Finance Fortress: Practical Strategies for Retirees Against Scams & Fraud

Just like any other threat, learning to recognize and avoid scams has become crucial for today's retirees. Join us as we discuss essential steps you can take to protect yourself against the increasing prevalence of scams and identity theft. Phil will offer real-life stories and practical advice to help you keep your finances safe in today’s digital age.

 

Here’s some of what we discuss in this episode:

• 1:35 – Real stories of financial scams
• 5:43 – Phishing, vishing, and smishing
• 8:20 – Examples of different scams
• 11:54 – Recognizing the signs of a scam
• 15:19 – Protections you can put in place to avoid being a victim of a scam

 

Resources for this episode:

CNBC article:

https://www.cnbc.com/2023/10/08/how-one-retired-woman-lost-her-life-savings-in-a-common-elder-fraud-scheme.html

Thomson Reuters article:

https://www.thomsonreuters.com/en-us/posts/investigation-fraud-and-risk/senior-citizens-financial-scams/

 

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