When we are young, it is easy to perceive ourselves as invincible, believing that health issues, including serious illnesses like cancer will only affect older folks. However, the statistics have spoken – youth does not grant immunity to health challenges.
Full article here: https://www.ft.com/content/90d5f2e3-d539-4149-a503-2114ac3ef355
In Summary
Over the past 30 years, there has been a significant increase in the number of young people developing cancer. This rise in “early onset” cancer among those under 50 years old has been called an epidemic by experts.
Data shows that cancer rates in people aged 25 to 29 have increased by 22% between 1990 and 2019 in developed countries. Rates for 20- to 34-year-olds in these countries are now at their highest level in 30 years. Among 15- to 39-year-olds, cases of colorectal cancer increased 70%.
Some Possible reasons:
(1) Changes in diet: The consumption of food high in saturated fat and sugar (for millennials in their early life) is believed to alter the composition of the microbiome in ways that can harm an individual’s health.
(2) Changes in lifestyle: sedentary behaviour, and excessive alcohol consumption, are prevalent among millennials. These choices can contribute to obesity, which is linked to an increased risk of several cancers, including breast, colorectal, and pancreatic cancer.
(3) Delayed Childbearing: The decision to delay childbearing has become more prevalent among millennials due to various reasons. Giving birth for the first time at a young age are factors known to confer protection against breast cance.
Spotting cancer early:
Early detection can greatly improve the chances of successful treatment. Some early signs to take note of are:
(1) Unexplained Weight Loss: If you’re experiencing unintended weight loss without any changes in diet or physical activity.
(2) Persistent Fatigue: Feeling constantly tired and lacking energy, despite getting enough rest.
(3) Unusual Changes in the Body. For example, the presence of new lumps or bumps, changes in the size, shape, or color of moles, persistent pain in specific areas, unexplained bleeding or bruising, or changes in bowel or bladder habits.
(and if you ever feel uncertain or in doubt, just consult a doctor!)
What you can do for yourself/loved ones:
(1) Stay in tune with your body and look out for red flags
(2) Make fitness, a healthy diet and health a priority.
(3) Review your own insurance coverage
(4) Review your children coverage
(5) Spread the awareness
For a review of your coverage, you can contact me here
Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek independent financial advice that is customised to their specific financial objectives, situations & needs. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.
I believe that “Worrying is not planning and Hope is not a good strategy”, and that the purpose of Financial Planning is to allow us to lead fulfilling lives while being financially wise.
As such, my role as a Certified Financial Planner CFP® is to help my clients build those sound financial strategies and design action plans that put them on track to their financial goals so that they can live the best possible life for themselves.
This is done via a systematic approach of ongoing cash flow management & asset allocation, as well as investment management, estate planning, and tax optimization.
I also ascertain that I stay up-to-date with industry trends and policies changes to ensure that my clients benefit from the latest strategies and opportunities available.
Over the years, I have developed a specialty in comprehensive financial planning for busy legal professionals & educators. I also particularly like assisting working mothers & young families to achieve their long term financial goals. Working with the largest independent financial advisory (IFA) firm in Singapore also frees me from product pressures and allows me to only recommend solutions that suit my client’s needs. And client’s interest, is always the core of my FA business.
Being a wealth planner is my dream career and this is what I hope to do for a long time.
Other than financial planning & investment, I love to travel, read, bake and I am an adrenaline enthusiast. I am most looking forward to the day my children join me on my adventures.
