This has been mentioned in bits and pieces elsewhere, or if I have missed it regrets.
It would be informative to see some input here from those that are in their late 70's-80's as to what they have done to guard against cognitive decline as it relates to financial matters. What do you do when you are not sure you can manage your portfolio with confidence, or don't want to? Please no suggestion of annuities, as they are usually a profit center for others. How to protect against making a large financial blunder when you are old and a easier target to con artists.
I think this will be an increasing problem and many retire with significant 401k/IRA/other self directed accounts.
M
It would be informative to see some input here from those that are in their late 70's-80's as to what they have done to guard against cognitive decline as it relates to financial matters. What do you do when you are not sure you can manage your portfolio with confidence, or don't want to? Please no suggestion of annuities, as they are usually a profit center for others. How to protect against making a large financial blunder when you are old and a easier target to con artists.
I think this will be an increasing problem and many retire with significant 401k/IRA/other self directed accounts.
M