Retirees Need More Just-In-Time Support For Financial Decision Making, Senate Report Asserts---Read my #Forbes article
https://www.forbes.com/sites/tedknutson/2022/01/13/retirees-need-more-just-in-time-support-for-financial-decision-making-senate-report-asserts/?sh=3e309b4087c3
Jason Magness, Fosteringo, Ladders or Lassos, Gold fools Pirate Game Designer, CA Real Estate Salesperson and Mortgage Loan Originator Ca DRE 979357, NMLS 1981513
2yThanks Ted Knutson for sharing this report. Interesting how the report reflects "A lack of knowledge on how to handle personal finances can be a danger to health as well as wealth, Walsh pointed out as older adults who exhibit low levels of financial literacy have an increased risk of Alzheimer’s Disease and cognitive decline." It's a by product of the root factor. Shouldn't we consider this in the reverse order? I expect cognitive decline, onset dementia and early stages of Alzheimer's etc. are identifiable as root causes for decline in financial literacy. The solution I would provide is creating re-education initiatives that reach the population?