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Cognition and Wealth Changes in Mid-to-later Life: A Latent Class Trajectories Approach Using the Health and Retirement Study.

Authors :
Westrick, Ashly C.
Esiaka, Darlingtina K.
Meier, Helen C.S.
Rooks, Ronica N.
Manning, Mark
Tarraf, Wassim
Source :
Journal of Aging & Health; Oct2024, Vol. 36 Issue 9, p510-522, 13p
Publication Year :
2024

Abstract

Objectives: To assess how cognitive trajectories from mid-to-later life relate to wealth change, overall and by mid-life income. Methods: Data were from participants (51–64 years) in the 2000–2018 U.S. Health and Retirement Study who were cognitively healthy at baseline (year 2000; unweighted n = 3821). Longitudinal latent class analyses generated cognitive and wealth trajectories, independently, and multinomial logistic regressions estimated the association between cognitive trajectories and wealth profiles, overall and by median income. Results: We identified three cognitive: cognitively healthy (CH), increasing cognitive impairment (ICI), and increasing dementia (ID) and four wealth profiles: stable wealth loss (SWL), delayed gradual wealth loss (DGWL), stable wealth gain (SWG), and gradual wealth gain (GWG). The ID group had higher probability of being in the SWL group and lower probability of SWG, which was more pronounced in respondents with greater median income. Discussion: Individuals with ID may be vulnerable to wealth loss, particularly for middle-class households. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
08982643
Volume :
36
Issue :
9
Database :
Complementary Index
Journal :
Journal of Aging & Health
Publication Type :
Academic Journal
Accession number :
179326760
Full Text :
https://doi.org/10.1177/08982643241232003