Individuals having more wealth have a positive impact on their health, because the affluent class has more work autonomy, better living environment, better nutrition intake, and better health care services and many more. Many studies have also confirmed that wealth is related to health. People with more wealth tend to have better health. In the United States, the life expectancy of the richest 1% is 10-15 years longer than that of the poorest 1%. However, studies have found that the increase or decrease of wealth affects middle-aged health as much as total wealth.
wealth decreased by 20%, increase in cardiovascular disease 15%
recently published in A study in JAMA found that middle-aged people’s wealth decreased by 20% and the risk of cardiovascular disease increased by 15%.
Researchers investigated the wealth and health status of 5579 adults aged 50 and above without cardiovascular disease, and observed the impact of wealth changes on cardiovascular disease. Wealth includes housing and non-housing. Non-housing includes vehicles, businesses, stocks, mutual funds, checking and savings accounts, etc. The collection of health data is mainly through interviews,At the same time, the national death data was consulted for more information. Researchers define at least a 1/5 increase in wealth as an increase in wealth, and a decrease of 1/5 as a decrease in wealth.
Results: During an average follow-up of 16.9 years, 24.0% of the participants (1336 cases) experienced the primary endpoint of non-fatal cardiovascular events or cardiovascular death. The study again found that compared with the overall population, having more wealth (top 20%) is associated with lower cardiovascular risk (HR=0.89, 95%CI: 0.84~0.95, P = .001).
The researchers also found that the risk of cardiovascular events for people with decreased wealth was 15% higher than that of people with stable wealth (HR=1.15, 95% CI: 1.00~1.32, _span _span _span _span_40 =0.046). The risk of cardiovascular events for wealthy increasers is 16% lower than that for wealthy stablers (HR=0.84, 95%CI: 0.73~0.97, P = 0.02) (see the figure below).
The study once again found that people with more wealth have a lower risk of cardiovascular events.For the first time, it is found that a decline in wealth increases the risk of cardiovascular events in middle-aged and elderly people, and an increase in wealth can reduce the risk of cardiovascular events in middle-aged and elderly people. In fact, the impact of wealth changes on the health of middle-aged and elderly people may not be limited to the risk of cardiovascular disease. The severe decline in wealth is related to the sudden increase in the risk of death of middle-aged and elderly people.
Wealth decreased by more than 75% and mortality increased by 50%
The results were also published in JAMA magazine.
The study enrolled 8,714 participants, and the average age at the start of the study was 55 years. The negative wealth impact defined by the study is more intense: experience a loss of 75% or more of the total net value of wealth for more than 2 years, or fall into a state of zero or even negative equity.
After nearly 20 years of follow-up, 2,430 people experienced negative wealth shocks during the follow-up period, 749 people were asset poverty at baseline, and 5535 people did not experience negative wealth shocks.A total of 2,823 people died.
The death rate of people who experienced a negative wealth shock at the end of the follow-up was 50% higher than that of those without a negative financial shock (death rate: 64.9 per thousand person-year vs. 30.6 per thousand person-year, HR= 1.50, 95%CI: 1.36~1.67). The mortality rate of the baseline asset-poor population is as high as 73.4 per thousand person-years, which is 67% higher than that without a negative wealth shock (HR=1.67, 95%CI: 1.44~1.94) (see the figure below).
ign The mortality rate is 67% higher than that of financially stable people.
How does shrinking wealth affect the health of middle-aged and elderly people
The way of being forced to change is related.
The first is the impact on mood. Loss of wealth makes people depressed and anxious, and social isolation increases, accompanied by sleep disturbances and increased blood pressure.These are all risk factors for cardiovascular disease. In severe cases, depression, suicide, drug abuse, alcohol, tobacco and even drugs may even occur.
Secondly, as the economic situation deteriorates, people's spending on healthy foods has been compressed, and at the same time, the costs that can be used in health care have also been cut.
Finally, in the face of economic distress, many existing lifestyles were forced to change. For example, a lot of leisure time originally used for exercise is forced to shift to work to cope with the pressure of life. And exercise is an effective way to reduce cardiovascular, diabetes , obesity and other metabolic diseases .
Concluding remarks
when they have more stress in their lives when they are young, and at the same time they have more stress in their lives than when they are young. The time to create new wealth is also shorter. Together, these two studies uncovered a cruel fact: more wealth is related to health, and the wealth of middle-aged and elderly people decreases, and it is not only the wallet that shrinks, but also the heart and life expectancy. Therefore, for middle-aged and elderly people, for health and longevity, first you must get rich; then, no matter how rich you are, you must be cautious in investing and don't suddenly become poor...
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