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Dementia Harms Household Finances Years before Clinical Recognition

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Abstract

Alzheimer's Disease and Related Dementias (ADRD) are medical conditions characterized by deteriorating cognitive functions that are estimated to impact nearly 12 million older Americans by 2050. ADRD impedes independence in daily activities through symptoms including difficulties with memory and attention span, impaired judgement, and changing risk preferences. There are currently no effective medical treatments to delay or reverse symptoms of ADRD.

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  • Joanne W. Hsu & Lauren Hersch Nicholas, 2020. "Dementia Harms Household Finances Years before Clinical Recognition," FEDS Notes 2020-12-03-2, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2020-12-03-2
    DOI: 10.17016/2380-7172.2825
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