This book investigates the intersection of cognitive decline, financial decision-making, and retirement security within the context of an aging global population. The authors, Olivia S. Mitchell, P. Brett Hammond, and Stephen P. Utkus, leverage their expertise in pension research and behavioral economics to synthesize current data on how aging affects financial literacy and management. They present a framework for identifying when individuals require intervention and propose policy-oriented solutions to mitigate the risks associated with financial vulnerability in later life.

Experts recognize this volume as a foundational text for professionals in pension management and public policy. Readers frequently note the academic density of the prose, which serves as a rigorous resource for researchers and financial institutions.