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The Interplay of Aging, Cognition, and Financial Well-being: Implications for Couples
The intersection of aging, cognitive function, and financial stability has garnered increased attention among economists and public health researchers in recent years. The ever-increasing human lifespan has led to a growing population facing cognitive decline in their later years. This demographic shift presents a unique challenge, as older adults are often tasked with making crucial financial decisions, such as retirement planning, managing superannuation, and navigating investments, while potentially grappling with cognitive impairment.
These financial choices have far-reaching consequences, particularly considering the extended lifespan of individuals today. Moreover, the influence on one’s partner in these decisions adds an additional layer of complexity to the equation.
To explore the intricate dynamics at play, researchers from the Queensland University of Technology initiated a study aimed at investigating how cognitive decline in one partner might impact the financial situation of the other.
The result of a study
Financial management within the partnership
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