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4 J. Retirement Plan. 30 (2001)
The Other Side of the Retirement Years: Cognitive Decline, Dementia, and Loss of Financial Capacity

handle is hein.journals/jrlrp4 and id is 30 raw text is: The Other Side of the Retirement Years: Cognitive Decline, Dementia, and Loss of Financial Capacity By Daniel Marson, JD, Ph.D., and Laurie Zebley, B.A. Daniel Marson and Laurie Zebley discuss the issue of loss of financial capacity for older individuals with dementia, including economic, psychological, clinical, and legal aspects. Emily handled the family bank account for most of our married life with little help from me, and she balanced the checkbook. Approxi- mately two years back she could no longer handle the bank account-this happened very quickly-she failed to make deposits and enter the checks she had written. She now has no worry about finances. Mr. C, husband of Mrs. C, a 69-year-old woman with mild Alzheimer's disease Introduction ©2000 Daniel Marson and Laurie Zebley The retirement years have tradition- ally been viewed as a golden period of life-a relaxing, enjoy- able time when retirees are free to travel, play golf, see grandchildren, rediscover themselves and their spouses-or even find new ca- reers.' Recently, an extended version of this model has been pro- posed, based on the unprecedented longevity we are now enjoying in Western societies.' Certainly this retirement ideal comes true in many cases, but in an increasing number of cases, it does not. There is a dark side to the retirement years-the reality that for many individuals and fami- lies, these are years dominated by cognitive decline, dementia, and loss of everyday capacities. For example, the incidence and preva- lence of Alzheimer's-type dementia From the Department of Neurology, Alzheimer's Disease Research Center, Center for Aging, and Department of Psychology, University of Alabama at Birmingham (UAB). Dr. Daniel Marson is an Associate Professor of Neurology and the Associate Director of the Alzheimer's Disease Research Center at UAB. Laurie Zebley is a medical psychology graduate student at UAB. U0

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