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Section 4
Health Care Costs
Perhaps the most-discussed topic pertaining to retirement is the
cost of healthcare. The impact of rising healthcare expenditures
can be staggering, even disastrous, for the retirement plans
of many retirees. In fact, in polls, worries about healthcare
expenses in retirement routinely top the list of concerns for
those approaching retirement.
Causes of Bankruptcy For Americans
A new study from academic researchers found that 66.5% of all bankruptcies were
tied to medical issues - either because of high costs for care or time out of work.
33.5 Medical Issues
66.5
Other Reasons
Source: CNBC, 2019
Chapter 5: Things That Can Wreck Your Retirement
