Saturday, October 6, 2018

Making Your Retirement Affordable with Vaping
While vaping has primarily been adopted by younger generations, it’s actually older, long-time smokers who stand to benefit most by switching to vaping. The costs of smoking tend to grow as smokers age, and as the adverse health effects manifest more strongly. 

More importantly, older smokers are often those who have tried and failed to quit multiple times in the past, and who are unlikely to quit in order to reduce health risks and healthcare costs.

Reducing healthcare costs

Since vaping is still relatively new, and involves the consumption of nicotine, it’s still classified as tobacco usage as far as health insurers are concerned. Some insurers, however, have indicated that vaping may be reclassified in the coming years. 

Despite this, older smokers stand to save thousands of dollars per year simply by limiting their risks of developing expensive health problems, and potentially reversing existing ones. This is because vaping effectively eliminates most of the ongoing health risks associated with smoking. 

While the exact health effects can’t be fully understood in the decade that vaping has been studied, it has been established to result in health outcomes that are 90% better than those of active smokers within that time frame.

Cutting down on expensive medications

Cigarette smoke weakens the immune system, reduces blood oxygen levels, causes erectile dysfunction, and raises the risk of diabetes. All of these require expensive medications to manage that people planning for retirement often don’t anticipate or budget for. 

For an unprepared retiree, this medical bill alone can turn what should have been a comfortable retirement into a difficult experience. Fortunately, all of these are issues that are not associated with vaping, and that quitting smoking can alleviate in a matter of months.

Preventing expensive treatment costs

Beyond the chronic and relatively minor costs of smoking lurk truly major medical expenses. Heart attack, stroke, and cancer result in expensive treatments, rehabilitation costs, and potentially a drastically reduced quality of life. Fortunately, it’s not a future that smokers need to resign themselves to. 

Within 1 year of switching, a former smoker’s risk of developing coronary heart disease drops by 59%. After 10 years, the risk of developing lung cancer is cut in half compared to continuing smokers, and the risk of stroke is reduced to that of a non-smoker.

Direct savings

While the most significant savings are to be found in preventing and reversing smoking-related health problems, vaping also offers significant direct savings. Compared to a typical pack-a-day smoker in the United States, a typical vaper with the same level of nicotine usage will save approximately $1000 dollars per year. That’s because vaping devices are reusable, and e liquids are comparatively affordable.

Simply by switching to vaping, a current smoker can improve their health and directly reduce their healthcare costs by several thousand dollars per year. When the long term preventive benefits are factored in as well, those savings often jump to over $10,000 per year. For many retirees, that comes to nearly as much as their social security check.

Ashley Wilson is a former smoker and vaper who writes about the topic on a daily basis for the vape shop at which she now works. Check out the website to learn more, and to start your journey after cigarettes.

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