Health Problems and Job Layoffs Crack Retirement Nest Eggs
Contributing Organization(s): Urban Institute
Author(s)/Creator(s): Richard W. Johnson; Gordon Mermin; Cori E. Uccello
Publishing Date: 2006-01-26
Issue Areas: Employment and Labor; Aging; Health and Medicine
Ownership/Rights Info: Please consult the copyright holder before using or repurposing this information.
File info: 2 pages; 43.97 KB file size
As people prepare for retirement, even the best-laid plans can go awry. Health fails. Spouses or other family members become ill. Marriages end in widowhood or divorce. Investments sour. People lose their jobs. Health, employment, and marital shocks can have serious financial consequences -- out-of-pocket health bills, reduced earnings, disrupted retirement saving -- forcing people as young as 50 or 60 to dip into their nest eggs.
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Intended Audience: Advocates; General Public; Policy Professionals
Type/Format: Policy Brief
Language code: English
Type/Format: Policy Brief
Language code: English
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