The Daily Camera recently published an article about a study from CU Boulder about the link between a lack of financial planning and the chance of a premature death. Author Olivia Doak said,
“People who don’t plan financially for their future have an increased risk of dying prematurely, according to new University of Colorado Boulder research.
The research found that procrastinating financial planning for the future isn’t only bad for the wallet, it can affect life expectancy.
The study analyzed data from thousands of older adults living in the U.S. and England, according to a release. The two groups were asked about their planning horizons on spending and saving. The researchers later checked government mortality records to see how long the participants lived.
The results showed people with a shorter financial planning horizon had a higher risk of dying prematurely, even after controlling for factors including age, gender, income, education, health and life expectancy.”
You can read the full article here: https://www.dailycamera.com/2023/11/01/cu-boulder-study-finds-lack-of-financial-planning-leads-to-higher-risk-of-death/