Hcsn 5 86 wk17

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Established in 1929

Health City Sun

The

www.healthcitysun.com

New Mexico’s Legal & Financial Weekly

April 24, 2015

Vol. 5.86 No. 17

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3 Steps to Build a Better Nest Egg

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t’s one of the biggest challenges facing today’s workforce -- can I save for retirement? It is made even more difficult with an unpredictable economy and low levels of trust in financial institutions.

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So, what’s an investor to do? FinMason (finmason.com), self-proclaimed numbers crunchers and producers of an independent investment analysis tool, may have the answer. According to FinMason’s “Building Bricks,” there are three basic steps you can take to sketch out a general retirement plan: * First, calculate how much money you need to retire. To get a rough idea, take the amount of income you would like at retirement, subtract the amount you expect from social security and divide the result by 4 percent. For example, if your total annual income required in retirement is $60,000, subtract other sources of income (Social Security might be about $24,000), which leaves you with $36,000 that your savings needs to produce each year. Divide by .04 and you get a whopping $900,000. This is the amount you need to save in order to retire the way you would like. Next, think about the minimum amount of income you would need to retire at all, and do the same calculation. This is your minimum retirement goal. The idea is to create a retirement plan where you have a good chance of retiring the way you want if markets go as planned, but still stays above your minimum retirement goal if markets behave poorly. *

Next, determine how much you can set aside each month. The

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amount you save each month is usually the biggest driver of your ability to ultimately retire. In this way, small sacrifices now will most likely bring big dividends down the road. Not making sacrifices now will likely lead to worse outcomes. * Lastly, determine your investment risk tolerance. This is another important consideration since it typically drives the investments you choose. One straightforward way to determine your risk tolerance is to use an online retirement calculator that allows you to choose different risk levels and see how that effects your retirement. You want to choose a risk level that gets you as close to your goal as possible without dipping below your minimum retirement amount. It is also helpful if the tool shows you how much you could lose in a stock market crash so you can gauge what a really bad day would feel like. For more information, visit www.finmason.com. -(NewsUSA)

Natural Health Care From Down Under Poised to Make U.S. Debut

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ating healthy and getting fit seem to be the mantra these days. After all, the First Lady has made childhood obesity a priority with her “Let’s Move” campaign. Plus, the diet industry isn’t showing any signs of slowing down, with Americans spending more than $60 billion annually, according to U.S. News and World Report. Despite that, obesity continues to plague the U.S. and remains a serious health concern for the country. Underscoring this point is that, according to the Centers for Disease Control and Prevention, more than one-third or 78.6 million U.S. adults are obese, and in 2008, the last year that numbers were reported, obesity cost the U.S. $147 billion in annual medical expenses. For those looking to lose a little or a lot of weight, choosing between lifestyle products that assist with weight management can seem daunting. “With so many products that assist in weight management to choose from, it’s difficult to know which ones will work,” said Simon St. Ledger, managing director of Rapid Nutrition, producer of U.S.-made natural health care supplements that have seen huge success in Australia. “This is why we are so focused on being our customers’ first choice for their health

and well-being needs, and establishing that there are companies that make choice products.” Rapid Nutrition was established on the back of its proven science-based supplements, SystemLS, that are now being sold in Australia’s biggest retailer (Woolworth’s) but will soon be available worldwide -- including the U.S. The best part? All ingredients, according to the company website, are 100 percent natural, organic, gluten-free and designed to support natural weight management. The scientifically formulated SystemLS includes six products that have undergone stringent testing. The formula is high in fiber, antioxidants, omega 3’s, whole-food-based vitamins, probiotics and high-quality whey protein. In addition, SystemLS offers a unique weightloss-coach phone app to provide ongoing motivation, training and support. “We are well positioned to help more people tackle the challenge of weight management with a system that works,” said St. Ledger. To learn more about SystemLS products and the phone app, visit www. systemls.com.-(NewsUSA)


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