Thursday, October 18, 2018

90% Of All Americans Over 60 File For Bankruptcy

ONE IN 10 PEOPLE OVER 60 FILE FOR BANKRUPTCY EVERY YEAR

IS THIS WHAT YOUR RETIREMENT PLAN STATES - BANKRUPTCY EVERY 8 YEARS?

(88) 90% Of All Americans Over 60 File For Bankruptcy - YouTube

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One in ten Americans over 60 are filing for bankruptcy

You can now file for bankruptcy only every 8 years.

What this means is that once you reach 60 you have a 90% chance of filing for bankruptcy.

This means that out of every 100 grand-dads and grand-ma’s 90 are absolutely broke.

A recent survey of adults in America found that about half could not come up with $500 Cash in an emergency.

Almost 100% of this is caused by High Medical Bills.

Is this our legacy - is this your retirement - bankruptcy?

Did you work all your life so you can be bankrupt because of a 2 or 3 day hospital stay?

Ronnie - my 42 hour stay in the Hospital ran over $90,000 - that’s over $2,000 an hour, or about $35 a minute. My 2 trips to the hospital over the last 14 months has run almost $500,000.

Each doctor’s visit is over $300 per visit.

And now we are seeing almost all Americans leaving a legacy of being bankrupt.

The less we stay in the hospital, the less we see the doctor the better off we will be.

What can we do to help ourselves stay away from the doctor???

RONNIE MULLEN, AUTHOR OF 3 BOOKS, RADIO TALK SHOW HOST AND COMPANY OWNER DISCUSSES WHAT WE CAN DO TO AVOID THE HOSPITAL.
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REFERENCES:

Even With Insurance, Americans Can't Afford Their Medical Bills - The Atlantic





More older Americans are filing for bankruptcy during retirement - Business Insider























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