It’s a common concern to worry about older adults experiencing a scam. After all, scammers are continually deceiving people with offers. It is easy to fall into their trap without even knowing the risks. Scammers typically prey on older adults because of their vulnerability. In 2021, the Federal Bureau of Investigation (FBI) found that there were over 92,000 older victims of fraud, resulting in a loss of $1.7 billion. This number increased by 74 percent compared to the previous year. Here are some helpful tips to prevent older adults and yourself from becoming victims of a scam.

Because COVID-19 exposed to individuals, communities, and governments the fragility and interconnectedness of current elderly caretaking policies, there is more likelihood of certain demands being satisfied.

Many people might recognize mental health as a fairly recent societal topic that specifically plagues the younger generations, but neglect the fact that older adults suffer extensively from mental health concerns as well.

Perhaps the most common complaint among older adults is failing memory. But what a lot of people don’t consider (but should) is that there are two sides to every coin. There are true memories and false memories.

Managing your money is hard for anyone, especially when you’re no longer working. It becomes an increasing struggle for older adults that retire since many rely on social security benefits and savings. Living on a fixed income can make it challenging to pay ongoing and unforeseen bills.

Considering the various subcategories of expenses and relevant tax regulations, filing taxes can be immensely stressful and confusing. Keeping in mind the digitalization of most filing procedures and platforms, which may make it more difficult for older adults to figure out how their age and social status affect their tax requirements, we’ve listed some tax deductions and benefits applicable to individuals aged 65 and older.

Setting up an estate sale for yourself or others may seem like a large and unfamiliar task, but it can be simple and efficient with a few easy steps.

For big, important decisions, it is best to have documents clearly stating what you want in the event of a tragedy or accident. Here are three documents you may want to consider having on hand.

Before 1984, people were tricked and persuaded by funeral providers to buy goods that they did not necessarily need or want. Today, the Federal Trade Commission’s (FTC) Funeral Rule exists to help buyers like you be protected when carrying out your loved one’s final wishes.

The cost of an average American funeral and burial is $7,848. If you, like many others, are looking for an economic alternative, the green burial movement is something to consider. As its name infers, the green burial movement is not only cost-effective but also strays away from the traditional funeral practice while aiding in environmental sustainability.

There are new emerging burial options that stray away from the traditional funeral idea we have come to know. The “green burial movement” highlights such options.

$19,566. That’s the average “cost of dying” in the United States according to 2020 data compiled from the CDC and the National Funeral Directors Association.