Spread the Word: Keeping Seniors Safe and Sound from Financial Elder Abuse
People of the baby boomer generation are reaching age 65 in record numbers. The United States Census Bureau estimates that about 20 percent of the U. S. population will be “seniors” (65 or older) within the next 15 years.*
Many from this generation have felt invincible throughout their lives. The prosperity and economic growth of their youth fueled confidence and optimism. Yet, as Father Time moves on, baby boomers should be wary of how the years may begin to dull their razor-sharp faculties. This is especially true when it comes to safeguarding financial security and retirement savings. It’s not just our elderly parents and other beloved seniors that need protection. Financial elder abuse is proliferating at a record pace, period. Baby boomers should become more cautious themselves.