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Why you need an emergency fund so a single hospital visit doesn’t destroy your finances
USA Today

Medical care is a huge burden for folks of all ages, but for older Americans with limited income, it’s often a source of financial upheaval.

In fact, 48 percent of Americans ages 55 and older with less than $60,000 of annual income say that a single emergency room visit ranks first on their list of money-related concerns, according to the NHP Foundation.

Not only that, but older Americans are routinely putting off medical care because of money.