Author Archives: phil@rebelfinancial.com
The Problem
Americans are overweight and not ready for retirement! To many people, these problems do not seem linked, but as a financial advisor I know that are inextricably linked. Americans spend too much money on food…money that could be put towards retirement savings. Once they have their larger appetite, the will have to spend more money…
Willingness to Solve a Problem
Willingness to Solve a Problem: In addition to acknowledging their problems, there has to be an willingness to solve it. Of those that are overweight, only about 25% are trying to lose weight (Gallup Poll). When it comes to retirement savings, 56% of adults have less than 10% saved according to a GoBankingRates survey. There…
Acknowledging we have a problem
“It’s not me that’s gained too much weight, it’s the other guy”. Or…more likely, …you are like so many Americans that aren’t acknowledging their poor fitness. From recent studies we learned that only about 50% of overweight Americans acknowledge they are overweight. It’s even worse with Americans that are categorized as obese. Only 15% of…
Healthcare Insurance: Sharing The Cost
Whether America is relying on private healthcare insurance or a more structured system like Obama care, our healthcare is communal. To a large degree, we all share in the costs and benefits of the finite healthcare services available. The healthcare pie, to some degree, is static and a sum zero game. With limited resources, the…
Measuring The Problem
Measuring the problem: Health care in retirement is going to be costly, but can be significantly different from one person to another. Even the healthiest of us will pay a large amount, though the more out of shape we are, the more money we are likely have to spend on ourselves. Since I believe that…