Some individuals are focusing on retirement savings and neglecting health.

Getting prepared for retirement can be difficult, as it typically requires a strong budgeting plan and a long term financial strategy. However, many baby boomers may be on top of this, while neglecting other issues in their life.

Nearly half of baby boomers explained they are more worried about their finances than their own health, a report created by Kellogg’s for Prevention Magazine explained. This is an issue, as more than four-fifths of consumers feel that living healthy – especially when it comes to eating – is a priority.

Another important aspect is that nearly 90 percent of baby boomers are aware of what their checking account looks like, while more than four-fifths are on top of their credit card balance, the report explained. Knowing these can be a great way to help budget, but not keeping up with health can lead to problems later on.

“It can be difficult to stay on a healthy lifestyle track in any stage of life, but it gets increasingly harder as we get older,” said Cheryl Forberg, author and health advisor. “The survey found incredible statistics on how the boomer generation wants to be healthy but doesn’t know how to achieve that.”

While many baby boomers may have financial worries on their mind, a lack of care for their own health could cause further problems once actually retired. Many young people may benefit from creating a comprehensive financial strategy early on, so that they can focus more on health when they do get closer to retirement age.

Saving for retirement is a struggle for some
Whether a person starts saving early for retirement, or they wait until a little later, many could be exposing themselves to problems by falling too far behind.

Approximately 55 percent of Americans have not changed their financial contributions to their retirement plan in the past year, according to a report from Bankrate.com. Only 18 percent noted they are making an effort to save more than last year, while close to the same amount said they are not saving as much as they did in the past.

“This is troubling considering the availability of catch-up contributions for those 50 and up, as well as the higher 2013 contribution limits for all eligible IRA and 401(k) contributors,” said Greg McBride, senior financial analyst for Bankrate.com.

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