Consumers at High Risk for Dementia Put More Wealth in CDs: Researchers
February 26, 2019 by Allison Bell and Ginger Szala
People who know they are growing more forgetful may have a tendency to simplify their investments — or their children may make them do so.
Three economists — Su H. Shin, Dean R. Lillard and Jay Bhattacharya — reported that conclusion in a new study distributed by the National Bureau of Economic Research.
Shin and the other economists wrote the paper, Understanding the Correlation Between Alzheimer’s Disease Polygenic Risk, Wealth, and the Composition of Wealth Holdings, to look at the relationship between people’s risk for developing dementia and their retirement savings.
The economists conducted the study by using data collected from 1992 through 2014 by the Health and Retirement Study (HRS) program.
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