May 19, 2021
As parents age, it’s highly likely they will need their adult children to start helping with various aspects of their lives. Retired aging adults can often maintain independence in their homes for many years. But it’s still helpful to have children and grandchildren around to assist as needed.
Moreover, even aging parents capable of self-care, cooking, and other daily responsibilities often need guidance regarding financial matters and potential scams.
Unfortunately, many scammers target aging adults. Not only does this demographic typically keep money in the bank, they also tend to be naïve with regards to potential dangers of phone and internet scams.
Scammers aren’t always strangers. It’s common for a scam to originate from a caregiver or close friend or family member. Therefore, it’s even more essential to be proactive about scam prevention, offering your loved one protection before something goes wrong.
Here are a few things families can do to protect their aging parents from scams:
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