Many older Americans lose wealth before dementia diagnosis

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Perhaps succumbing to fraudsters or facing mounting bills, older Americans begin losing wealth in the years preceding a definitive dementia diagnosis, new research shows.

For example, the median household net worth of the seniors in the study dropped by more than half in the eight years before they were diagnosed with dementia, but dipped much less for folks who retained their mental capacity, according to a team reporting Monday in the journal JAMA Neurology.