Unhealthy Behavior Cost Illustrator

The Lifestyle Risk Calculator was developed to help, serve, and educate people concerning Financial Wellness and how to better plan for the future in terms of financial and clinical outputs. Being prepared for retirement and being able to afford Healthcare costs are top concerns for most individuals. By identifying unhealthy behaviors, allocating a cost to them, compounding that interest till the ideal retirement age results in major money saved.

What type of unhealthy behaviors are we talking about? Overweight & Obesity, consuming alcohol, energy drinks, soda, & coffee, smoking cigarettes or using other forms of tobacco products, not enough physical activity, etc. Some examples: 60% of our population is overweight --- Obesity-related conditions include a range from heart disease, diabetes, and cancer, all of which are leading causes of preventable death --- The estimated annual medical cost of obesity in the U.S. was $147 billion in 2008 U.S. dollars --- The medical costs for people who have obesity were $1,429 higher than those at a normal and healthy weight. Read more facts here (Content source: Division of Nutrition, Physical Activity, and Obesity, National Center for Chronic Disease Prevention and Health Promotion)

What type of financial behaviors are we talking about? Saving for 401(k) Plan and taking advantage of employer matching, HSA, IRA, school loans, credit card debt, outstanding loans, etc. Some examples: 80% are not saving enough for retirement --- 50% of Americans have less than $10,000 is savings --- the average 401(k) balance is $58,991 --- 401(k) plans can be critical to retirement --- The Economist reported in June 2014 that U.S. student loan debt exceeded $1.2 trillion, with over 7 million debtors in default --- Average outstanding balance per borrower for school loans is $37,172

What are we supposed to do? What can be done now to make a difference later?

Solving the need for better education is our primary goal. Many businesses are positioned to help educate, inspire and motivate people to be proactive and start shifting unhealthy spending to savings today. Despite the seriousness of these 2 crisis’s, spending just a few hours on the subject, working Americans can boost their Retirement savings and dramatically develop a good grasp of the essentials needed to make smarter decisions that can put them on the path to a healthy and secure retirement. Lifestyle Risk Calculator can encourage and help people to think about the goals they want to achieve and develop a plan to get there and achieve success. Once you know where you stand you can identify opportunities to improve.

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