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Q&A: Financial help for seniors

October 31, 2016 By Liz Weston

Dear Liz: In your response to the person whose friend was erroneously declared deceased by the Social Security Administration, you suggest that the older person consider finding help in managing her finances. Please recommend checking the American Assn. of Daily Money Managers for such help. I have a certification from this professional organization and we help thousands of people in this predicament. You can find more information at www.aadmm.com.

Answer: Handling the details of daily finances can get challenging as we age. Many people have trusted family or friends who can help monitor their accounts, make sure bills are getting paid and keep an eye out for signs of financial abuse. For those who don’t, a daily money manager can be a godsend.

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Filed Under: Q&A Tagged With: q&a, seniors and money, tips

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