As people begin to experience cognitive loss, the ability to manage money can be one of the first things to slip.
And the financial consequences of that can be devastating. It’s far too common for people with MCI to lose a significant portion — if not all — of their life savings. And yet this is preventable.
In today’s video, I show you how to work with a family member or trusted friend to protect your savings. And with some of the new apps out there, that’s become really easy to do. These apps were created for adult children worried about their aging parents, but they work every bit as well for people with MCI and their families.
To request my info sheet “10 Tips to Protect Your Life Savings,” email me at firstname.lastname@example.org. I’ll be glad to send it to you.
To read the article on Considerable.com, you can check it out here: https://considerable.com/managing-mom-and-dads-money-six-services-that-help-you-help-them/