Financial planning and your health

How important is financial planning to your physical health? According to this article in the New York Times,” a new study from the journal Psychological Science finds that people who are good at planning their financial future are more likely to take steps to improve their physical health — and then actually become healthier.”

One of the study’s key findings: “Employees who contributed regularly to their 401(k) plan were not only more likely to take steps to improve their health but also, in aggregate, had a 27 percent improvement in their blood scores. “Noncontributors continued to suffer health declines,” the paper said. The 401(k) contributors also showed relative improvements in safety behaviors, like seatbelt use.”

Read the entire article here.