AMERICAN BORROWERS

November 16, 2016

The average American borrower reaches the apex of his/her decision-making abilities with regard to fees and interest costs at age 53, i.e., the experience and knowledge acquired during your 30s and 40s is maximized at age 53 but then declines thereafter as cognitive abilities diminish in older Americans (source: Sumit Agarwal, Federal Reserve Bank of Chicago). 

Nova Wealth Management located in the Naples / Bonita Springs

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