Financial decline linked to faster memory aging in older adults

Worse financial well-being in midlife and older age—and especially declines over time—are associated with lower memory scores and faster cognitive decline, reports a new study at Columbia University Mailman School of Public Health. The population experiencing significant financial deterioration showed memory decline equivalent to roughly five additional months of aging per year. The study is among the first to examine the cognitive consequences of poor financial well-being. The findings are published in the American Journal of Epidemiology.