Help your granny to manage her finances in old-age

Help your grandparents financially as well as in managing medicines, as a study suggests that people aged 65 and older as most of them have history of stroke, low cognitive functioning and find it difficult to manage the activities of daily living.

The findings, published in Journal of the American Geriatrics Society study, nearly 9500 individuals aged 65 and older, especially women have a higher risk than men, in managing medications or finances, many needed assistance as time went on.

?These aspects are very important to patients' life and are not traditionally assessed in practice," said lead author Dr. Nienke Bleijenberg.

?It is important that professionals ask about these serious daily functions at an early stage to reduce the consequences and burden of these impairments,? Bleijenberg added.

The results indicated that over 10 years, 10.3 percent of those aged 65 to 69 needed help managing medications and 23.1 percent needed help managing finances.

These rates rose with age, to 38.2 percent and 69 percent, respectively, in those over age 85.

Additional factors linked with an increased risk for both outcomes included a history of stroke, low cognitive functioning, and difficulty with activities of daily living.

The findings highlight the importance of preparing older adults for the likelihood that they will need assistance with managing their medicines and finances.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)