Monday, September 21 is World Alzheimer’s Day.
If you’ve had friends or family members who have suffered from Alzheimer’s disease, that makes it a very meaningful day of the year.
More than 5 million Americans are living with Alzheimer’s disease, according to the Alzheimer’s Association. Almost two-thirds of those affected are women.
It is the 6th leading cause of death in this country.
If it has passed you and your family by, you’re lucky. One in 3 seniors will die from Alzheimer’s or another dementia. It kills more than breast cancer and prostate cancer combined.
But enough statistics. What can you do to combat Alzheimer’s? Here are 3 first steps:
Get involved. The Alzheimer’s Association is a good place to start. They raise money for research, host informative programs to help you learn more about the disease, and sponsor support and care initiatives. You can participate in the Southeast Florida chapter’s annual walk to end Alzheimer’s by walking, organizing your own team, or donating.
Learn about it. Forget where you put your keys every once in a while? That does not necessarily mean you have Alzheimer’s. It’s time to learn more about the disease. You can start with the 10 Early Signs and Symptoms of Alzheimer’s to learn what signs and symptoms are completely normal, and which ones should prompt a conversation with your doctor.
Plan for the financial effects of aging. Like it or not, we are all getting older. Our financial acumen starts trending downwards at a certain age while our health-related problems start trending upwards. It’s only responsible to plan ahead to protect your family and loved ones. A candid conversation with your financial advisor can help identify the next steps. It could mean drafting the right estate planning documents to protect you, consolidating assets for ease of management, or exploring long-term care insurance and other options to pay for care if you need it.
The Takeaway: If your loved ones have been affected by Alzheimer’s or other age-related diseases, you already understand the importance of planning ahead. If not, we are happy to help you identify the next steps. Clients are encouraged to call us at any time to discuss how they can plan, prepare and protect themselves and their family members, even as they age.