Comment on Your Rich Grandparents May Have Fewer Financial Smarts Than A High School Dropout

Your Rich Grandparents May Have Fewer Financial Smarts Than A High School Dropout

It's hardly surprising that mental ability, including financial know-how, declines with age. Yet a new study finds that accredited investors in their 80s are not only likelier to be less financially literate then their counterparts just a few years younger, but even of high school dropouts. In other words, once well-to-do investors get into their twilight years, [...]

 

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