LOST SAVINGS COST YEARS

People who lose their life savings in middle age or older are 50% more likely to die in the next 20 years than those who don’t suffer a financial hit. US research has found that the death rate for those who lost at least threequarters of their nest egg is almost as high as it is for those who had never had money in the first place. The researchers say that may be because financial loss causes mental health problems and also means less money is available for healthcare.