19 Feb '12, 5pm

Do Rich People Live Longer? - Yahoo! Singapore Finance via @YahooSGfinance

Those looking for a magic elixir to keep them healthy and happy need look no further than their bank account . Wealth and, more broadly, socioeconomic status, play a powerful role in determining how long we live. [See 50 Ways to Improve Your Finances in 2012 .] "It's clear that those who have less wealth will have fewer years to live than those with more wealth," says James Smith, senior economist at the research group RAND. The connection is so widely accepted that researchers have given it a name: "the wealth gradient in mortality." What's far more complicated to understand is why the connection exists, and whether wealth causes better health, or vice versa. The longest-running longitudinal study of health, run by George Vaillant, professor of psychiatry at Harvard Medical School, found education to be one of the biggest determinants of longevity, along with behavioral f...

Full article: http://sg.finance.yahoo.com/news/rich-people-live-longer-...

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