Insights and Market Perspectives

World Alzheimer’s Day

Author: Sound Choices

September 21, 2018

September 21 is World Alzheimer’s Day. AGF is proud to support the Alzheimer Society of Canada – the leading nationwide charity dedicated to improving the lives of people living with Alzheimer’s disease and other dementias, their families and caregivers.

Did you know 25,000 new cases of dementia are diagnosed in Canada every year and 1.1 million Canadians are affected directly, or indirectly, by the disease.

Source: Alzheimer’s Society of Canada, 2017.

Dementia ≠ Incapable 

People with dementia can and do live long, productive lives. They DO need help to plan EARLY, but it is a MYTH – and a damaging one – that they are rendered incapable as soon as they are diagnosed.

The stigma often experienced is more damaging than the illness itself. Our attitudes can make the difference between someone with dementia continuing to feel valued and included, rather than feeling isolated and sidelined.

Widespread implications

Nevertheless, it’s important to plan for the impact declining health will have on housing and family. Especially since government health-care coverage may not be enough to cover additional costs such as prescriptions, home care, or assisted living care.

Did you know the annual cost to Canadians to care for those living with dementia is $10.4 billion.

Source: Alzheimer’s Society of Canada, 2017.

What can you do to prepare?

1. An emergency fund

While having an emergency fund is a crucial part of any financial plan, planning for emergencies in our retirement years is arguably more important to prepare for than in younger years, given people may be on a fixed income and additional financial resources may not be available.

2. Learn what you can about the impact of Alzheimer’s

The material below is also available through local Alzheimer Societies across the country for both Canadian financial advisors and investors.

3. Start the discussion now

AGF’s health-care planning program has resources to help you and your financial advisor.

Contact a financial advisor. He or she can help you incorporate aging-care support into your financial plan.

Every effort has been made to ensure accuracy at the time of publication, however accuracy cannot be guaranteed and AGF takes no responsibility for reliance on the information contained herein. The contents of this Web site are provided for informational and educational purposes, and are not intended to provide specific individual advice including, without limitation, investment, financial, legal, accounting or tax. Please consult with your own professional advisor on your particular circumstances.

About AGF Management Limited

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.

For further information, please visit

© 2018 AGF Management Limited. All rights reserved.

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