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How dementia can drain a family’s life savings

April 20, 2018

If Denis Winter suffered from heart failure, cancer or almost any other deadly disease, his family could rest assured that his care would be largely covered by insurance.

But Winter has Alzheimer's disease. So the extraordinary cost of his care — $8,500 a month, or $102,000 a year — is borne entirely by his wife, Linda. It is quickly draining their lifetime of savings.