Sudden loss of wealth increases chances of death- Study

Watch your health and you watch your wealth

According to Time, the study was published Tuesday in the journal JAMA, and researchers examined how losing financial stability impacts a person’s health over time.

The study looked at more than 8,700 people, ages 51-61, who were participating in a national study.

The researchers looked at how experiencing a “negative wealth shock”—defined as losing 75% or more of their total asset value, including things like a pension, home or business, over two years—affected a person’s mortality over a twenty year period.

Results showed that  25% of people experienced a negative wealth shock; those men and women were at a much higher risk for death from all causes.

The researchers also found that when they looked at a group of low-income adults, their risk of death over 20 years was 67%.

The study did not look at how the loss of wealth directly impacted people’s health. However, “the hypothesis is that wealth shock is a stressful event, and chronic stress over the long-term can affect pretty much every organ system.

The findings have serious implications for people who may undergo a financial crisis, and the research underscores the link between health and financial instability.

Source:TIME

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

7 deadliest water bodies on Earth

7 deadliest water bodies on Earth

Larry Madowo finally celebrates graduation after 2-year delay

Larry Madowo finally celebrates graduation after 2-year delay

Rihanna welcomes baby boy with partner A$AP Rocky

Rihanna welcomes baby boy with partner A$AP Rocky

7 best foods to eat for more breast milk

7 best foods to eat for more breast milk

5 money talks to have with your partner before your wedding day

5 money talks to have with your partner before your wedding day

5 best day tours in Gauteng

5 best day tours in Gauteng

Matubia reveals she cried every morning after discovering she was pregnant

Matubia reveals she cried every morning after discovering she was pregnant

16-year-old pilot lands in Kenya  as part of his record breaking mission [Photo]

16-year-old pilot lands in Kenya as part of his record breaking mission [Photo]

Nick Cannon says he is considering vasectomy

Nick Cannon says he is considering vasectomy