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Mitchell finds children who lose fathers suffer at cellular level

Seefeldt says hard work alone won't allow poor to reach middle-class status in America

Shaefer says proposed plan to cover tax cuts would hurt a lot of struggling Americans

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Neal Krause wins GSA's Robert Kleemeier Award

U-M awarded $58 million to develop ideas for preventing and treating health problems

Bailey, Eisenberg , and Fomby promoted at PSC

Former PSC trainee Eric Chyn wins PAA's Dorothy S. Thomas Award for best paper

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Robert Willis

Willis and Hsu find dementia impacts financial decision making among Americans over 50

a PSC In The News reference, 2014

"A Stunning Study On Dementia, Couples and Money" - Forbes. 04/30/2014.

Bob Willis and Joanne Hsu found that household financial decision-makers who experience dementia often turn over financial management to their partners well after problems in handling money have emerged. In fact, they found that 80% of the money-managing spouses who were approaching or experiencing dementia were still in charge of the couples’ money. And not only can dementia lead to poor financial decision-making, it can also make sufferers susceptible to financial fraud.

Related paper

Researcher:

Robert Willis

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