Financial Institutions & Wealth Managers

Caring Together: Carefull to Partner with the Alzheimer’s Association to Protect Families

Becky Ross
By 
Becky Ross
  •  
June 11, 2025
Caring Together: Carefull to Partner with the Alzheimer’s Association to Protect Families

Carefull, the first financial safety platform built specifically for older adults and their families, is proud to support the Alzheimer’s Association in raising awareness of the financial warning signs of cognitive decline and equipping families with tools to take early, protective action to prevent fraud and mistakes. Carefull is proud to support the care, services and research initiatives of the Alzheimer’s Association. The Alzheimer’s Association will provide information and resources aimed at helping families affected by dementia navigate financial challenges on Carefull’s website. Read the full release on Businesswire and below.

Designed to detect early behavioral signals and safeguard day-to-day finances, Carefull offers both a window into the early stages of cognitive change and a system to help preserve the financial independence and wellbeing of those affected. Carefull partners with financial institutions nationwide to bring these protections directly to the families they serve.

Each year, more than 900,000 Americans develop Alzheimer’s disease, with 7.2 million people aged 65 and older currently living with the condition. Behind each diagnosis is a network of loved ones offering critical support—nearly 12  million unpaid caregivers in the U.S. provide more than 19  billion hours of care annually for individuals with Alzheimer’s or other dementias.

“We’re committed to working with organizations that share our mission to protect and support older adults and their families. This effort is about helping families see what’s happening sooner and act with confidence,” said Todd Rovak, Co-Founder of Carefull. “Alzheimer’s disease comes with a daily financial reality for families, and we are beyond proud to be working with the Alzheimer’s Association to ensure financial safety is part of the cognitive health conversation.”

Growing evidence shows that financial missteps—like missed bill payments, rising credit card debt, or unusual generosity—can signal early cognitive decline, including Alzheimer’s. Research from institutions such as Johns Hopkins, Georgetown, and the National Institute on Aging suggests these behaviors may surface up to six years before a clinical diagnosis. Identifying these financial warning signs offers a powerful opportunity for early intervention and support.

Carefull turns this insight into action, offering families and caregivers proactive tools that can detect behavioral changes in financial activity. Through real-time alerts, Carefull ScamCheck, trusted contact infrastructure, and an expert and empathetic care team, Carefull provides early signals that allow families to act before small issues become life-altering crises, and deploy a system to safeguard someone who may become vulnerable to inbound financial scams. 

Long before a diagnosis, subtle financial changes like missed bills, unusual spending, or increased vulnerability to scams, can be among the first signs that something is wrong. Early detection of Alzheimer's can make a significant difference in how families respond, plan, and care for a loved one.

Becky Ross

Becky Ross

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