WATCH: Onset Dementia & Money Loss
With Dr. Peter Lichtenberg
Dr. Peter Lichtenberg discusses the fascinating study showing that a 10 percent loss of cognitive ability correlates to a 20 percent loss in net worth. This study focuses on creating a 'risk system' for those who have been diagnosed with a mild cognitive impairment, as it pertains to financial decisions. Dr. Lichtenberg is the director of the Merrill Palmer Institute of Gerontology at Wayne State University, Detroit, MI.