The choice between extra money and healthy years often divides public opinion, with many valuing health as they age, significantly impacting decision-making.
When faced with the choice of gaining 10 extra years, a majority, around 68%, preferred health over financial gain, indicating a shift in priorities.
Jean Chatzky notes that the perceived value of a year of life can be quantified at $200,000 from survey responses, revealing how people assess life expectancy.
The report indicates that health and financial stability are interconnected; financial challenges may hinder one’s ability to maintain health.
#health-vs-wealth #retirement-planning #life-expectancy #financial-wellness #edelman-financial-engines
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