The New York Academy of Medicine, Global Coalition on Aging, AARP New York, and Bank of America Merrill Lynch Release Symposium Insights and Action Items, Launch Financial Wellness Resource Guide
New York (June 15, 2018) – A new released today by The New York Academy of Medicine focuses on financial wellness and aging, including the prevention of financial fraud and abuse targeting older adults. The publication coincides with World Elder Abuse Awareness Day, which aims to provide an opportunity for communities around the world to promote a better understanding of abuse and neglect of older adults.
The report features insights and action items from the January 18, 2018 symposium “Financial Wellness for Longer Lives: New Approaches to Working and Saving,” which was co-hosted by the Academy, the Global Coalition on Aging, AARP New York, and Bank of America Merrill Lynch at the Bank of America Conference Center. The symposium gathered a distinguished group of 200 leaders to discuss the complex issues of financial wellness and new approaches to retirement. With business, government and non-profit voices all included, the discussion made progress toward advancing solutions for the United States’ growing aging population.
“There is a complex, multi-directional relationship between financial, physical and mental health throughout the life course,” said Academy President Judith A. Salerno, MD, MS. “We must work to maximize the social, physical and economic participation of older people to improve their health and well-being and to strengthen communities.