May 16, 2018

Is it worse to suddenly lose your financial nest egg or never to have saved any money at all? A recently released medical study, taken over twenty years and published in the Wall Street Journal says, that either way, there’s no happy answer. Both scenarios can increase a person’s risk of dying within the next 20 years by more than 50%! After the crash in 2008, there were notable spikes in clinical depression, substance abuse and suicides says the  Journal. The study was also published in the Journal of the American Medical Association, showing how losing one’s life savings in the short term might curtail one’s lifespan in the long term. Today , we'll explore what scientists say could be the solutions to living happier and longer in retirement, and why women are particularly at risk! First the problems, then the solutions!!  MASTERING MONEY is on the air!!