Management of Financial Assets by Older Adults With and Without Dementia or Other Cognitive Impairments.

Dementia and other cognitive impairments are prevalent among US older adults.1 Brain changes linked to cognitive impairment can lead to overconfidence, memory problems, and deficits in decision-making.2,3 These changes can have financial consequences, including missed bill payments, risky investment choices, and financial exploitation.3,4 To characterize the population at risk of cognitive impairment–associated asset mismanagement, we assessed the extent to which older US adults with and without cognitive impairment manage their own money, including risky assets (eg, stocks and loans).