More Than 10% of People With Dementia Don't Get Financial Help

More Than 10% of People With Dementia Don't Get Financial Help

More than 10 percent of older people with dementia do not get help with their finances and it’s possible that number could rise in the future since Baby Boomers have less children, according to a Center for Retirement Research at Boston College study. Although that means the majority of those with dementia do receive help with their finances, about 80 percent of those with dementia are incapable of managing their money, so that percentage is still worrisome.

As for the breakdown, this chart shows that family members provide most of the help, with spouses and daughters playing a larger role than sons.

More than Half of Advisors Considered Switching Firms in the Past 5 Years

More than Half of Advisors Considered Switching Firms in the Past 5 Years

Most Gen Xers Aren't Ready for Retirement

Most Gen Xers Aren't Ready for Retirement

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