Ways women over 50 can achieve financial fitness before retirement Part 3

                               
                                                                           

Fitness Mind & Body

When we think about financial goals, fitness of mind & body most likely isn't something we think about.. 

the following info was found on webmd

A complete fitness program must include the following:

Aerobic exercise. Walking, jogging, swimming, and dance exercise are good ones to try. Aerobic exercise works the large muscles in your body, benefitting your cardiovascular system -- and your weight. Work up to getting 20 or more minutes per session, 3 or 4 days a week. Make sure you can pass the “talk test,” which means exercising at a pace that lets you carry on a conversation.

Strength training. Lifting hand weights improves your strength and posture, maintains bone strength, reduces the risk of lower back injury, and also helps you tone. Start with a hand weight that you can comfortably handle for eight repetitions. Gradually add more reps until you can complete 12.

Stretching. Stretching exercises help maintain flexibility and range of motion in joints. They also reduce the risk of injury and muscle soreness. Yoga and Pilates are good forms of stretching exercise; they build core body strength and increase stability.

Make Exercise a Part of Your Daily Routine

Every bit of movement counts. If you're too busy for a regular workout, look for other ways to be in motion. Research shows that all those extra steps you take during the day add up to big health benefits. Here are some ideas to get you on your feet:

Adopt a dog and take it for walks every day.

Take the stairs instead of the elevator. At home, don't shout at your family members from the stairs -- go on up.

Get up and talk with co-workers, rather than sending emails. Have a meeting with one or two colleagues? Take it outside and make it a walking meeting.

Walk briskly whenever you can. Always wear comfortable shoes, or bring them with you, so that your feet can be your main mode of transportation.

Find a sport, game, or activity you like. You’ll stay committed to exercising if you’re doing something that you enjoy.

WebMD Medical Reference Reviewed by Nivin Todd, MD on April 17, 2015

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the following is my view

I can tell you that having a dog forces me to get up, get out and walk. 

If it's not possible to have a dog, ask a friend to walk with, this way you can support each other to get out and walk.

Join a fitness center, most offer reduced rates for older people.

Ways women over 50 can achieve financial fitness before retirement part 2

                                                                         

                       
                                                             
                      Ways women over 50 can achieve financial fitness before retirement

the following info was found on pbs.org

By and large, women over 50 will have different financial challenges than their male counterparts, so keeping financially fit is important. 

Keeping physically fit is always important, but as we age, it becomes even more imperative to maintaining quality of life. Keeping physically fit is always important, but as we age, it becomes even more imperative to maintaining quality of life. According to personal finance expert and Next Avenue contributor Kerry Hannon, the same is true for financial fitness.


Hannon stresses the importance of “financial fitness” for women, and especially for female members of the baby boomer generation, who are now entering their fifties and beyond. “Women have been part of the workforce more in this generation than before,” Hannon says, they are also likely to stay in the workforce longer. The full retirement age for Social Security has risen from 65 to 67, and, according to Transamerica Center for Retirement Studies’ “Fifteen Facts About Women’s Retirement Outlook,” 57 percent of women plan to retire after age 65 or not at all.
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the following is my view

So, let's take a look at that last paragraph. Wow, 57 % of women plan to work past age 65, or not at all. Gee, I would love to know how many of that percentage of women are not planning to retire at all. I bet it would be a large part of that number.
When I hear on the news how the younger generation is the first to live as well financially as their parents, I think, oh really? How wrong that is... My parents were not rich, but my dad was able to retire and have pensions from two places he had worked, my mom was able to receive social security, although she never had a full time paid job. She did work part time throughout the years. She also raised six children. Now, so many women will not get social security and in reality, how many people, men or women are retiring now with pensions from 20 years or more?
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pbs

Women face some unique challenges in planning for their financial future. Women famously earn 78 cents for every dollar earned by men. In a recent article for Next Avenue, Hannon points out that women are more likely to deviate from their career paths by taking time off to raise children or care for aging parents. They also tend to work for smaller firms and nonprofits that may not offer to match employees’ contributions to their retirement savings plans, if they offer a plan at all. On top of that, Hannon says, “most American women will find themselves single at some point from the age of 65 to the end of life.” This means women should be prepared to navigate the financial world on their own in their golden years.
Research suggests the average American woman does not believe she is up to the challenge. A Fidelity study released in February found that 82 percent of women were confident in their ability to budget and manage their daily finances, but only 37 percent of women felt confident planning for their retirement. Hannon offers the following financial fitness regimen for women in their 50s who are seeking to increase their financial know-how.

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my view

It's kind of baffling that women feel they are not able to plan for their retirement. Yet they are usually the ones raising the children, balancing a job outside of the home, balancing money between childcare, food, bills, clothing, and emergencies.
Women usually put everyone first, and don't focus on their health, so it makes sense they wouldn't in later years.
In the next post, let's look at making time for ourselves. Fitness of mind and body.


Beginning article
http://olderwomenrockon.blogspot.com/2016/12/women.html