How to Avoid Financial Scams Targeting the Elderly

Aging Parents, Crime, Financial, Retirement, Scams, Senior Health, Senior Home Care

Avoiding Financial Crimes Targeting the Elderly Some 16.7 million consumers were victims of identity theft or fraud, according to latest report from Javelin Strategy & Research. That’s up 8 percent from the previous year. In all, thieves stole over $16.8 billion. Why are the Elderly targets? According to the FBI, senior citizens especially should be…

Retirement: Medicare Open Enrollment

Medicare, Retirement, Senior Health, Senior Home Care

Retirement: Medicare Open Enrollment ends Friday The open enrollment period for Medicare ends Friday. Retirees need to be aware of some options and costs that may affect them. Recently, Morningstar provided six considerations about Medicare options: First, there’s another choice aside from the traditional Medicare plan: Medicare Advantage. Whereas the traditional Medicare is a “fee-for-service”…