Education While Aging: The Importance of Financial Education at an Old Age

Micher Alexander Gonzalez Monroy (), Diana Karina López Carreño (), Franklin Guillermo Montenegro Marin () and Carlos Enrique Montenegro Marin ()
Additional contact information
Micher Alexander Gonzalez Monroy: Universidad de Cundinamarca
Diana Karina López Carreño: Universidad de Cundinamarca
Franklin Guillermo Montenegro Marin: Universidad Distrital Francisco José de Caldas
Carlos Enrique Montenegro Marin: Universidad de Cundinamarca

A chapter in Demographic Transitions, Health, and Well-Being, 2025, pp 91-106 from Springer

Abstract: Abstract This literature review article makes a reflection regarding the importance of financial education at an old age, money management in this stage of life and what physical and psychological problems this age group has. After this reflection, the following aspects emerged: economical sustainability at an old age, balance between savings and spending level, how seniors invest, the need of financial education, economic forecast for foreseeable health emergencies, retirement planning, financial autonomy, and risk profile. This document explores financial education main principles from a technical point of view of different authors and the way they can be used in real life.

Keywords: Inclusive education; Old-age; Cultural finances; Citizen education; Citizens resources (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-94487-1_8

Ordering information: This item can be ordered from
http://www.springer.com/9783031944871

DOI: 10.1007/978-3-031-94487-1_8

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().