity
period of securities in a liquid fund is about 90 days while short term funds
maturity period ranges from six months to four years. Liquid mutual funds are
considered to be the safest fund category.
If you want to get the best 2020 medicare supplement plans invest your money for a duration of about three years or more than that, you should then invest in equity mutual funds. Equity investment has high risk. However, a period of three years or more is sufficient to recover from the market ups and downs and also earn you some returns. For best returns, you should invest small sums for a long period of time.
funds offer easy withdrawal of the sum i.e., it can be redeemed in a day. There
is no lock-in or exit load. Equity funds can also be redeemed at any point in
time. However, if the tenure of the equity fund is less than 1 year than you
have to pay an exit load of 1%. Always
check for exit load before redeem.
investment is tax efficient as compared to other investment options. Some
equity funds are tax-free. Returns earned from equity fund held more than 1
year are tax-free.
the cost of mutual funds with others. Before investing consider the exit and
expense ratio. Agents sell regular mutual funds including their commission
which would increase your expenses. So, before investing make sure to check.
The first step to investing is to examine your
finances. Ensure that you pay any outstanding loans and credit card balances
because these greatly eat into the money available for investing. Have a budget
and know how much you should spend on the investment and how much should go on
personal spending. Getting your finances in order will help you establish a
reasonable investing budget.
2: Learn investment basics
Of course, you don’t have to be an expert for you to
invest. However, you should learn some investment basics. Learn and understand
investment basics. This will make you better equipped to easily make informed
and better investment decisions. For instance, learn about market efficiency,
diversification, portfolio optimization, and financial theories among other
financial theories. You should also learn about the differences between bonds,
stocks, mutual funds, certificates of deposit (CDs), and ETFs.
3: Set goals
Setting investing goals is the third step. Like all
other investors, you definitely want to make more money. However, you also have
your own goals that you intend to achieve through investment. Setting goals
will help in determining what investment vehicle fits such goals in the best
way. Whether your goal is capital appreciation, generating more income, or
ensuring the safety of capital, you should be clear about it.
4: Choose investments
The last step is to choose the investments. Be sure to
choose only investments that you want to be part of your entire investment
portfolio. For instance, you can look to ETFs (exchange trade funds) or mutual
funds. You may choose individual bonds or stocks
concern of senior citizen in investing in safety. The main reason is their
small income and less time to recover from financial setbacks. Senior investors
must choose a good portfolio keeping in mind the risk tolerance and sufficient
potential for growth. Finding the right balance between risk and returns is the
key to a successful investment by them. Some of the major investment plans for
senior investors are as follows:
can purchase a fixed annuity from an insurance company which ensures you
regular payment till you live. This is one of the best options provided to the
senior investors who do not want to deal with the uncertainty of the stock
markets and wanted to avoid risk. Fixed
annuities are not insured by the FDIC and, due to inflation, the purchasing
power of the fixed annuities is declining with time. Senior citizens can also
buy immediate annuities which ensure future income. In exchange for some sums
the company is providing guaranteed income. The guaranteed income is as strong
as the company that issues it. They can also choose the term of the annuity
such as 10-year pay-out, a joint life pay-out or a single life payout.
Investing in bonds also help in the growth of the portfolio of senior investors. In bond investment, you loan your money to either government, a corporation or municipality. The borrower will pay you interest for a fixed time and when the bond matures your principle is returned to you. The interest income received can be a steady source of income for senior investors. There are short term, long term and mid-term bonds from which they can choose as per their requirements. Some bonds with adjustable interest rates can be purchased which are known as floating bonds. During retirement, get 2019 medicare supplement plans and individual bonds can be used to make a bond ladder with a maturity date that suits your future goals.
Rental real estate
Renting property is also a
good source of income for senior citizens. There are certain expenses needed to
be looked at before buying a rental property. Senior having experience in real
estate can make it a business rental real estate to make a good investment. Don’t
rush in buying a rental property, you must calculate potential expenses at that
time frame. Getting into real estate looking at the success of others is not a
Crime against senior citizens continues to rise. If
you are a senior citizen, then you should be more careful not to be the next
victim of criminals who are mainly targeting seniors. In this post, we have
highlighted some of the most common financial scams that usually target senior
citizens. Knowing these scams is the first step towards protecting yourself
against them. Here are some of them.
& sweepstakes scams
This is where a scammer calls you and tells you that
you have just won a sweepstakes or a lottery of some kind, and for the money to
be processed, you are required to pay some money. They may also tell you to
provide them with your sensitive information about your bank account so that
you can claim the winning. To protect your personal finance from these scammers,
avoid tolerating phone conversations that try to tell you that you have won a
price while you have never even participated in any lottery. You can only win a
lottery if you usually participate. Furthermore, you can never be asked for
money for your winnings to be processed.
This is a common type of financial scam whereby
someone calls you and pretends to be a computer security engineers and tries to
convince you that your computer is at risk for an unknown security threat. The
caller could pretend to offer you a security check for free over the phone with
an aim of tricking you to give them the remote access to your office or home
computers for supposed professional diagnosis. After getting remote access to
your computer, they will go ahead and download some software that will enable
them still your money from your own computer.
Typically, senior citizens are always supportive of
their adult children and grandchildren. Unfortunately, financial scammers
usually take advantage of this goodness. Grandparent scammers can call you and
impersonate your adult grandchild with an aim of hitting you up for money.
Typically, these crooks will call you and start speaking to you in a very low
tone. They will call you grandpa or grandpa and they know that you will respond
by asking whether that is so and so depending on the name of whom you think is
calling you. They will then tell you that they are in trouble and they need you
to send them some money to bail them out.
Phone scams have become very common these days. Phone
scammers usually use a number of phone scams types to prey on older adults.
Phone scammers may give you a missed call so that you can call them back. They
may also pretend to be your bank manager calling you to discuss some financial
issues. To be safe, you should never call back any unknown number. You should
also avoid giving your personal information on phones.
Congratulations for making it past the 65 years-old
mark. Having been around for many decades, I bet you have learnt to follow
life’s commandments such as the Biblical commandments. Such commandments are
meant to be guidelines that keep individuals out of trouble as they along the
life’s highways which are ever full of bad rivers, blind turns, and potholes. The world of investment, just like life, also has a
rough highway that is punctuated by dishonest companies, scams and scandals.
You might find yourself in the wrong side of the investing world if you don’t
observe some basic commandments. Without much ado, here are some of the
greatest commandments of investing that all senior citizens who want to succeed
in their investments must follow.
shall set clear investments goals
Without a set of clear investment goals or a clear
purpose to direct or direct your investment strategy, then you should not
invest. It is that simple. If you do not have a well-defined destination, then
the many types of, flavors and styles of investing available may lead you
nowhere and you will be lost in the middle of nowhere.
shall be patient
You have heard it many times that patience is a
virtue. In fact, patience pays for itself in the world of investing. The market
is going to dip sometimes. When this happens, you should be patient and avoid
panicking. We are not saying that you should hold on to an investment even if
the signs are clear that you should opt out. However, it is a good practice to
take your time and observe the market instead of rushing into making decisions
based on a temporary bumpy ride.
shall do due diligence
This commandment demands that you get a medicare advantage plans 2019 should never invest in what you don’t understand. By doing due diligence, you will be expanding your general investment knowledge. Before rushing into any investment strategy, be sure to go through a due diligence process. Someone’s recommendation, time deadlines, and your own belief should not be the reasons for you to skip due diligence.
You should never place all your eggs in just one
basket. Otherwise, you will lose all of them in case the basket breaks of
falls. Instead of investing all your money in one investment, you should
diversify so that you can mitigate the risks and increases your chances of
success. However, you should not spread your money in so many investments.
Otherwise, your investment returns will become average.
According to research, staying seated for long hours
can have a negative impact on your life irrespective of how often you exercise.
Various researches have shown that sitting down for a long time increases
cardiovascular events by more than 100 percent. Again, sitting for long hours
significantly increases your risk of suffering a blood clot or deep vein
thrombosis. Even if your work involves sitting down for long
hours, make sure that you move several times throughout the day. You don’t have
to move vigorously. You can simply take brisk walks around your home or office
Regular blood sugar, cholesterol and blood pressure
checks are very important for seniors to keep their hearts healthy. High
cholesterol and high blood pressure are two major conditions that are known to
heart the heart a great deal. Unfortunately, they are usually silent and it’s
hard to know whether you have developed them unless the doctor tests you. The
best thing to do is to go for regular checkups to determine if you have these
colorful vegetables and fruits
Colorful vegetables and fruits are rich in vitamins,
high in calories, and rich in fiber and minerals. You should get at least 5
servings of these nutrition powerhouses daily and your heart health will get a
boost. Colors usually indicate that the vegetable or fruit has a high
concentration of a certain nutrient. Tomatoes, for example, are high in lutein,
which is very great for both your eyes and heart.
Smoking can cause a number of damages to your health.
It can cause lung disease and cancer. It can also increase your risk of
suffering a heart attack. And there is no way you can have a healthy heart if
you are smoking. So, you have to find a way to quit smoking as soon as
Older Adults Can Take To Get Better Advice and Care From Doctors
The uncomfortable truth that you should always be
aware of is that not all doctors you contact can provide you with the best or
optimal medical advice. The biggest mistake you can do is to assume that your
doctor is a professional and is therefore providing you or your aging parent or
loved one with the optimal medical advice. Older adults should be provided with optimal medical
advice for them to live a healthy life and age healthily. When I say optimal, I
simply mean the medical advice that is based on the latest medical knowledge,
and has been tailored to your values and preferences.
Yes, doctors out there are usually trying all they can. However, it’s not easy for one doctor to keep up with every recent technology and knowledge. Again, some doctors are fond of engaging into practice habits which are not even necessary and that which do not serve your interest. For you to get Humana Medicare Advantage plans 2019 the optimal health advice and care from your doctor, you should take the following steps:
your doctor very carefully
In most countries, not all doctors are actually doctors.
Some just pose as doctors while in the real sense, they dropped out of medicine
school or they have just been around professional doctors and this has helped
them know one or two about health, some common diseases and their symptoms, and
medicine. So, when it comes to choosing doctors, do it very carefully. Do a background to ensure that the doctor is
highly qualified, licensed, experienced, and licensed. You should also make
sure that the doctor is reputable.
the basics of health conditions
We are not saying that you should start studying
medicine. What we mean is that you should at least do your homework well and
know the basics about common health conditions especially those that are common
among older adults. You should also learn more about available treatment
options. This way, you will be able to know if your doctor is actually giving
you optimal health advice or not.
your doctor about alternatives
There are usually a number of treatment options for
almost every health condition or disease. So, ask your doctor to explain to you
about all the alternatives so that you can also help in choosing the best one.
Don’t just rely on what one doctor has told you.
Instead, seek for another opinion from another doctor.
Investment is always based on research and trust, but
this does not make investors immune to investment frauds. Of course, you must
be ready to take risks for you to invest. However, you should ensure that the
risk is reasonable. Seniors all over the world are often the easy targets
of investment fraudsters. Learning about these risks is one major step towards
avoiding them. Imagine someone tricking you out of your hard-earned savings
when you are already retired and you need a constant flow of income more than
ever. Some of the signs you should watch out for are discussed below.
If you come across an investment that is marketed by an individual or a company to have no risks but only high return, then you should be very careful. This is usually a clear sign of investment fraud because there is no investment with no risks. All investments have risks. So, anyone telling you otherwise is definitely wrong. In fact, there is a very strong relationship between investment returns and investment risks. Normally, an investment associated with high risks normally has high returns.
One common thing with all scammers is that they
usually try to push you to make a fast or immediate investment decision. They
usually want you to make these decisions before you realize you are being
defrauded. No reputable and registered investment professional or company will
push potential investors to make immediate investment decisions. A reputable
investment broker will not tell you that you should act now. In case anyone
tries to push you to make an immediate decision on a stock purchase or sale,
then you should avoid them with their investments like plague. Such kind of
pressure is never appropriate.
Guarantees of returns or profits are another clear
signs of investment frauds. All investments have risks and there is no way
someone can guarantee you that an investment will earn you high returns in a
short while irrespective of the turbulences in the economic sector. Anyone who
guarantees you that investment is going to perform in a certain way is
obviously a con. Every type of investment must carry a certain degree of risk.
Most investment scams often involve unlicensed
companies or individuals selling unregistered products or securities. Do your
due diligence and find out whether the individual who is trying to sell you
securities is licensed. If not, then he is a fraudster.
Seniors Should Consider Before Making Investment Decisions
As most senior citizens out there, you might be
thinking about how to invest your savings so that you can have a consistent
flow of enough income but you might not be well conversant with what it takes
to make it as an investor. To get you started, we have discussed some of the
factors you should always consider before you make the decision to invest in
any business. These factors have been discussed below.
One of the most important things you should consider
before investing or making any investment decision is whether you have the
financial capacity. So, assess the
situation of your finances first. Before you commit your money to any business,
you should start by weighing whether you have the financial capability to finance
and comfortable run that particular business. If you don’t have the financial
muscles to take on a particular venture to completion, then it is wise not to
commit your money on to it.
Before you invest or make an investment decision, you
should first analyze the competition and know who your competitors are. Know
more about your competitors including their financial powers. Analyzing
competition before investing in any business will help you know whether you can
be able to withstand the competition.
Another important factor to consider is a back up strategy. Most investments, if not all, sometimes experience hard times, and might make huge losses. So, before you make any investment decision, make sure that you consider 2019 AARP medicare advantage plans what back up strategies are available for that particular investment. For instance, you can take an insurance cover for the business.
Before you make any investment decision, you should first
of all consider what exit strategies are available for you, and how viable they
are. You might want to invest to achieve certain goals and after which you pull
out from an investment. You might also want to stay in an investment for life
but it may not prove not to be taking you to your goals. In both cases, you the
best thing to do is to pull out of the investment. So, it’s very important that
you consider what exit strategies would be the best for you.
your investment advisor says
You don’t have to be a lone ranger in making
investment decisions and in your investment journey. Consider consulting a
reputable investment expert to help you understand various aspects of
investments. Put what your investment expert tells you into consideration
before making any investment decision.