‘A little bit of empathy and compassion would go a long way’: emotional and psychosocial experiences of money management and cognitive decline in later life

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Abstract The ability to manage money is essential for independent functioning but highly sensitive to cognitive decline. Managing money involves more than deploying skills rationally; it is influenced by a range of emotional and psychosocial factors. There is relatively little knowledge about how older adults, families and care professionals working with older people navigate and experience potential challenges of declining mental capacity to manage money. This article draws on a UK-based study involving 13 older people and/or family members and 28 social sector professionals, and their experiences of supporting older people with cognitive decline to manage money, triangulated with public information resources from major national organisations across the health, care, consumer and charity sectors. It focuses on the emotive and personal nature of cognitive decline and money management. Declining mental capacity to manage money can strike at the core of people’s sense of who they are, leading to strong tensions and difficulties in discussing support. Support to manage money is often framed in discussions as ‘there if we need it’; this can be reassuring for people, but may be challenged if there are subsequent disagreements and changes in perspectives about the detail and timing of support. These nuances are not well reflected in public information resources, which largely emphasise administrative procedure. Financial organisations may lack empathy that declining mental capacity to manage money is extremely challenging. The article highlights a greater need for recognition of the emotional and psychosocial complexities presented by declining mental capacity to manage money in later life.

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  • Current Opinion in Psychiatry
  • Nicola T Lautenschlager + 1 more

With the rapid ageing of the world's population, investigating protective factors that may prevent or delay age-related disorders has become a new public health priority. Dementia is a common age-related disorder, affecting up to one in every two people reaching 80 years of age or above. Amongst the various potential 'protective factors' currently under investigation, physical activity seems to hold promise for the primary and the secondary prevention of dementia. This paper critically reviews the evidence in support of the association between exercise and cognitive decline/dementia, as reported by cohort studies or clinical trials. The results of cohort studies show that physical activity is associated with better cognitive function and less cognitive decline in later life although there is only scant evidence suggesting that physical activity may in fact reduce the risk of dementia and Alzheimer's disease. In addition, data to support the systematic introduction of physical activity programmes to reduce the risk of dementia in later life are not as yet available from randomized clinical trials. The results of observational studies are largely consistent with the hypothesis that physical activity reduces the risk of cognitive decline and dementia in later life. These findings are, however, not as yet adequately supported by data from randomized clinical trials.

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Incident prolonged QT interval in midlife and late-life cognitive performance.
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Changes in cognitive function among older adults: A latent profile transition analysis

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  • Oct 11, 2018
  • PLOS ONE
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  • 10.33790/jcnrc1100176
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The growth in the aging population in the coming years represents a significant public health policy issue as more and more older adults wish to age in place. Additionally, as more older adults live longer, more older adults are living at home alone. Cognitive function and cognitive decline in later life represent additional challenges to the vulnerable elderly. As the health care system grapples to meet the needs of a growing aging population, the nursing profession can play an important role in health promotion and prevention efforts in cognition and aging. Given the need to advance more routine screening and assessment of cognition in later life, nurses are well poised to advance science and research and support recommendations for assessing cognitive function and cognitive decline in order to support safe and autonomous living in advanced age.

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