Why Older Minds Make Better Decisions

Forbes:

The decisions we make throughout our lives about money, work, health and relationships have a tremendous influence on how we age. And as the number of older people increases, not only in the United States but around the world, the decisions seniors make and how they make them will have a significant impact on global economies and societies.

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Recent research has already challenged what we thought we knew about the capability of the brain. What has become clear, says Dr. Gregory Samanez-Larkin of Vanderbilt University, one of the network’s co-directors, is that despite a decline in some types of cognitive function, “older people often make better decisions than younger people.”

As we age, we become more selective about what we remember, says Dr. Alan Castel of UCLA, one of the study’s lead researchers. In an earlier study, his team tested older and younger adults’ ability to recall a list of words. The initial findings, as one would expect, showed that younger subjects remembered more of the words. However, when the two groups were provided the same list, but with some words assigned a higher number value than others, older participants were better than younger subjects at remembering the words assigned high scores and ignoring those with low scores.

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