Investing Blog Roundup: Preparing for the Possibility of Cognitive Decline

One concern I know many readers here share is the possibility of diminished cognitive ability as they age. Many of you who are already retired have mentioned to me that you have opted to simplify your portfolios (in some cases switching to an all-in-one fund). And some of you have mentioned such concerns as one of the reasons you chose to delay Social Security and/or purchase an annuity.

This week we have an article from CPA/CFP Jeffrey Levine, walking you through the basic options for different types of accounts/documents that can allow your family members to help manage your finances, in the event that you do end up needing such help.

• Options For Allowing Family Members To Help Manage Accounts In The Event Of Diminished (or In)Capacity from Jeffrey Levine

Other Recommended Reading

• How “Resulting” Impacts Your Personal Finances from Ryan Frailich
• Cut Stocks or Add to Them? A Key Dilemma for Your Retirement Plan from Christine Benz
• Going Back to Work from Chris Mamula
• The Best Inflation Protection You’ve Never Heard Of from Dirk Cotton
• Which Is Better: Bond Funds or CDs? from Larry Swedroe
• The Problem With FIREing At 4% And The Need For Flexible Spending Rules from Michael Kitces

Thanks for reading!