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36% of Retirees Fear Falling Victim to Financial Fraud. Here's How to Avoid It.

May 31, 2020 - Nasdaq

Seniors are often regarded as our nation's most vulnerable population, largely due to health and mobility issues that often leave them isolated. Seniors also tend to financially insecure -- particularly those who rely mostly on Social Security to pay their bills. It's not surprising, then, to learn that 27% of retirees are concerned about falling victim to financial fraud or a money-related scam, according to a new survey by the Society of Actuaries. If you share similar fears, here are some imp...