Report: Boomers’ Ability to Make Financial Decisions Often Declines With Age

(Edi­tor’s Note: this time­ly new report illus­trates the need for inno­v­a­tive brain fit­ness inter­ven­tions focused on main­tain­ing if not enhanc­ing tar­get­ed cog­ni­tive func­tion­al­i­ty, such as dri­ving safe­ty or finan­cial deci­­sion-mak­ing, lever­ag­ing life­long neu­ro­plas­tic­i­ty and cog­ni­tive reserve. What the report presents as inex­orable, some­what genet­i­cal­ly pre-pro­­grammed decline, it is not.) BMO Retire­ment Insti­tute Report: Boomers’ Abil­i­ty to…

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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 

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