Cognitive decline affects millions and it can cost hundreds of thousands of dollars.

11.6 million
Increasingly more common

By 2050, the number of people aged 65 and older with Alzheimer’s may grow to a projected 12.7 million, barring the development of medical breakthroughs to prevent or cure Alzheimer’s disease.

Source: 2023 Alzheimer’s Association disease facts and figures report from

80 percent
Unexpected missteps

80% of caregivers report some level of financial mismanagement in families affected by cognitive decline.

RBC Survey: Preparing for the expected, the financial impact of cognitive decline

5 years
A hefty price tag

The average nursing home stay is 5 years for a patient with Alzheimer’s—with an estimated $480,000 price tag.

Source: Genworth Cost of Care Survey, 2021

Be prepared for the expected

We’ve created a practical guide to help you prepare for the impacts of cognitive decline. Protect your loved ones through planning.

Download the cognitive decline wealth insights report

Not sure how to get started? Let us guide you

Contact one of our skilled professionals to find out more about the right services for you.

Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

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