Why Do Older People Fall for Scams?

Why Do Older People Fall for Scams?

When most of us think of our elders, we don’t think about scams.  Most of us have fond, warm memories of our elders. We think of our older family members and the seniors around us with compassion. If you think of your grandparents, you most likely associated as...
State of the Nation: Increasing Need For Care Endangers American Elders

State of the Nation: Increasing Need For Care Endangers American Elders

The number of elders in the United States is growing every year.  Ten thousand people turn 65 each day.  One in seven Americans or 14.5% of the population in 2014 was 65 years of age or older.  This is a 28% increase since 2004.  Over one-third (36%) of Americans over...
Effective Reporting of Abuse, Neglect & Exploitation

Effective Reporting of Abuse, Neglect & Exploitation

Elder abuse is a grossly under reported crime.  It is estimated that only 1 in 14 cases of elder abuse is reported.  While many citizens and professionals are required to report abuse, many fail to do so, in part, because they do not fully understand their reporting...
State of the Nation: Increasing Need For Care Endangers American Elders

Are You More at Risk Without The Fiduciary Rule?

Getting advice on how to make the most out of your money, to set you up for retirement, and provide for you throughout you life is one of the most important important things you will do.  A 2015 report by the White House Council of Economic Advisors stared that...
What Is Elder Abuse?

What Is Elder Abuse?

Elder abuse is the broad term used to identify any mistreatment or maltreatment of an elderly person.  Generally, elder abuse is an act or failure to act that causes harm, serious risk of harm, or financial loss to an elder. It can include physical, sexual, mental,...
What Is Elder Abuse?

Warning Signs of Abuse or Neglect in a Nursing Home

Many families have a loved one that resides in a long-term care facility such as a nursing home or an assisted living facility. When a loved one resides in a long term care facility, family members should visit often and unannounced. When visiting, family members...
Financial Abuse of Elders and Warning Signs

Financial Abuse of Elders and Warning Signs

Elder exploitation is a growing problem in the United States. Our population is aging and, as a group, those over age 65 control about one-third of the wealth in the United States. This wealth is concentrated in a group that also disproportionately suffers from health...
Check Credentials of Financial Planners With These Tips

Check Credentials of Financial Planners With These Tips

Check credentials of financial planners, brokers, and brokerage firms with these tips and you’ll ensure the financial safety of your client, as well as protect yourself.  Anyone who sells mutual funds, stocks, bonds or securities is regulated by the Financial...