10 Tips to Protect Against Elder Financial Abuse
Tips and resources to help protect against financial abuse.
According to recently released Census Bureau projections, the number of Americans 65 and older will double over the next 30 years to 80 million. Because older Americans have worked and saved longer than their younger counterparts, they naturally hold a much larger share of the nation’s wealth.
Scammers are all too familiar with these statistics and are constantly developing new strategies to illegally take this money from the elderly. There is no limit to the imagination of a crook. Here are a few of the most common scams.
Some simple things that you can do to help protect your loved one: