Age-Associated Financial Vulnerability

A new report says doctors and consumers both tend to overlook one of the most common and devastating problems of aging — the decline in patients’ ability to manage their own financial affairs.  Two doctors are hoping to bring more attention to how financial decisions are impacted by an aging brain.

“It is my hope that by coining this term — age-associated financial vulnerability — it will begin to get physicians to think about this in all older people with and without cognitive problems in the same way they have begun to ask about advanced directives and driving safety as people age,” Lachs said by email.

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