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Cognitive loss continues to be one of today’s biggest retirement risks. According to the Alzheimer's Association, the number of present Alzheimer’s cases are projected to more than double by 2050.READ THE ARTICLE
Plan ahead: The key to protecting yourself (and your family) from the possibility of dementia is to be proactive. Early detection and diagnosis of cognitive impairment is crucial, and you can request cognitive screenings during annual wellness visits as a precaution. Additionally, adding daily practices into your life like exercise, a healthy diet and intentional mental engagement can also reduce dementia risk.
Further, educating yourself ahead of time about caregiving options and available resources in your community can help connect you with knowledgeable individuals. Considering the variables that come along with dementia before it’s a concern can potentially provide greater peace of mind amidst a major life transition.
You can face market volatility and high inflation in retirement, but what if you experience a major health diagnosis? Long-term care expenses and health care costs can quickly deplete savings, so ensure your retirement plan is proactively prepared. Your health is your wealth.