Good at Handling Your Money? You're Probably Good at Health Care Too
NEW YORK (TheStreet) -- Did you know that contributing more cash to your 401(k) plan could lead to better physical health outcomes?
Conversely, not contributing to your retirement could be a harbinger of depressed health, says one academic study.
The data come from a study called Healthy, Wealthy and Wise: Retirement Planning Predicts Employee Health Improvements from the Olin Business School at Washington University in St. Louis.
Lead researcher Lamar Pierce, a business professor at the university, found that "poor physical health and financial health are driven by the same underlying psychological factors." That suggests the better the financial decisions you make, the healthier you'll become.Also see: You'd Better Be Ready for a 40-Year Retirement Also see: 4 Summer Steps to Personal Wealth (Including Starting That Business)
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