“The reality is that we’re going to be dealing with the effects of the mass population hitting cognitive decline due to aging like we never have before,” says Jason Pereira, senior partner and financial planner at Woodgate Financial in Toronto. “Any Western nation with a baby-boom population that has longevity is going to have that problem."

Financial abuse against seniors is on the rise. How to spot it and protect the ones you love
Signs include lending or giving away money, sudden changes to wills and signing legal and financial documents they don’t understand.