Mon, April 6
Jinkook Lee, Wellbeing of the Elderly in East Asia
a PSC In The News reference
"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.