Tag: cognitive aging
The brief’s key findings are: As retirees grow older, many have to make major financial decisions while facing the risk of cognitive decline. One way to guard against missteps is to transfer control to a trusted agent, often a family member. A recent survey of investors ages 55+ found that: most have a dependable agent in mind…
Despite the normal cognitive challenges that people in their 70s and 80s inevitably face, most are sharp enough to be in charge of their financial affairs or oversee them. But the significant minority of seniors who do have trouble is explored in a new summary of the research by Anek Belbase and Geoffrey Sanzenbacher at…
