How Dementia Can Threaten Financial Health

KQED's Forum

KQED

Politics, News, News Commentary

4.6 • 656 Ratings

🗓️ 19 July 2023

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

Keeping on top of bills and finances can be a challenge for anyone. But for older adults suffering from Alzheimer’s disease, dementia and other cognitive issues, things can get out of control fast. They may pay the same bills repeatedly, make impulsive purchases, or fall for online scams. And according to recent studies, financial mistakes can actually be an early sign of dementia. In this hour, we’ll talk about the latest research on memory problems and money, and how to protect your finances from cognitive decline. Guests: Duke Han, professor of family medicine, neurology, psychology and gerontology, Keck School of Medicine, USC Marti DeLiema, assistant professor, University of Minnesota, Twin Cities Sarah Boden, health and science reporter, WESA public radio in Pittsburgh Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:52.2	Music very from kQED from kQED in san franciscoe. This is forum.
0:54.0	I'm Mina Kim.
0:55.0	Keeping on top of bills and finances can be a challenge for anyone, but for older adults with
1:01.0	Alzheimer's, dementia, and other cognitive issues, things can get out of control fast.
1:06.0	They may pay the same bills repeatedly, make impulsive purchases, or fall for online scams.
1:12.3	And recent studies find that financial mistakes can actually be an early sign of dementia.
1:18.0	Coming up on Forum, we'll talk about the latest research on cognitive problems and money,
1:22.7	and how to protect your and your loved ones' finances.
1:25.9	That's next after this news. Welcome to Forum. I'm Mina Kim. More than 700,000 Californians have Alzheimer's, the most common form of dementia, and that number is expected to double by 2040.
1:49.7	These conditions can cause major problems with managing money, and a growing number of studies are showing that changes in financial habits, like strange purchases, missed bill payments, bad investments,
2:02.7	maybe an early sign of cognitive decline.
	...

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