financial fraud

Research shows that one in five older Americans are victims of financial exploitation and each victim loses an average of $120,000. Through AARP's BankSafe initiative, we are working to stop financial exploitation before it happens
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You've seen this subject here  before. I'm bringing up financial elder abuse again because of a new resource for readers.  But some background first:  Americans age 60+ lose nearly $3 billion a year to financial abuse.  That's 5 million older Americans who get duped annually. According to studies by the Consumer Law Center, sham telemarketers direct 56-80% of their calls at older people. And, the Consumer Financial Protection Bureau says that for every case that is reported, 43 are not.
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As we head into our retirement years, we could all use a little financial guidance to help us fluff up our nest eggs. Do we tap a certified senior adviser or chartered financial consultant for advice, or would a senior or retirement specialist be better? Maybe a certified trust and financial adviser or an accredited retirement adviser would be best? No, wait, what about a certified financial gerontologist? Or a chartered adviser for senior living?
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