People who suddenly lose most of their wealth die significantly younger than those who hang on to their assets, according to a large US study relating health to financial changes during middle and old age.
Researchers at Northwestern University and the University of Michigan reported in the Journal of the American Medical Association that people who lose three-quarters or more of their total wealth within a two-year period are 50 per cent more likely to die in the next 20 years.
This rise in mortality risk “is similar to the increase associated with a new diagnosis of coronary heart disease”, said Alan Garber, professor of health policy at Harvard University.
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