According to an AARP survey, 61% of older adults are worried they will not have enough money to support themselves in retirement, and 20% of older adults have no retirement savings at all.
In 2024, 40 million Americans reported $47 billion stolen through identity fraud and scams according to a new report cosponsored by AARP. It’s a massive and growing problem—but there are things each of us can do to protect against identity fraud even if our data has been exposed.
Getting older can negatively affect the brain and how it functions. However, there is considerable research to show that you can make changes in your daily life to offset some of these negative effects.
One of the most popular ways for criminals to steal money and sensitive information is by impersonating a trusted source—often a government agency. According to the Federal Trade Commission, victims of government impostor scams reported over $577 million stolen from them in 2024 – and due to underreporting, that’s likely a vast undercount.
The latest scam making the rounds is asking you to pay a toll through a text. It might look real, but there are a few red flags to watch out for. The Federal Trade Commission recently released a consumer warning about these types of scams.