The Direct Link Between Your Health & Wealth

Danielle Gates, CFP®, Financial Advisor

The Direct Link Between Your Health & WealthUnfortunately, many people are unaware of the direct correlation between wealth and health. In recent years, there have been several epidemiological and sociological studies on the socioeconomic status of individuals and their overall health. Health inequalities between the upper, middle and lower class occur in countries with Universal Health Coverage, so we cannot entirely blame it on our access to healthcare.

It seems somewhat derogatory to say that people with money have fewer health problems, as we know this is not always the case, but there are new findings that are substantiating this is true most of the time. Although it’s not clear-cut and there are some flaws in these studies, many researchers agree that a psychosomatic cause and effect has a great deal to do with the outcome of this messaging.

According to Dictionary.com, the precise definition of psychosomatic is (of a physical illness or other condition) caused or aggravated by a mental factor such as internal conflict or stress. It’s all in the mind, stress-related, stress-induced, subconscious, relating to the interaction of mind and body.

People who are stressed over money, the loss of income, unemployment, or other financial stressors, often are physically affected and are more susceptible to infectious disease and are vulnerable to succumbing to numerous illnesses and disorders.

In light of these findings, discovering ways to change our economic status to help improve our health are of key importance for our aging population and those that want to prevent psychosomatic and stress-induced disease.

D. Gates Wealth Management has been helping individuals and families for over 18 years in the Collier and Lee County. Their expertise and compassion are what sets them apart.

D. Gates Wealth Management is an independent, privately held firm that helps individuals, business owners, professionals and their families build wealth and create financial legacies through financial planning, investment management, and insurance planning services.

Firm owner Danielle Gates has combined the ability of independent financial and insurance advisors to offer a broad range of products from a wide variety of major companies with a vast infrastructure and management expertise. D. Gates Wealth Management offers hundreds of different products from dozens of well-known companies.

D Gates Wealth Management’s Areas of Focus
• Financial Planning
• Wealth Management Services
• Comprehensive Retirement Funding & Income Strategies
• Business Succession Planning
• Mortgage Protection(through life insurance and disability income insurance)
• Health Insurance and Health Savings Accounts
• Estate Planning Strategies
• Education Funding Strategies
• Group Benefits Plans for Business Owners
• Charitable Giving Strategies
• Pension Transfer, Rollovers, & Distributions
• Pensions Payout Alternatives
• Mutual Funds and Exchange Traded Funds
• Stocks, Bonds, Structured products, REITs, BDCs

D Gates Wealth Management’s Commitment
Life is a risky business. D. Gates Wealth Management is dedicated to developing lasting relationships with all their clients. They believe in helping you assess your financial goals and partner with you in the management of your finances.

One of the benefits of working with D. Gates Wealth Management is their keen ability to provide clear, easily understood explanations of financial products and services. The personalized program that they offer is a roadmap to working toward a more secure financial future.

They’re looking forward to helping you pursue your goals! Please contact them at (239) 424-8305, or visit dgateswealthmanagement.com.

Securities, Insurance and Investment Advisory Services offered through FSC Securities Corporation, member FINRA/SIPC and a registered investment adviser. Additional Insurance Services offered by Danielle Gates as a licensed agent independently of FSC Securities Corporation. D. Gates Wealth Management is not affiliated with FSC Securities Corporation or registered as a broker/dealer or investment adviser.

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Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2017.