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Money Smart For Older Adults Prevent Financial Exploitation PDF, ePub eBook

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BOOK SUMMARY :

The money smart for older adults program raises awareness among older adults and their caregivers on how to prevent elder financial exploitation and encourages advance planning and informed financial decision making money smart for older adults was developed jointly by the federal deposit insurance corporation fdic and the bureau of consumer participantresource guide money smart for older adults page 6 of 53 be unfamiliar with managing financial matters be unprepared for retirement and the potential loss of financia l decision making capacity have cognitive impairments that affect financial decision making and judgmentmoney smart for older adults resource guide 1 welcome to money smart for older adults financial exploitation has been called the crime of the 21st century with one study suggesting that older americans lost at least 29 billion to financial exploitation in 20101 by a broad spectrum of perpetrators including persons they know andjust in time for hispanic heritage month money smart for older adults msoa version 20 is now available in spanishthe msoa educational program is an easy to use resource for older people caregivers and service providers produced by the federal deposit insurance corporation fdic and the bureau of consumer financial protectionmoney smart for older adults prevent financial exploitation money smart for older adults prevent financial exploitation the federal deposit insurance corporation fdic and the consumer financial protection bureau cfpb have published a resource guide which is useful in identifying and protecting against financial exploitation to read

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