Exploring Gender Inequality in Aging Couples’ Financial Management
Among couples, gender inequality in financial decision-making remains prevalent, with men traditionally having more control over household finances. This issue is further complicated as couples age. Old age is associated with cognitive difficulties, resulting in a reduced capacity to make financial decisions. Professor Anup Basu at Queensland University of Technology studies the intersection of age, financial decision-making and gender. In a recent study, Professor Basu and colleagues examined how older married individuals delegate financial decision-making tasks to their spouses.
