wedding

Couple gets married for second time after husband with dementia forgot first wedding

A couple have tied the knot for the second time after the husband, who suffers from dementia, forgot their first wedding.

Bill Duncan, 72, proposed to wife, Anne, 70, because he was convinced she was his new girlfriend.

The couple have been together for nearly 20 years, and married for 13, but Bill has forgotten parts of their life together due to his illness.

Anne told how her husband repeatedly asked to her to marry him, until she eventually agreed to get married for a second time in an emotional garden ceremony at their home in Aberdeen.

She told the Real Fix podcast that despite being married for years, their second wedding meant the couple got to enjoy the “honeymoon period” all over again.

Read more: Grandson creates ‘water sweets’ to prevent dehydration after caring for grandmother with dementia

Bill and Anne Duncan on their first wedding day in 2007.

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wedding

Couple gets married for second time after husband’s dementia caused him to forget their first wedding

Bloomberg

Milgrom, Wilson Win Nobel in Economics for Research on Auctions

(Bloomberg) — Paul R. Milgrom and Robert B. Wilson, both of Stanford University, won the 2020 Nobel prize in economics for their work in developing the theory of auctions.“They have used their insights to design new auction formats for goods and services that are difficult to sell in a traditional way, such as radio frequencies,” the Royal Swedish Academy of Sciences said in a statement on Monday.Wilson, who was born in 1937 in Geneva, demonstrated why rational bidders tend to place bids below their own best estimate of the common value, because they’re worried about the so-called winner’s curse, which describes the phenomenon of paying more than something’s actually worth.Milgrom, born in 1948 in Detroit, analyzed bidding strategies in a number of well-known auction formats. He showed that a format will give the seller a higher expected revenue when

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women

Dementia Care for a Parent Can Be Costlier Than You’d Think. For Women, Especially.


Dreamstime

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Americans who care for a parent with Alzheimer’s disease or another memory disorder bear not only emotional burdens but also a stealthily high financial burden, according to the findings of a new survey of caregivers. This is especially so for women.

The lifetime cost of dementia care can exceed $750,000 in direct and indirect expenses, making it financially devastating for many, according to the research by RBC Wealth Management and Aon. The survey of 1,000 affluent and high-net-worth cognitive-decline caregivers in the U.S. also found that making financial sacrifices, such as reducing work hours or leaving the workforce entirely, can disrupt women’s careers and cost them about $35,000 in annual income.

Caregivers also see an outlay of money each month to support daily expenses or other needs of the patient, totaling nearly $750 a month on average. By the time someone reaches a severe decline, monthly contributions

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