Clinical geropsychologist Peter Lichtenberg's "WALLET Study" links early memory loss to excessive spending and wealth loss in older adults.
Clinical geropsychologist Peter Lichtenberg's study "The WALLET Study" connects early memory loss to excessive spending and wealth loss. His unique research method, published in Clinical Gerontologist, involves analyzing a year's worth of older participants' checking account statements to identify financial vulnerabilities. This work could help prevent financial victimization of older adults.
June 24, 2024
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