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Fin Planning Jan 2015 - "Back-up Plan in Case of Dementia"

Fin Planning Jan 2015 - "Back-up Plan in Case of Dementia"

Excerpt

Back-up Plan in Case of Dementia

 

Whether suffering from outright dementia, Alzheimer’s or even just more frequent “senior moments,” by about age 70 the human brain experiences a decline in fluid intelligence – which is the ability to solve problems. By age 80, age-related cognitive decline is recognized as a greater handicap in economic reasoning than even low income or low education. It’s simply a function of the aging process – regardless of a person’s socioeconomic background.

        

 

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