| The new caring: financial asset management and older people. | |
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MedLine Citation:
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PMID: 17986596 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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Increasing longevity and the growing proportion of the aged in the population in most countries have served to focus on the question of how governments and older people can finance living, health, and care options in retirement. Prudent management of income and assets is an increasingly complex and important aspect of aging as assets and expectations of self-financing increase. Although many informal caregivers act as asset managers and/or substitute decision-makers for older people, little attention has been paid to this increasingly important aspect of care. This paper summaries key findings of a broad research program exploring family involvement in the management of older people's assets and the practices that constitute good practice as well as financial mismanagement and abuse. It identifies multi-level and multi-strategy responses needed to address the issues raised by the research and outlines an innovative community demonstration project aimed at improving financial management practices in relation to older people's assets. |
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Authors:
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Cheryl Tilse; Jill Wilson; Deborah Setterlund; Linda Rosenman |
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Publication Detail:
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Type: Journal Article; Research Support, Non-U.S. Gov't; Review |
Journal Detail:
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Title: Annals of the New York Academy of Sciences Volume: 1114 ISSN: 0077-8923 ISO Abbreviation: Ann. N. Y. Acad. Sci. Publication Date: 2007 Oct |
Date Detail:
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Created Date: 2007-11-07 Completed Date: 2008-01-04 Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 7506858 Medline TA: Ann N Y Acad Sci Country: United States |
Other Details:
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Languages: eng Pagination: 355-61 Citation Subset: IM |
Affiliation:
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School of Social Work and Applied Human Sciences, The University of Queensland, St. Lucia, Queensland, Australia. c.tilse@social.uq.edu.au |
Export Citation:
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| MeSH Terms | |
Descriptor/Qualifier:
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Aging* Caregivers* / trends Financial Management* / methods, trends Humans Income* / trends |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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