Using data from the Rush Memory and Aging Project, these research studies explore the relationships between the aging brain and important outcomes for financial decision making.
NEW: The Relation of Loneliness and Cognition With Financial and Healthcare Decision Making in Older Persons |
 This research found that loneliness was detrimental to decision making among those older adults with low cognition.
|
Does Overconfidence Increase Financial Risk Taking in Older Age? |
 This research provides new and updated evidence that overconfidence in financial knowledge may lead to excessive financial risk taking in older age.
|
Confidence in Financial Literacy and Cognitive Health in Older Persons |
 This study shows that older adults who have higher levels of confidence in their financial knowledge have a lower risk of Alzheimer’s dementia.
|
The Adverse Impacts of Declining Financial Literacy in Old Age |
 The research found that faster declines in financial and health literacy was associated with poorer decision making, higher susceptibility to scams, and lower psychological wellbeing.
|
