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Older Americans Are Putting Off Healthcare Because of Financial Constraints


Healthcare costs have the potential to mount at any time. But it's common for medical expenses to be a particular burden in retirement, since health issues tend to arise with age.

Compounding the problem is that many seniors live on a fixed income that consists largely (or in some cases, solely) of Social Security. So when healthcare costs start to rise, seniors are often forced to make sacrifices. New data, however, reveals that seniors may be sacrificing their own health by putting off medical care because of a lack of funds.

Image source: Getty Images.

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Source Fool.com


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