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The secret of wealthy older adults

Joosuk Sebastian Chae_, a graduate student at the University of Massachusetts, studied older adults in a national health and retirement study and found a link between advanced financial literacy levels and higher levels of wealth communication. “Financial literacy is very important for older adults to keep their assets,ˆ Chae says. ‹I hope the findings motivate people to learn more [about money] and then keep their wealth.ˆ

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