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Our Two Cents: Protecting Yourself From Financial Abuse in Retirement
Elder financial abuse has become a growing problem in the United States. The Department of Labor estimates elderly Americans lose around $2.6 billion to financial abuse and exploitation each year. So what can you do to safeguard your nest egg?
Sources:
https://ncea.acl.gov/elder-abuse#gsc.tab=0
https://blog.dol.gov/2024/06/14/avoiding-elder-financial-abuse
The views shared in this episode do not serve as professional advice. If you're seeking financial guidance, please consult with a financial expert.
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By E.Elder financial abuse has become a growing problem in the United States. The Department of Labor estimates elderly Americans lose around $2.6 billion to financial abuse and exploitation each year. So what can you do to safeguard your nest egg?
Sources:
https://ncea.acl.gov/elder-abuse#gsc.tab=0
https://blog.dol.gov/2024/06/14/avoiding-elder-financial-abuse
The views shared in this episode do not serve as professional advice. If you're seeking financial guidance, please consult with a financial expert.