One in six Americans over 65 faces cognitive decline, threatening their retirement savings through poor financial decisions and vulnerability to scams, reports the Wall Street Journal (11/4/2024). Untreated hearing loss increases the risk of cognitive decline.
New research shows people experiencing cognitive decline, often unaware of its severity, are vulnerable to bad investments and financial scams with losses often exceeding $50,000 before detection.
Why it matters
With Americans living longer and managing their own retirement accounts, even mild cognitive decline can devastate decades of careful saving. The article reports on the need for awareness and strategies to protect retirement investments, especially for people active in the stock market.
Learn how to safeguard your retirement savings from cognitive decline—before it's too late.
► Read the Wall Street Journal article: "How Undiagnosed Cognitive Decline Eats Into Seniors’ Retirement Savings" →
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