AdvertisementIt's a story all too familiar for some older Americans: An unexpected health crisis derails their retirement planning.
With insufficient help from health insurance or Social Security, medical bills eat up any savings or income they have.
Jones, who gets $2,200 a month in Social Security, has had to take on part-time work, which made her ineligible for some federal assistance.
She paid for chemo out of pocket, spending her way through her retirement savings and maxing out her credit cards.
Amend said it's crucial for older Americans to believe everything will be OK, noting "your mindset perpetuates what your outcome will be."
Persons:
—, Kimberly Mullen, Mullen, She's, she'll, Nancy Altman, Saul Martinez, Karen Knudsen, they've, Uber, Wendy Jones, it's, she's, Jones, Teresa Ghilarducci, , Ghilarducci, Rebecca Buffum, Buffum, I'm, Andrew Whitaker, Marion, Robert Papalia, Papalia, Leonard Bianconi, Bianconi, Gallup, Monique Morrissey, haven't, Harris, Morrissey, Frank, Weeks, he's
Organizations:
Service, Business, Social Security, American Cancer Society, Social, Walmart, Medicare, New School for Social Research, Schwartz, for Economic, Kaiser Family Foundation, BI, Institute, Biden, American Heart Association
Locations:
Kentucky, North Carolina