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Older adults face many critical decisions regarding financial matters which could have a profound impact upon independence and wellbeing. Poor financial decision making in older age can have far-reaching consequences for family members, caretakers, and communities. Relatedly, scam, fraud, and financial exploitation of older adults is a devastating and widespread societal problem resulting in billions of dollars lost annually.

Recent work has implicated poor financial decision making as a potential early marker of Alzheimer’s Disease and related dementias (AD/ADRD). Understanding impaired financial decision making in older age is therefore an important public health imperative with significant clinical and public policy implications; however, the causal factors, contextual circumstances, and assessment considerations of impaired financial decision making in older age are poorly understood.

This seminar will: (1) provide an overview of research to date on financial decision making in older age, which spans neuropsychological, neuroimaging, behavioral economics, demography,…