A Key to a Lasting Retirement Portfolio

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Aging’s Adverse Impact on Decision Making The aging process can hurt your ability to make proper decisions about your finances. On average, 29.2% of individuals aged 80 to 89 have cognitive impairment. While the aging process affects everyone differently, it is important to protect…

 

The Impact of Aging on Cognitive Function

An article by Justin Fox for Bloomberg¬†discusses a 2009 study by David Laibson, Sumit Agarwal, John C. Driscoll and Xavier Gabaox that found that cognitive function peaks at age 53 and starts to decrease rapidly, on average, for people in their 70s.¬†The four economists examined the fees and interest rates paid by thousands of borrowers…