Home > Research . Search . Country . Browse . Small Grants

PSC In The News

RSS Feed icon

Savolainen links antisocial behavior in childhood to disadvantage and poverty in adulthood

Norton et al. put dollar value on relief from chronic pain for Americans age 50+

Seefeldt says TANF restrictions may limit program's help for poor Americans

More News

Highlights

Paula Fomby to succeed Jennifer Barber as Associate Director of PSC

PSC community celebrates Violet Elder's retirement from PSC

Neal Krause wins GSA's Robert Kleemeier Award

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

More Highlights

Robert Willis photo

Implications of Alzheimer's Disease Risk for Household Financial Decision Making

a PSC Research Project [ARCHIVE DISPLAY]

Investigator:   Robert Willis

Managing wealth is a complex task facing older Americans. This task has become more complex as predictable streams of retirement income from defined benefit pensions have been replaced by 401(k) plans that need to be managed both before and after retirement. Many couples have a division of labor that results in each member specializing in particular tasks. For instance, one member (often the wife) may be primarily responsible for health care for the family, while the other (frequently the husband) may be responsible for household finances. A division of labor may be efficient, but only if the union is intact and if both members continue to hold the mental and physical abilities required by their responsibilities. What happens if one member of the couple begins to lose those skills due to a dementing disease such as Alzheimer?s?

Funding Period: 01/28/2010 to 01/31/2011

This PSC Archive record is displayed for historical reference.

Search . Browse