Well-Being and Aging-Related Decline in Financial and Health Literacy in Advanced Age.

ABSTRACT:

Objectives

Emerging evidence suggests that financial and health literacy deteriorates in advanced age. By contrast, well-being promotes health in aging. This study tested the hypothesis that well-being is associated with slower aging-related literacy decline.

Methods

Participants were 1,099 community-based older adults without dementia at baseline. Financial and health literacy was assessed at baseline and annually thereafter via a 32-item measure. Well-being was assessed at baseline via the 18-item version of Ryff's Scales of Psychological Well-Being.

Results

During up to 12 years of annual follow-up, literacy declined about 1 percentage point per year on average (β = -0.91, standard error [SE] = 0.08, p < .001); however, there was considerable variation in change in

SUBMITTER: Stewart CC 

PROVIDER: S-EPMC10461526 | biostudies-literature | 2023 Aug

REPOSITORIES: biostudies-literature