Cognition and Financial Decision-Making in Older Adult Spouses.

ABSTRACT:

Introduction

Age-related decline in executive functioning has been found to negatively impact one's capacity to make prudent financial decisions. The broader literature also speaks to the importance of considering interrelatedness in older spouses' functioning, as these individuals typically represent one's longest and closest relationship that involves an extended history of shared experiences. Accordingly, the aim of the present study was to provide the first examination of whether older adults' financial decision-making capacity is impacted not only by their own but also by their partner's, level of cognitive functioning.

Method

Sixty-three heterosexual spousal dyads comprising older adults aged 60-88 participated. The contribution of executive functioning and perceptions

SUBMITTER: Coundouris SP 

PROVIDER: S-EPMC10614223 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature