Seniors can be particularly vulnerable when it comes to financial thievery. What’s more, the ploys are getting more sophisticated.
The point of having a transportation plan in retirement is to anticipate how you are going to get around in your community after you aren’t able to do it on your own.
While the heart wants what it wants, the scammer just wants to find a way to take your money.
Between adaptive cruise control, parking assist, backup cameras, lane warnings, blind-spot assistance, forward collision warnings, and automatic stopping systems, there are many technologies that can help seniors with their driving.
“Pause laws” give financial institutions and advisers the right to delay executing a transaction they think is suspicious.
Considering health care costs, a long-term care strategy and managing longevity risk, the goal of not running out of retirement income requires a lot of financial planning.
Along with both spouses being able to handle the family’s finances, it’s also important to put together a listing of accounts, insurance policies, health care directives, powers of attorney and wills.
A $1 donation to the Supplemental Nutrition Assistance Program (SNAP) provides up to $60 in benefits to seniors.
Nearly one-third of all 25,800 complaints seniors sent to the CFPB pertained to debt collection.
Are seniors to blame for their new debt, or are their sons, daughters and grandbabies?