Cognitive Fitness for Financial Decision-Making

Issues with aging can be cost­ly for retirees’ mon­ey (Asso­ci­at­ed Press).

Quotes:
— “With age comes wis­dom about mon­ey — up to a point.”

- “Years of han­dling your own finances and invest­ments sharp­en the abil­i­ty to make sound deci­sions. But fail­ing to pre­pare for the day when grow­ing old­er ham­pers your judg­ment can be cost­ly at an age when more is at stake. Seniors old­er than 65 hold about $18 tril­lion in assets, accord­ing to gov­ern­ment data, or about a third of all U.S. net worth.”

- “Some­times the senior’s worst ene­my is him­self or her­self,” says Andrew Stolt­mann, a Chica­go attor­ney and invest­ment advis­er. “Poor finan­cial deci­sions and cog­ni­tive impair­ment go hand in hand.”

To learn more: click on full arti­cle.

About SharpBrains

SHARPBRAINS is an independent think-tank and consulting firm providing services at the frontier of applied neuroscience, health, leadership and innovation.
SHARPBRAINS es un think-tank y consultoría independiente proporcionando servicios para la neurociencia aplicada, salud, liderazgo e innovación.

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