I'd start by looking at the standard components of cognition. Start with the sub-metrics in the Wechsler IQ test. See what specific mental skills you might want to maintain or improve.
https://en.wikipedia.org/wiki/Wechsler_Adult_Intelligence_Sc...
Then design your own tests to assess each skill and your own mental exercises to see if you can strengthen your mental muscles. Positive feedback is your best guide, IMHO.
1) find foreign things to do to stimulate your brain in non known ways
2) possibly pleasurable/happy things (shared games/challenges with people you like or care about)
3) do them slowly~ enough to be aware of when you're reaching your limits and then keep at that level to not overload your system.
After I partially lost control of my left hand fingers, I could clearly sense when a movement was triggering jitter or finger locks. If I tried playing around that movement again, I could feel my brain clogging just a little, it's was almost a mind tickle. I have zero proof that it made things better, beside a belief in that challenging your brain/muscle system is how we learned skills when we were born. I think newborn have the structure to get a lot of reward out of sensing their body or the world. So I just try to re-apply that strategy.
Baby boomers are deadset on this idea that cardio is the only kind of exercise that one should be doing.
Free weights were considered "dangerous" for a long time. Frankly, most people who lifted back then were suspected of being homosexual.
If you take boomers as being born between 1946 and 1964, then the leading edge of the boomers were turning 30 about the time both Fixx's book and "Pumping Iron" hit the popular conscious. There is a lot more money in selling shoes to people than gym memberships, so saturation advertising is part of the 'why' as well.
Possibly, but we are, after-all, of a different era, when running (Jim Fixx) and aerobics were 'sold' as the right stuff.
(I'm a trailing edge boomer, and I lift.)
If you're thinking in terms of "holy grail," you may be subjecting yourself to an "all or nothing" fallacy.
Generally, we're discovering how to lead our bodies through the healthy operating conditions which kept our ancestors alive as we navigate a modern world of high-tech capabilities, treatments and availability crossed with widespread lack of discipline and healthy habits.
"enough sleep, cardio and some resistance exercise"
http://social-quotient.info/sq.4mg.com/brainpower.gif
Much less clear on how accomplish that.
Edit: To elaborate, I know exactly what I need to do to stay physically fit into old age and how to monitor my physical fitness - I know immediately when I get winded more from my regular run, my lift numbers drop, or I can't reach my toes.
The scary part is if I stop working out for more than 2 weeks, I see dramatic and rapid declines.
So how do I monitor my mental health? Is it possible to keep improving it? Do I do dual-n-back (studies inconclusive), do I learn a languge/to play piano, do I memorize 5 words a day?