Photo: Jean Chatzky courtesy of Ari Michaelson
In the last three decades, people are living longer in the United States. And the number of Americans 100 or older has increased 2,200 percent since 1950. At the same time, 84 percent of all healthcare spending is related to chronic diseases. But only 10 percent of people think about Financial longevity. So say Jean Chatzky, Michael F. Roizen, MD with Ted Spiker, authors of AgeProof Living Longer Without Running Out of Money or Breaking a Hip (Grand Central Life & Style, $28) published last month. In the book, they share their opinions about physical and financial health and promise readers that “...if you take the steps we outline here, you'll reduce your risk of developing chronic conditions, save more of those out-of-pocket and horrendous hospitalization costs, and live longer with fewer disabilities.”
Jean Chatzky,co-author, AgeProof
Chatzky and Roizen advocate regular physical and fiscal check-ups. For physicals they recommend self-tests and healthcare tests, including bone mineral density, prostate, mammogram, colonoscopy, mental health, rectal, eye, dental and other exams. On the fiscal side, they suggest reader assessments of income level, expenses, net worth, emergency savings, retirement, credit score, personal circumstances and changes. They point to economist Daniel Kahneman's research as indicative that the benchmark income should be derived from the line between happiness and unhappiness, $75,000. The estimates outlined in the fiscal physical chapter are for people earning between $50,000 and $300,000.
In the Introduction, the authors offer to teach readers how to “make your money and good health last decades longer.” They were too busy to respond to questions by email, according to a spokesperson for their publishing company. A press release about the book, points to the authors' belief in a crucial connection between health and wealth, and that the same principles that apply to a better body apply to an improved investment portfolio.
Michael F. Roizen, M.D.,co-author, Age-Proof
The 328-page hardcover book is divided into eight parts: System Checks, Breaking Bad Behavior, Pressure Situations, Team Works, Survival Instinct, Go Time, Making a Living, and Domestic Engineering, and 16 chapters. The chapters are written in an easy to read style with sidebar quotes from the authors.
Chatzky, a financial journalist, author and motivational speaker, is a financial expert on the Today Show. Roizen, a board-certified anesthesiologist and internist, served as chief wellness officer at the Cleveland Clinic. He received the Paul. G. Rogers Best Medical Communicator award from the National Library of Medicine. Spiker, professor and chair, Department of Journalism at the University of Florida, is co-author of 20 books.
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