Planning for the Financial Impact of Alzheimer’s and Dementia

Though the impact of Alzheimer’s disease on families and friends from a lifestyle and emotional standpoint has been well-documented, little research has been done into the financial impact of caring for some afflicted by the disease. To determine the impact, the Alzheimer’s Association conducted a nationwide survey. The results are discussed in the association’s 2016…

 

The Costs of Dementia

Time.com has put together a three-part series on dealing with the costs of dementia, and the data is staggering. Beyond the personal toll of seeing a loved one succumb to the effects of this disease, the financial impact can be just as devastating. According to the article, over the last five years of life, the average…

 

The Impact of Aging on Cognitive Function

An article by Justin Fox for Bloomberg discusses a 2009 study by David Laibson, Sumit Agarwal, John C. Driscoll and Xavier Gabaox that found that cognitive function peaks at age 53 and starts to decrease rapidly, on average, for people in their 70s. The four economists examined the fees and interest rates paid by thousands of borrowers…