Literature DB >> 30739493

Physical and mental health correlates of perceived financial exploitation in older adults: Preliminary findings from the Finance, Cognition, and Health in Elders Study (FINCHES).

Gali H Weissberger1, Laura Mosqueda1, Annie L Nguyen1, Anya Samek2, Patricia A Boyle3,4, Caroline P Nguyen1, S Duke Han1,3,5,6,7.   

Abstract

Objectives: Financial exploitation (FE) in old age is poorly understood, particularly among those without significant cognitive impairment. The Finance, Cognition, and Health in Elders Study (FINCHES) aims to identify factors associated with FE among cognitively-healthy older adults. Preliminary findings regarding physical and mental health correlates in the pilot phase of FINCHES are reported.Method: Sixteen older adults who self-reported FE were demographically-matched on age, education, sex, and race/ethnicity to eighteen older adults who did not report past FE.
Results: Those who believed they were exploited endorsed significantly greater symptoms of depression (p = 0.014) and marginally greater symptoms of anxiety (p = 0.062). Participants trended towards lower perceived successful aging (p = 0.094). Perceived FE participants also endorsed greater medical conditions (p = 0.047), but follow-up individual item analyses suggest that this was driven by problems with sleep (p = 0.030).Conclusions: These preliminary findings from the pilot phase of FINCHES highlight negative mental health factors associated with perceived FE among cognitively-intact older adults.

Entities:  

Keywords:  Financial exploitation; aging; mental health; physical health; sleep

Mesh:

Year:  2019        PMID: 30739493      PMCID: PMC6933096          DOI: 10.1080/13607863.2019.1571020

Source DB:  PubMed          Journal:  Aging Ment Health        ISSN: 1360-7863            Impact factor:   3.658


  36 in total

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2.  Prevalence of mental disorders after catastrophic financial loss.

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3.  Risk factors associated with elder abuse: the importance of differentiating by type of elder maltreatment.

Authors:  Shelly L Jackson; Thomas L Hafemeister
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4.  Is Psychological Vulnerability Related to the Experience of Fraud in Older Adults?

Authors:  Peter A Lichtenberg; Laurie Stickney; Daniel Paulson
Journal:  Clin Gerontol       Date:  2013-03-01       Impact factor: 2.619

5.  Mild Cognitive Impairment and Susceptibility to Scams in Old Age.

Authors:  S Duke Han; Patricia A Boyle; Bryan D James; Lei Yu; David A Bennett
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6.  Does embeddedness protect? Personal network density and vulnerability to mistreatment among older American adults.

Authors:  Markus H Schafer; Jonathan Koltai
Journal:  J Gerontol B Psychol Sci Soc Sci       Date:  2014-06-12       Impact factor: 4.077

7.  A brief measure for assessing generalized anxiety disorder: the GAD-7.

Authors:  Robert L Spitzer; Kurt Kroenke; Janet B W Williams; Bernd Löwe
Journal:  Arch Intern Med       Date:  2006-05-22

8.  Financial decision-making abilities and financial exploitation in older African Americans: Preliminary validity evidence for the Lichtenberg Financial Decision Rating Scale (LFDRS).

Authors:  Peter A Lichtenberg; Lisa J Ficker; Annalise Rahman-Filipiak
Journal:  J Elder Abuse Negl       Date:  2015-08-18

9.  Elder abuse as a risk factor for hospitalization in older persons.

Authors:  XinQi Dong; Melissa A Simon
Journal:  JAMA Intern Med       Date:  2013-05-27       Impact factor: 21.873

10.  Financial Exploitation Is Associated With Structural and Functional Brain Differences in Healthy Older Adults.

Authors:  R Nathan Spreng; Benjamin N Cassidy; Bri S Darboh; Elizabeth DuPre; Amber W Lockrow; Roni Setton; Gary R Turner
Journal:  J Gerontol A Biol Sci Med Sci       Date:  2017-10-01       Impact factor: 6.053

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  10 in total

1.  Context Matters: Financial, Psychological, and Relationship Insecurity Around Personal Finance Is Associated With Financial Exploitation.

Authors:  Peter A Lichtenberg; Rebecca Campbell; LaToya Hall; Evan Z Gross
Journal:  Gerontologist       Date:  2020-08-14

2.  Increased Financial Altruism is Associated with Alzheimer's Disease Neurocognitive Profile in Older Adults.

Authors:  Gali H Weissberger; Anya Samek; Laura Mosqueda; Annie L Nguyen; Aaron C Lim; Laura Fenton; S Duke Han
Journal:  J Alzheimers Dis       Date:  2022       Impact factor: 4.160

3.  The Impact of Financial Coaching on Older Adult Victims of Financial Exploitation: A Quasi-Experimental Research Study.

Authors:  LaToya Hall; Rebecca Campbell; Evan Gross; Peter A Lichtenberg
Journal:  Financ Couns Plan       Date:  2022

4.  The Relationship Between Financial Decision-Making and Financial Exploitation in Older Black Adults.

Authors:  LaToya Hall; Juno Moray; Evan Gross; Peter A Lichtenberg
Journal:  J Aging Health       Date:  2022-04-14

5.  Financial fragility and scam susceptibility in community dwelling older adults.

Authors:  Lei Yu; Gary Mottola; Lisa L Barnes; Olivia Valdes; Robert S Wilson; David A Bennett; Patricia A Boyle
Journal:  J Elder Abuse Negl       Date:  2022-04-28

6.  Perceived Types, Causes, and Consequences of Financial Exploitation: Narratives From Older Adults.

Authors:  Annie L Nguyen; Laura Mosqueda; Nikki Windisch; Gali Weissberger; Jenna Axelrod; S Duke Han
Journal:  J Gerontol B Psychol Sci Soc Sci       Date:  2021-04-23       Impact factor: 4.077

7.  Correlates of Susceptibility to Scams in Community-Dwelling Older Black Adults.

Authors:  Lei Yu; Gary Mottola; Lisa L Barnes; S Duke Han; Robert S Wilson; David A Bennett; Patricia A Boyle
Journal:  Gerontology       Date:  2021-04-21       Impact factor: 5.597

8.  Numeracy Skills, Cognitive Reserve, and Psychological Well-Being: What Relationship in Late Adult Lifespan?

Authors:  Maria Chiara Fastame; Silvia Melis
Journal:  Behav Sci (Basel)       Date:  2020-11-22

Review 9.  A Scoping Review and Conceptual Framework Examining the Role of Sleep Disturbance in Financial Exploitation in Older Adults.

Authors:  Jessica R Armendariz; S Duke Han; Constance H Fung
Journal:  Gerontol Geriatr Med       Date:  2022-08-04

10.  Susceptibility to Scams in Older Black and White Adults.

Authors:  S Duke Han; Lisa L Barnes; Sue Leurgans; Lei Yu; Christopher C Stewart; Melissa Lamar; Crystal M Glover; David A Bennett; Patricia A Boyle
Journal:  Front Psychol       Date:  2021-07-12
  10 in total

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