Monthly Archives

February 2021

Feb 25

Dementia May Cause Problems with Money Management Years Before Diagnosis

By Health & Wellness

People with Alzheimer’s disease and related dementias may start having trouble managing their finances several years before their diagnosis, according to new research supported by the National Institute on Aging. Published online in JAMA Internal Medicine, the study is the first large-scale analysis of people’s ability to manage their money before and after a dementia diagnosis.

Common symptoms of dementia, including memory and cognitive limitations, can lead people with dementia to have trouble handling money and paying bills, so repeated financial mistakes can be an early sign of the disease.

To learn more about how dementia may cause problems with money management years before diagnosis, CLICK HERE.

Feb 11

Senior Scams and How to Protect Your Older Loved Ones

By Senior Living

Millions of older adults fall victim to scams each year, losing substantial amounts of money they need for their retirement. In fact, scammers often target seniors in financial scams, because they expect older adults to have significant savings in their bank accounts.

If your senior loved one becomes a victim of fraud, it can leave them in a precarious financial position with little time to recoup crucial funds. This means it’s important to help them identify when a scam has taken place and, if possible, avoid scams before endangering any money. To find out about some of the strongest signs of a senior scam, CLICK HERE.