At what age do we stop taking so many risks in life?

Were you thinking 20 or 30-something? Try 50 says Science Daily:

In a paper appearing online ahead of publication in the journal Psychology and Aging, the researchers report that the willingness to enter competition to achieve a bigger payoff continues to rise for all adults — men slightly more than women — until they get into their 50s. The results were drawn from 543 of the adults in the study who were ages 25 to 75. The 281 men and 262 women were relatively well balanced across age brackets of 25-34, 35-44, 45-54, 55-64 and 66-74.

And:

“We expected to find the competitive risk-taking going down,” Harbaugh said. “Seeing it going up to age 50 was surprising.”

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