Are You Focused on the Right Things?

Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

Published by Mark Petersen

There are many people who rely upon themselves to do many tasks. In talking with them, one common refrain is, “No one will pay more attention to my stuff than I will.” The question then becomes, “Are you paying attention to the right things and/or are you consulting with the right expert?”

At Carson Wealth, we periodically talk about seeing a doctor and not sharing all of one’s medical information. One may ask the doctor for a diagnosis and/or a prescription. Back pain is a relatively common malady. Yet, back pain is difficult to diagnose and treat with so many potential causes:

  • When asked about four common types of pain, respondents of a National Institute of Health Statistics survey indicated that low back pain was the most common (27%), followed by severe headache or migraine pain (15%), neck pain (15%) and facial ache or pain (4%).
  • Back pain is the leading cause of disability in Americans under 45 years old. More than 26 million Americans between the ages of 20-64 experience frequent back pain.
  • Adults with low back pain are often in worse physical and mental health than people who do not have low back pain: 28% of adults with low back pain report limited activity due to a chronic condition, as compared to 10% of adults who do not have low back pain. Also, adults reporting low back pain were three times as likely to be in fair or poor health and more than four times as likely to experience serious psychological distress as people without low back pain.

I can relate to having occasionally experienced lower back pain. As a golfer, it is not uncommon. I implemented a regimen of stretches and strengthening exercises which I have done every morning for years. It was a hodge-podge of activity that was accumulated over decades. In February this year, my experience was different. After 2 or 3 days of rest, my back was not getting better. It prompted a visit to my doctor who prescribed for me a visit to a Physical Therapist for the first time in my life. Nine visits later, with an entirely new regimen of strengthening exercises and stretches (specifically designed for a golfer), my back feels pretty good. Even after playing 18 holes of golf.

My intention to address an issue directly impacting me was good. I was diligent in exercising every morning. However, I am not an expert in body mechanics, muscles and pain. Quite simply, I was focused on the wrong things. One relies upon lawyers for legal work, CPA’s for tax work and doctors for issues related to health. Maybe, one should consider relying upon Financial Advisors for issues of money, planning and investing. Financial Advisors are educated, trained and experienced when it comes to planning your financial future and will help you focus on the right things.

 

 

 

Share:
facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.
Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

RECENT POSTS

Should I Open a Traditional or Roth IRA?

Multiple retirement savings vehicles are available but having options can be overwhelming. Each option comes with different rules leading to a variance of outcomes in the short-term and long-term. It’s not that dissimilar to choosing what to eat.

Carson Investment Research’s Outlook ’23: The Edge of Normal

At long last, The Carson Investment Research team is proud to officially release our 2023 Market and Economic Outlook, aptly titled Outlook ’23: The Edge of Normal. You can download the whitepaper here. As you are all painfully aware, 2022 wasn’t pretty for investors – it was the first year …

What Documents You Should Provide to Your Tax Preparer

Mike Valenti, CPA, CFP®, Director of Tax Planning Tom Fridrich, JD, CLU, ChFC®, Senior Wealth Planner It’s January, so it’s officially tax season! One of the most common client questions heard by tax preparers is, “So, what do you need from me?” The short answer to that question is often, “ …

10 Tax Planning Tips That Could Reduce Your Taxes

There’s more to tax planning than you think. Do you understand how each of your accounts are taxed? How did you set up your retirement plan? Have you considered an HSA? Take control of your taxes and how they fit into the big picture. Check out these income tax planning tips. Click here to …
1 2 3 106 107 108

Get in Touch

In just 15 minutes we can get to know your situation, then connect you with an advisor committed to helping you pursue true wealth.

Schedule a Consultation