Dimentia – A fact of life?

Dec 4, 2020

Dementia is not a single disease; it’s an all-encompassing term describing a range of symptoms.

Dementia affects memory, perception, behaviour, language and personality. Alzheimers is the most common and well-known form of dementia.

I am not going to attempt to outline the medical causes and the reasons in this article – I am not a doctor.

I do however understand the statistics and they are frightening – 1 in 10 Australians over the age of 65 will be affected and, even worse, if you make it to 85 your chances are increased threefold.

So how do you recognise if you or someone you care about is being impacted by dementia?

While the early stages of dementia are not easy to identify, be aware of:
Judgement: Decreasing or poor judgement calls
Memory: Frequent memory loss affecting daily activities
Thinking: Increasing inability with abstract thinking
Language: Forgetting simple words
Initiative: Demotivation and loss of initiative
Losing things: Misplacing items or leaving them in inappropriate places
Tasks: Difficulty performing familiar tasks
Personality: Changes in personality, mood or behaviour
Disorientation: With time and place

As we age, what can we do to minimize the risk factors? Continue reading here…..

Disclaimer: This article contains general information only. The information contained in this article is not designed to be a substitute for professional advice as such a brief guide cannot consider and cover all individual needs, objectives, circumstances and conditions applying to the law as it relates to these items mentioned in this article. No responsibility can be accepted for errors, omissions or possible misleading statements or for any decisions or actions taken as a result of any material in this communication. Appropriate expert advice should always be considered from a professional financial adviser prior to making any financial decisions. Liability limited by a Scheme approved under Professional Standards Legislation.
Insurance planning for life’s unexpected events

Insurance planning for life’s unexpected events

Life can be unpredictable and sometimes unexpected events may lead to financial loss or hardship. This could include things like an injury or illness preventing you from returning to work, your home destroyed in a fire or the unfortunate passing of your spouse leaving...

read more
2024 end of financial year tax planning

2024 end of financial year tax planning

As the end of the 2024 financial year draws closer, now is the perfect time to start thinking about ways to potentially reduce your taxes and implementing year-end tax planning strategies. We have put together a list of items worthwhile considering and taking...

read more
ATO debt on hold notices

ATO debt on hold notices

Please be aware the Australian Taxation Office can put a debt on hold if they determine it is uneconomical to pursue. This could be due to one of the following reasons: the age of the debt, the anticipated cost of future recovery is likely to exceed the amount of the...

read more
Importance of seeking professional advice for business owners

Importance of seeking professional advice for business owners

Whilst small businesses play a crucial role in the economy and can be incredibly rewarding for business owners to fulfill their business venture goals, there can also be many challenges and mistakes made along the way. From hiring the right staff, finding suitable...

read more
Tax planning end of financial year checklist – 2023FY

Tax planning end of financial year checklist – 2023FY

With the end of the 2023 financial year approaching, we would like to draw your attention to some things worth considering as part of your year-end tax planning. Yes the notes within this newsletter are quite extensive however there is a lot for you to consider and...

read more
Translate »
Skip to content