ProAging

The Beacon

June Money

Ways to protect your savings after a diagnosis

Q: I am 73 and healthy, but my beloved husband has early-stage dementia. His diagnosis was a shock, but on reflection, I realize that he was starting to repeat himself and had forgotten to pay a few bills. He is doing well, yet I know this could jeopardize our $1.6 million in savings. How can I restructure our financial plan and estate and pay for his long-term care?

By Maurie Backman June 27, 2026 3 min read
Ways to protect your savings after a diagnosis

Q: I am 73 and healthy, but my beloved husband has early-stage dementia. His diagnosis was a shock, but on reflection, I realize that he was starting to repeat himself and had forgotten to pay a few bills. He is doing well, yet I know this could jeopardize our $1.6 million in savings. How can I restructure our financial plan and estate and pay for his long-term care?

About the Beacon

Over 50 or love someone who is?

The Beacon Newspapers, Inc., is dedicated to providing well-written, useful information of interest to people 50 and over and their families.

Our award-winning content covers health, financial, technology, housing, travel and arts topics, as well as local events and feature stories. Readers of our three free print editions pick up copies each month at more than 2,300 distribution sites, and we mail copies to subscribers throughout the United States.

More about us →

195,000

Monthly print circulation (copies)

450,000+

Monthly readers

2,300+

Distribution sites

3

Free monthly editions

Since 1989

Founded by Publisher emeritus Stuart Rosenthal and president emeritus Judy Rosenthal