Book Review: Financial capability and asset holding in later life: A life course perspective

Abstract

Reviews the book, Financial Capability and Asset Holding in Later Life: A Life Course Perspective by N. Morrow-Howell & M. S. Sherraden (see record 2015-12228-000). In this book, Morrow-Howell and Sherraden explore components of financial vulnerability, capability, well-being, and security for older adults from a life course perspective. The book organizes the key concepts through three main sections: (1) Theory and Evidence of Life Course Impacts, (2) Vulnerable Populations, and (3) Policies and Innovations. Overall, this is a well-organized, well-written book. While some of the concepts deal with dense financial topics and complex research methodologies, the authors provide the reader with clear and understandable definitions and linkages between ideas. This book is appropriate for a wide range of practitioners working on issues of older adulthood in micro, mezzo, and macro practice settings. (PsycINFO Database Record (c) 2016 APA, all rights reserved)