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Adult Children Should be Alert for Potential Decline in Parents’ Money Management Abilities


Photo credit Josh Appel

Dear Readers: Whether regarding scams, elder abuse, or dementia, older adults’ money management has been a hot media topic lately. Since I hear from readers about this, as well, I thought it may be helpful to provide some resources for adult children to consider. Read on:

While many people well into their 80s and beyond are capable of handling their own money, most make plans for a time when that could change. Financial management skills are likely to decline, though with significant variances between people. These factors alone don’t signal dementia...

Continue reading on Inforum for tips and information about when to step in and help parents with money management:

Minding Our Elders: Caregivers Share Their Personal Stories. “I hold onto your book as a life preserver and am reading it slowly on purpose...I don't want it to end.” ...Craig William Dayton, Film Composer

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