Every day another older Vermonter is ripped off by a telephone, Internet or mail scam. Aggressive scam artists are targeting seniors across the country to the tune of billions! Find out how you can recognize a con, protect yourself and avoid becoming the next victim.
The following article is part of the AARP Connecticut 50+ Job-Seeker Series, featuring posts by AARP and local experts that are aimed at helping older workers take their job-hunting and career skills to the next level.
You’ve worked hard to save for retirement and you deserve a financial advisor who works just as hard to protect what you’ve earned. Right now, loopholes in the law allow bad-actors in the financial industry to provide retirement savings “advice” based on what’s best for their pocketbook, not yours. The result? They can recommend investments with higher fees, riskier features, and lower returns because they earn more money, even if those investments are not the best choice for you. Bad advice is wrong, and it is costing Americans up to $17 billion per year.
PORTSMOUTH _ Bank On Virginia Beach will soon be expanding to the Portsmouth area. Volunteers are needed to provide education and coaching to Bank On participants.