Most people point at the stock market like it’s some looming predator, but that’s not where the real damage tends to happen. Health-Related Expenses and Medical DebtA serious illness can gut your finances faster than any bear market. Without solid emergency savings or disability coverage, even a comfortable household can get wiped out by a single health crisis. Employer-sponsored health coverage vanishes, replaced by expensive individual plans. Meanwhile, the risks doing the most actual damage — health crises, job loss, coverage gaps, predatory debt, thin savings — mostly go unexamined until they hit.