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. 4/30/2014.

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.

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Researcher:

Robert Willis

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