Local support group member Ellen shared this Morningstar article with me at Sunday’s caregiver support group meeting. The article doesn’t contain investment advice, but rather contains info on “key actions to consider that can help protect you or an aging parent from the financial pitfalls associated with cognitive decline.”
The sections on “Documenting Decline” and “A Sensitive — and Critical — Issue” discuss the issue of cognitive decline and poor financial decision-making.
After digging around, I found parts of the article on two different websites:
cawidgets.morningstar.ca/ArticleTemplate/ArticleGL.aspx?id=387767
louroy.blogspot.com/2011/07/eight-steps-to-wealth-protection-for.html
The Smart Investor
Eight steps to wealth protection for aging investors
By Mark Miller
07-21-11
Happy reading,
Robin