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Free Exercise for Seniors

MoneyWise

Christian talk radio with Rob West

December 11, 2019

Do you like to save money but hate to exercise? Oddly enough, the two are linked. Studies show that moderate exercise saves hundreds, if not thousands of dollars a year, especially if you're a senior citizen. One sure-fire way to get out of the rocking chair and down to the gym is to understand that the first place the lack of exercise might hit you, is in the pocketbook. Our host, financial planner and teacher Rob West has some helpful information on this subject. Rob offers information on the biggest reason senior citizens do not exercise and also describes the biggest benefits that exercise offers in that stage of life including lowering risks of multiple physical and emotional ailments. He also offers practical advice to seniors on how to get moving. He talks about programs such as EnhanceFitness and the YMCA's Active Older Adults Program. In today's show we also answer your questions: -What is the best way to invest an inheritance? -We have a rental that we are going to be able to pay off in a few years. Right now it has an interest rate of about 6%. We've been offered a lower interest rate. Would it be worth the closing costs? -Our daughter is in nursing school. She has worked and paid her way thus far, but might need to take out a loan (20K) for her last year. We really do not want to co-sign a loan for her, so what is the best option for her? -I have a 401K with a previous employer. What is the best way to roll it over into my current employers 401K? -I live on a day-to-day budget. Do you have any advice to help me budget better? -I am widowed and raising a grandchild. I just received an inheritance from my mother's passing. What is the best way to use this inheritance? To ask your questions, call (800) 525-7000 or email them at [email protected] Also, visit our website, moneywise.org, where you can connect with a MoneyWise Coach, purchase books, and even download free, helpful resources. Like and Follow us on Facebook at MoneyWise Media for videos and the very latest discussion! And remember that it's your prayerful and financial support that keeps MoneyWise on the air. You can help us continue this outreach by clicking the Donate tab at the top of the page.

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