Rising health-care costs stall Americans' dreams of buying homes, building families and saving for retirement

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It only takes a single medical issue to drain your bank account and force you to put major life events on hold. How rising health-care costs are stalling Americans' dreams of buying homes, building families and saving for retirement. (via CNBCMakeIt)

Even when the situation is not so dire, these bills can have an impact. Over half, 52% of U.S. adults say health-care expenses have prevented or delayed their day-to-day activities, while about a quarter say medical bills have impacted longer-term goals like retirement, according to a"Health care is ridiculously expensive right now," Jonathan Wiik, principal of health-care strategy at TransUnion Healthcare, tells CNBC Make It.

That's because, in many cases, they have not started to accumulate significant wealth levels that can offset these major expenses, and they may have the added burden of student loan and credit card debt to balance.from the nonprofit, nonpartisan think tank New America predicts that millennials, in particular, will not replicate the financial success of their parents or grandparents.

 

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