Traveling is Good for You

As anyone who reads this blog knows by now, my wife and I are frequent travelers.  While we always enjoyed traveling, now that we are retired, we have the time to travel as much as our retirement resources allow us to do.  Recently, we have been traveling a lot.  We just returned from a visit with our daughter and her family in Minnesota.

During our visit, we had a number of wonderful experiences in the Minneapolis area, which we will be writing about.  On the way back  home, we also made stops in New Glarus, Wisconsin and Springfield, Illinois.  

I will be writing about each of these adventures in the very near future. So, stay tuned.  What I wanted to share with you today is the somewhat surprising finding that traveling can be good for you, despite the perceived stresses of flying and driving.  

A study conducted by Expedia in 2013 found that 90% of vacationers experienced less stress after a day or two away from the office or factory.  Many other studies have shown that the failure to take regular vacations can both speed  up the aging process and result in a greater risk of coronary related disease and deaths. "Feeling Stressed? Hit the Road," Minnesota, Money Magazine, October 2014, p. 9.

Now, not everyone can travel or take a vacation as often as we do.  But keep in mind, if you can, give a vacation a try.  It just might save your life.

Do Stock Brokers Need Help to Advise Boomers on How to Invest their Money?

Do stock brokers and financial advisors need help in preparing to advise baby boomers how they should invest their money as they plan for retirement and retire?  Well, Bank of America Merrill Lynch apparently thinks so. According to a report on today's "onwallstreet" website, Merrill has retained a gerontologist, to assist in preparing its advisors to deal with the aging population in America, who are customers of Merrill. For those of you unfamiliar with the term, a gerontologist is a person who is trained to study the social,psychological and biological aspects of aging.  It differs from geriatrics which is the medical study of aging.

The gerontologist named by Merrill, Cynthia Hutchins, has a degree in gerontology from the University of Southern California (USC) and has worked for some 28 years in the financial industry and for 15 years with Merrill in various capacities.. She was named by Merrill  to train Merrill's 15000 advisors on how they can better assist clients with age-related issues such as planning for retirement , use of resources in retirement as well as other health and finance issues, as well as issues arising from things such as dealing with adult children who return home and grandparents raising their grandchildren

Sounds like it might be a good idea.  Let me know what you think.