The Retirement Risk Show

How to Recognize and Avoid Emerging Elder Financial Exploitation

April 19, 2024 Dave Hall, CPA Episode 120
The Retirement Risk Show
How to Recognize and Avoid Emerging Elder Financial Exploitation
Show Notes

Dave says in this week's episode: "And for some [elders and retirees], it's a time of great loneliness. You've gotten to a point where maybe your whole working career, you were in an office or an environment where you were around people all the time, and now you're home, and all of a sudden those people aren't there every day." 

Join Dave as he breaks down an eye-opening article from the AARP bulletin for April 2024—Fraud 2024. Scammers are more cunning than ever; leveraging advanced technology and artificial intelligence, they are targeting our seniors in new and sophisticated ways. He explores the six main scams that are currently circulating, from "check cooking" to "voice printing," and give you strategies to combat these fraudulent schemes.

Protecting your hard-earned savings is paramount, and information is your best defense. Tune in to learn how to recognize these scams, avoid the manipulative traps set by scammers, and stay connected with the right people. Your retirement should be a time of enjoyment and freedom, not stress and uncertainty.

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