It took seven years, being engaged, handing over almost ten thousand dollars before she discovered her fiancé was a con artist and she his target. She met him at a luncheon his company sponsored to help seniors make the most of their retirement funds and income. She filled out a card asking for more… Continue reading The Con – The Target Part I
Category: Money Matters
Subscription Wars
When we think of money schemes aimed at senior citizens, rarely do we think past computer hackers, IRS scams and other well-known plans for getting into our pocketbooks by nefarious means. I, for one, never considered those wonderful magazines that keep us up on the latest diets, recipes, house-decorating fads as part of the gang. I… Continue reading Subscription Wars
Is Your Health Insurance Adequate for Retirement?
You did it! You planned for your retirement, put money away for that rainy day, got insurance for the event of your death or worse – if you live past a time anyone wants to care for you. You are ready to travel the open highways in the new mobile home with your best friend.… Continue reading Is Your Health Insurance Adequate for Retirement?
Are These Plans In Place for Your Senior Years?
I read an article recently discussing estate planning and how heirs deal with belongings after a person dies. This kind of planning is certainly important but the article made me think about the importance of ensuring that adequate plans are in place for our senior years. For example, are there written plans in place for… Continue reading Are These Plans In Place for Your Senior Years?
Don’t Let Thieves Steal Your Life!
Identity theft is nothing new, but it seems the thieves are smarter and the scams more sophisticated than ever before from faking I.D.’s to forging checks to stealing complete identities of their victims. These scam artists use your credit cards to get money from your bank account; they purchase for themselves in your name… Continue reading Don’t Let Thieves Steal Your Life!
Uncle Sam’s Helping Hand
There is a website to help senior citizens find any extra benefits that might make paying for some expenses a bit easier. Many older people rely on their monthly Social Security checks to pay all their expenses. The problem is, those checks seldom cover everything. Other potential help is available from special government assistance programs,… Continue reading Uncle Sam’s Helping Hand
Plan for Your Old Age
According to a study by the U.S. Department of Health & Human Services, approximately 70% of seniors over 65 will need long-term care at some time in their lives. Many Americans don’t think about this or the possible need for long-term care insurance until it is too late. Some people believe that family members will… Continue reading Plan for Your Old Age
8 Tips to Lower Your Retirement Expenses
Once you retire, your income may drop. If that is what you are facing, it’s time to look at ways to lower your cost of living. There are numerous way to do so, but many will depend on where you live. Downsize your home. A smaller house is likely to cost less and have lower… Continue reading 8 Tips to Lower Your Retirement Expenses
Cracking the Hacker
I struggle between the joy and the dismay of computer usage. Dependent on the bright screen glowing in our faces so many hours a day, we use it for entertainment. Love that Candy Crush! Or handling our finances – just how many passwords do we need between the credit cards, the bank accounts, the money… Continue reading Cracking the Hacker
The Credit Score Game
How smart are we when it comes to keeping track of our credit scores? Answer these next questions honestly and then check out the surprises below. How many of you pay to find out your credit scores every month? Who checks with ‘free’ site Credit Karma? How many of you go through your bank… Continue reading The Credit Score Game