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5% of seniors report having lost money to scams, with average losses of $30,000, meaning that seniors alive in 2014 have experienced $69 billion in total losses due to financial abuse. The study does not provide an annualized figure.
Dear Liz: I'm 80 years old and my wife is 76. Our only retirement income is Social Security, and we have less than $50,000 in savings. We have about $600,000 equity in our house, which we bought ...
An elderly California couple was devastated when they were served an eviction notice in April 2023 for the home they’d been making regular payments on for two decades.
The National Council on Aging reports up to five million older Americans are affected each year, while victims of financial abuse are estimated to lose at least $36.5 billion a year.
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These 5 magic money moves will boost you up America's net worth ladder in 2024 — and you can complete each step within minutes. ... “My parents are such hardworking people and you know, they ...