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Staying fit is important at any age, but as we get older our bodies change and respond differently to exercise. Adapting how you work out will help you to stay active while limiting your risk of injury.
The tips below will give you some advice on the best exercises for your age group, and provide extra guidance on how to adapt your usual routine to keep moving during lockdown.
In your late 30s and 40s
Staying fit at this age sets an important foundation to keep you healthy for decades to come. Ideally, you should be active on a regular basis, mixing weighted and cardiovascular exercise. When it comes to cardio, variety is key. During isolation try online group gym classes like boxing, Zumba or spin and set yourself a physical challenge like a timed run to keep things interesting.
In your 50s
Your fifties is a great time to start focusing on resistance training to keep your muscles and joints healthy. Slow and steady movements using light weights or elastic bands will work on vital small muscle groups, and can be more challenging than you might think. Since we are all spending more time at home, find household items that could double as weights. Online Pilates classes are also a fantastic way to build a strong core – try to work at least one resistance workout into your weekly routine of activity.
In your 60s
Heading into your sixties, it’s important to stay as active as possible. Experts recommend one hour of moderate exercise five times a week for maximum health benefits. Moderate exercise gets your blood pumping and heightens your breathing, but you should still be able to have a broken conversation. Once we are out the other side of the covid-19 crisis incorporate activity into your social time with a hike, game of tennis or a dip in the pool.
In your 70s
As you get older, working on strength, flexibility and balance will help you live a happier and easier life. Depending on your strength levels, there are plenty of chair-based or body weight stability exercises that you can work on at home. Daily stretches, walks and balance exercises will help you maintain your range of movement and keep you mobile and active for years to come.
Please be mindful of any existing injuries or medical conditions before taking up exercise. Always consult with a doctor if you are starting a new exercise regime.
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We believe the true value of financial advice isn’t found in dollars and cents (although this is important too!) but in the peace of mind a financial plan can provide. It’s knowing where you want to go and how to get there, with a dedicated team behind you every step of the way.
We know the impact of good holistic financial advice can make and we have the life experience, technical capability and quality support team that can make that difference for you. We’ve empowered over 1000 families through the delivery of great financial advice, to be healthy, wealthy and happy.
The amount of super you’ll need when you retire depends on your big costs in retirement and the lifestyle you want. The Associate of Superannuation Funds of Australia (ASFA) estimates for a single $44,224 a year and for couples $62,562 a year is how much you may need. This is only an indicator and our advisers assess everyone’s individual circumstances.
The fees we charge for financial advice is only a fraction of the value we derive for our clients, meaning our clients are always better off after seeing us. Rarely do we encounter a new client invested appropriately for their needs, with adequate risk protection, structuring and estate planning provisions in place. Even small tweaks to a financial plan over a long period of time can result in drastically better outcomes for our clients which eclipses the fees of the financial advice. Additionally, you can opt-out of an ongoing fee arrangement at any time.
In our discovery meeting with you our advisers discuss the initial advice fee and the ongoing fees associated with our services.
After our initial phone call to discuss why you are seeking a financial adviser, we arrange a discovery meeting that outlines what is important to you, your current position, our areas of advice, our approach. We then present a Statement of Advice (SoA) to discuss your goals and our recommendations and go through the steps of how to proceed to the implementation stage. After signing the SoA, we discuss your questions, get you to sign the authority to proceed and complete any application forms before implementing the recommendations detailed in the SoA.
One thing to consider is the interest rate on your home loan in comparison to the rate of return on your super fund. Before making a decision, it’s also important to weigh up your stage in life, particularly your age and your appetite for risk. Whatever strategy you choose you’ll need to regularly review your options if you’re making regular voluntary super contributions or extra mortgage repayments. As bank interest rates move and markets fluctuate, the strategy you choose today may be different from the one that is right for you in the future
The information provided on and made available through this website does not constitute financial product advice. The information is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. We recommend that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Evalesco Financial Services do not warrant the accuracy, completeness or currency of the information provided on and made available through this website. Past performance of any product discussed on this website is not indicative of future performance. Copyright © 2019 Evalesco Financial Services. All rights reserved