Caregivers also reported patient - related
crises during the prior year: 19 percent required an emergency department visit; 8 percent required urgent psychiatric care; 6 percent required police intervention; and 6 percent required contacting a lawyer for various reasons such as bankruptcy, loss of business, loss of home or legal guardianship.
For example, an EBRI study showed that nearly 25 % of 401 (k) participants 56 to 65
years of age had more than 90 % of their account balances in equities just
prior to the 2008 financial
crisis, a period
during which stock prices dropped by nearly 60 %.