Cognitive Decline a Concern for Future Financial Well-Being

Unfortunately, many of us will experience cognitive decline as we age. It’s not fun to think about, but it is necessary to prepare for. Many people think of exorbitant financial bills coming from a physical ailment during retirement. They’re experiencing more aches and pains than usual, and the tole that a lifetime takes on our bodies often shows up in unfortunate medical problems. However, few people realize that a diminished mental capacity can be more financially worrisome than a physical health problem in your golden years.

In Tim’s most recent article for the Columbia Daily Tribune, he goes over how you can start thinking about potential cognitive decline while you create a financial plan for retirement.

As a financial planner specializing in comprehensive financial planning, Tim enjoys helping clients in Columbia, MO with managing their taxes, financial risks and other financial issues.

If you would like to learn more about this and other personal financial planning topics serviced by Clarity Financial please contact us at 573-447-7007. Clarity Financial, LLC is a fee-only financial advisory firm in Columbia, MO. Appointments are welcome and initial consultations are free. 

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This article is the property of Clarity Financial LLC.