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Older adults with dementia misjudge their financial skills – which may make them more vulnerable to fraud, new research finds

  • Written by Ian McDonough, Associate Professor of Psychology, Binghamton University, State University of New York
Older adults with dementia misjudge their financial skills – which may make them more vulnerable to fraud, new research findsOlder adults generally have a good sense of their own financial abilities – unless they have dementia. shapecharge/E+ via Getty Images

Older adults diagnosed with dementia lose their ability to assess how well they manage their finances, according to a recent study I co-authored in The Gerontologist. In comparison, people of the same age who...

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