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The golden years are all about living comfortably and spending time relaxing with your family. However, the level of comfort depends on how wisely you look after your health as well as your finances at this age. The better you plan for and during the golden years, the better off you’ll be.

Here are three decisions to make in your 70s that’ll go a long way.

Staying Active

Exercising and staying physically active are of the utmost importance in old age. As you get older, your locomotive ability naturally starts to decline. You may no longer have the same agility, strength, or flexibility as you once used to. Over time, this can lead to musculoskeletal ailments and even put you at risk of other chronic illnesses.

Exercising regularly can help you stay physically healthy. Not only does exercise improve your physical health but it also stimulates your brain and enhances cognitive function. You can engage in different types of physical activities to stay in the routine, such as going for a jog, taking your dog out for a walk, doing yoga, using a treadmill, or even gardening or doing errands in the house that require you to move about. You can also do simple stretches.

Dedicate at least 30 minutes to these activities each day. This doesn’t mean you have to do 30 minutes of exercise in one go. You can spread these out across the day and do10–15 minutes of physical activity at a time. Remember, your body is not as strong as it used to be. If you’re not giving it the exercise it needs in your 70s, things are going to be a little difficult to manage.

Shifting to a Mediterranean Diet

Another thing you need to be particular about in your 70s is your diet. The type of food you eat is directly linked to your health and well-being. Research has shown that the Mediterranean diet is especially helpful for older individuals as it helps against bone degeneration and cardiovascular diseases. It also improves memory and cognition, lowers the risk of dementia and brain shrinkage, and increases longevity. Since the Mediterranean diet primarily comprises vegetables, fruits, fish, legumes, and whole grains, it’s significantly healthier than other types of diets that focus on red meat or poultry.

You can easily incorporate dietary changes into your lifestyle. Start by replacing white bread with wholegrain bread for breakfast and eating an orange instead of drinking orange juice. Don’t forget to drink enough water and stay hydrated to flush out toxins!  

Reviewing Your Insurance Needs

Smart decisions don’t only include the ones that boost your health! You also need to be smart about your finances and take actions that improve your financial stability.

One way to go about this is by reviewing your life insurance policy and evaluating how well it complements your current situation. For instance, are the premium payments too expensive to continue with? Do you still have the same coverage needs as you did when you purchased the policy? Is the insurance policy about to expire soon? If you find that you no longer need or can afford your life insurance policy, then the smart thing to do is sell it for cash and opt for a life settlement. This will also help you have more control over your finances. 

Prosperity Life Settlements helps individuals in their 70s boost their finances and get upfront payment through life settlements. You can use our free life insurance settlement calculator to get an estimate.

Get in touch with our life insurance settlement brokers today and determine if you qualify!