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A quick change in finances can lead to depression and suicide. Local columnist Rick Kahler takes a look at the topic. Rick Kahler: With financial crisis comes a risk of suicide
Suicidology is the scientific study of suicidal behaviour, the causes of suicidalness and suicide prevention. [1] Every year, about one million people die by suicide, which is a mortality rate of sixteen per 100,000 or one death every forty seconds. [ 2 ]
You can also text HOME to 741-741 for free, 24-hour support from the Crisis Text Line. Outside of the U.S., please visit the International Association for Suicide Prevention for a database of resources. And if you’d like to use the treatment methods described in the piece, check out a nonprofit that Whiteside founded called Now Matters Now.
Consequently, because of financial shock, unemployment directly affects debt management, isolation, and unhealthy coping mechanisms such as depression, suicide, and addiction. [236] In particular, as for the number who reported having attempted suicide, there was an increased suicidality amid economic crisis in Greece, an increase of 36% from ...
Risk of ruin is a concept in gambling, insurance, and finance relating to the likelihood of losing all one's investment capital or extinguishing one's bankroll below the minimum for further play. [1] For instance, if someone bets all their money on a simple coin toss, the risk of ruin is 50%.
Laurence Kotlikoff, author of “Money Magic: An Economist's Secrets to More Money, Less Risk, and a Better Life," shares his advice for retirement planning.
The case study found that from 2004 to 2008, banks focused their efforts heavily on RMBS and CDO securities, complex and high risk financial products that they could bundle and sell to investors who did not necessarily know the composition of the product. Financial institutions issued $2.5 trillion in RMBS and $1.4 trillion in CDO securities.
Yet a quarter of the workers eligible for this free money don’t participate in their employer’s plan. Let me proclaim this no-brainer: ... I think retirement for most people is financial ...