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As Americans live longer, the chance that they’ll be impacted by cognitive decline increases. Already, 5.8 million people are affected, a number that’s expected to double by 2040, according to the Alzheimer’s Association. Chances are, family members will be their caregivers.

To get a better understanding of the situation, RBC Wealth Management surveyed 1,000 family caregivers in November and December 2019, as well as financial advisors who serve clients and family members with cognitive decline.

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Danielle Andrus

 

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