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Protecting Your Future: How Cognitive Decline Affects Financial Decision-Making
RadioEd co-host Emma Atkinson sits down with medical doctor and finance expert Eric Chess to break down why financial decisions can be an early indicator of cognitive decline.
Podcast •
News •
January 8, 2025
Hosted by Jordyn Reiland and Emma Atkinson, RadioEd is a triweekly podcast created by the DU Newsroom that taps into the University of Denver’s deep pool of bright brains to explore the most exciting new research out of DU. See below for a transcript of this episode.
Show Notes
As we get older, things change. Our priorities shift, viewpoints and opinions evolve, and our bodies—and brains—age.
Many of these changes are good—we can celebrate the process of aging as one that invites wisdom and joy. But there are natural consequences of getting older, and one of those consequences is cognitive decline.
Eric Chess is a former medical doctor who has also earned degrees in law and business. Chess is the director of the Paul Freeman Financial Security Program at DU. He seeks to identify the earliest signs of cognitive impairment—and works to protect the lives and financial assets of older people experiencing cognitive decline.
Dr. Eric Chess is a physician, lawyer and professor with a focus on prevention, comprehensive well-being, financial security and older adults. He has over a decade of
Dr. Eric Chess.
experience in internal medicine practice (board certified), as a hospitalist and as an outpatient physician. He is currently a Clinical Professor at the University of Denver’s Knoebel Institute for Healthy Aging, serving as the founder and director of Aging and Well-being/The Paul Freeman Financial Security Program. Additionally, he serves as an adjunct Professor at the University of Denver’s Sturm College of Law and Daniels College of Business. Dr. Chess has an undergraduate degree in economics and political science, and a graduate law degree with experience as an attorney and economic consultant.
The Knoebel Institute for Healthy Aging creates and implements solutions for aging issues through multidisciplinary research, education and outreach by serving as an information clearinghouse for media on matters related to aging; educating and training a diverse workforce to serve a rapidly aging population; and promoting innovation, research and business development related to aging.
The Paul Freeman Financial Security Program combines the expertise of faculty, researchers and students at the University of Denver. Their interdisciplinary team of researchers in law, finance, psychology, social work, business, neuroscience, and medicine is led by Eric Chess, MD, JD. Goals of impact include four main areas: Research and Development; Outreach and Collaboration; Education; and Policy. Part of the program’s core mission is to address the need for more impactful solutions regarding financial exploitation and fraud of older adults. Target areas currently include developing a financial vulnerability scale, leading a state-wide collaboration, developing a financial-protective team legal instrument, and addressing the significant transfer of wealth affecting older adults and potential future generations and clients.
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