Tag: cognitive aging
As older Americans approach the end of their lives, many have to make major financial decisions, including estate planning and long-term care arrangements. Unfortunately, with age comes the risk of cognitive decline, which may affect the quality of such decisions as well as making people easier targets for financial scams. One way to help individuals…
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…
