The Unexpected Crisis - Preparing for the Financial Impact of Alzheimer’s During Financial Wellness Month

January 3, 2025, press release from the the Alzheimer’s Association: TOLEDO, OH, Jan. 3, 2025—During Financial Wellness Month this January, the Alzheimer’s Association is encouraging individuals and families to make financial plans that will create some security in preparing for an unexpected crisis of caring for someone with Alzheimer’s or other dementia. One in nine Americans aged 65 and older are living with Alzheimer’s disease – that’s nearly 7 million Americans across the country and 236,200 in Ohio. Dementia not only takes a tremendous physical toll on diagnosed individuals, but the costs associated with the disease can be overwhelming and put a huge economical strain on families. Disease-related costs can jeopardize a family’s financial security, and many families and caregivers make enormous personal and financial sacrifices.