First, find your Base Metabolic Rate (BMR) using the Fitday tools. From there you can find how many calories you can eat to attain your daily calorie deficit. Your caloric deficit determines the rate you lose weight. Generally 1 to 2 pounds lost per week is considered a healthy rate. To do that you will need to have a average daily deficit of 500 to 1000 calories a day. So BMR plus Exercise minus Calories Eaten equals Daily Caloric Deficit (BMR + Ex - Cal = Deficit). If you set up a weight loss goal using Fitday the tools will help you with these.
Keep exercising. If you have access to weights and are not limited by a health issue I encourage you to start lifting. Use weights that will only allow 4-5 repetitions before you can't complete the lift again. This will help to build dense muscle that will increase your metabolism and help you lose fat and not muscle. Check out Bodybuilding.com if you would like more information about exercise.
Eat clean. Lots of vegetables and protein (.5g to 1.0g of protein per pound of lean body weight, using the stats you provided I would guess between 50 to 120g per day). Healthy fats like olive oil, and those in nuts are essential. Fat is needed for nutrient transfer and nueral transmission. Try to have at least 10-20% or your calorie intake from fat. Limit simple carbs (sugar, white flour) and processed foods.
Good luck and welcome to Fitday.
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Ron
Male, Age 53 Height 5'-11"
Start, Spring 2009....,.. 270.0 lbs
January 21, 2010. ....,...255.0 lbs (Joined Fitday)
September 10, 2010..,..223.8 lbs. (-46.2lbs)
Mini-Goal......................225 Achieved 9/21/2012
Mini-Goal......................220 Achieved 10/26/2012
Current......................... 216.2 lbs. (-53.8 lbs)
Mini-Goal....................... 215
Goal.............................. 200
My log: http://www.fitday.com/fitness/Public...Owner=rpmcduff
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