Category: Retirement Planning
Posted: July 2017
Elder financial abuse is a growing concern as our population ages. It is estimated that 25% of the people living in North America in 2031 will be over 65 years of age, and that this group will control 70% of the wealth. Elders are particularly susceptible to exploitation of their financial resources by family members, care providers, telephone scammers and other schemes. Here are the top 10 financial scams, identified by the National Council on Ageing, that target seniors...
