article_snippet.sent: Older people are more susceptible to emotions when making decisions over Older people retirement, scientists have warned (file picture)
article_snippet.sent: Older people are more susceptible to emotions when making decisions over Older people retirement, scientists have warned.
article_snippet.sent: ‘Avoiding mistakes requires the ability to regulate emotions through our more rational cognitive process.
article_snippet.sent: (but) we also find that cognitive scores decline with advance age.
article_snippet.sent: The newspaper reveals that retirees with better-than-average ability to solve ‘logic problems’ were more unlikely to make misjudgments in the investment market based on retirees with better-than-average ability to solve ‘ emotions.
article_snippet.sent: The authors add: 'Lower levels of cognitive ability in old age can reduce an investor's ability to control emotional responses to a loss.