• Skip to main content
  • Skip to primary sidebar

Ask Liz Weston

Get smart with your money

  • About
  • Liz’s Books
  • Speaking
  • Disclosure
  • Contact

4 Ways to Protect Your Retirement Money From Scammers

September 3, 2015 By Liz Weston

help-parents-manage-moneyThe good news: Through hard work, thrift, and wise choices, you’re set for retirement. The bad news: You might find it harder someday to make sound financial decisions. On average, money smarts peak at age 53, the Center for Retirement Research reported in 2010. The older you get, the greater your vulnerability to scams, unscrupulous advisers, or just poor judgment.

The stakes are high: Fraud victims 65 and older lost an average of $30,000, Allianz found last year. One in 10 lost more than $100,000.

In my latest for Money magazine, I discuss measures to take that can protect your finances, or the finances of a parent or older relative.

Related Posts

  • Make your money last in retirement

    Many people worry about running out of money in retirement. That’s understandable, since we don’t…

  • How not to run out of money in retirement

    Americans aren’t terrific at saving for retirement. Many are even worse when it comes to…

  • 5 ways to deal with money envy

    If you’ve ever scrolled through social media posts only to be gripped with envy when…

  • How to help your parents protect their money

    Our financial decision-making abilities peak in our 50s and can decline pretty rapidly after age…

Filed Under: Liz's Blog Tagged With: financial fraud, money and seniors

Primary Sidebar

Search

Copyright © 2025 · Ask Liz Weston 2.0 On Genesis Framework · WordPress · Log in