The WALLET Study: Examining Early Memory Loss and Personal Finance.

ABSTRACT:

Background and objectives

This feasibility study tests a new approach for assessing personal finance in older persons with early memory loss. The project examines 2 primary outcomes that gauge the financial viability and well-being of older adults: wealth loss and financial exploitation. The overall objective is to determine the association of financial literacy and management, financial decision-making, and cognition with wealth loss and financial exploitation.

Research design and methods

This cross-sectional study recruited 46 participants who were 60 years of age or older. Participants were classified as having mild cognitive impairment, perceived cognitive impairment, or no cognitive impairment. The study coordinator arranged with each participant to obtain copies of the

SUBMITTER: Lichtenberg PA 

PROVIDER: S-EPMC9250658 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature