"Elizabeth Richardson" <erichktn[at]worldnet.att.net> wrote
- quote -

Likewise, when I saw the comment about starting to look out
for one's physical health in one's 30s etc., because this is
an important investment on a few levels, I thought of some
of the posts you had made. (Though I think I need to add
what is becoming my standard disclaimer on this subject:
"Self-indemnification" for health care costs is my personal,
delusional euphemism.)

Now Elle needs to go load her skis in the car for tomorrow's
day on the slopes. Given the exercise (no knee-destroying
moguls or black diamonds) it involves, it's a bargain.

:-)

The latest issue of "In the Vanguard" (from Vanguard) includes a couple of
pages about saving for retirement. Two of the three interviewees in this
article are: Stephen Utkus, director of the Vanguard Center for Retirement
Research, and Jack Brod, head of Vanguard Asset Management Services. The
last two paragraphs of the article:

"Should people get advice regarding investments and retirement?

"Mr. Brod: Yes, many people can benefit significantly from good, objective
advice. There is a lot to consider, and having access to an experienced
professional who can inform, educate, and advise should prove valuable. I
would turn to someone who can be trusted, has the right experience, will not
allow conflicts of interest to interfere, has fair prices and fully
discloses all costs, and has the reputation of putting clients first.

"Mr. Utkus: Yes, talk to your financial planner about how to manage your
money. AND talk to your doctor about managing health risks. The biggest
risks you face as you age are not only financial risks but health risks too.
The doctor will tell you - just like the planner - that you should have lost
weight, quit smoking, and started exercising in your 30s, not your 60s! So a
similar time principle applies - but that's another story."

I like the way Mr. Brod describes the financial planner who is likely to be
the most help. Elle posts frequently here about health care costs and
retirement and her points are well-taken. So is the above admonition about
preparing for health care in retirement.

Elizabeth Richardson