Texas Tech University

Opinion: Watch out: This is the age where you should definitely stop trading stocks


June 3, 2020

MSN - Study finds the point where our money skills start falling faster than our confidence.

So, at least report finance professors Michael Finke and Sandra Huston of the American College of Financial Services and Texas Tech University respectively.

Combining data from the continuing University of Michigan Health and Retirement Study with survey data from Consumer Finance Monthly, they find that "financial literacy" declines pretty steadily, along with many cognitive skills, from your late 60s onward.

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