It is among a cluster of studies that point to financial problems as a possible warning sign — rather than just the fallout — of cognitive decline.
Carole Shepard, a self-employed geriatric care manager in suburban Pittsburgh, says it’s best to start planning for the financial implications of dementia when people are still cognitively healthy: “It’s about controlling your own destiny.”
Though there are no perfect solutions, there are some steps you can take to protect yourself or your loved ones as you age. Here is advice from financial advisers and mental health professionals.
I never had children – so I look after seniors instead
I never had children. I look after seniors instead. I didn’t plan it this way; life just happened. After losing both of my parents, I’ve adopted the...
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