Elder financial exploitation: a growing problem

Answered by:

Question:

Why is elder financial exploitation growing so fast?

Answer:

Baby Boomers, Americans born between 1946 and 1964, represent the largest portion of the population and continue to reach senior status in record numbers due, in part, to increased life expectancy. The U.S. Census Bureau estimates that one out of every five Americans will be 65 or older by 2030. So, as a larger percentage of the population ages, more wealth tends to be concentrated among seniors.
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Learn more about Susan Costonis‘s webinar
Who’s Stealing Grandma’s Money? — Elder Financial Exploitation