The Daily Pennsylvanian reports that a new study co-authored by Olivia Mitchell finds older adults' financial and health literacy declines by about one percentage point per year, raising concerns about decision-making in later life.
Citation:
"Study Co-Authored by Wharton Professor Finds Financial Literacy in Adults Declines With Age," The Daily Pennsylvanian, J C Serrano, April 14, 2025.