Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

10 Ways Seniors Suffer Financial Abuse

July 13, 2021 · Retirement Life
Photo by Photographee.eu from Shutterstock

As you get older, you need to know you can rely on someone to take care of you and your properties. As eerie as it sounds, the reality is a bit different. Nowadays, financial abuse of the elderly is a very common practice, specifically in the US.

According to the U.S. Department of Justice, financial abuse has been often reported and of the most common form of abuse on the elderly. Financial abuse is an illegal form of exploitation that targets elderly people, mostly because of their incapacity of managing their assets and properties on their own.

Whether we speak about a mental illness, like dementia, or a chronic disease that no longer allows the senior to make his/her own decisions, there are various reasons why elder people might need some help with their money.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A senior couple walks along a brick garden path outside a craftsman-style house in warm morning sunlight. 10 Reasons Retirees Are Reconsidering Long-Term Care Insurance
  • Senior man with grey hair sitting at a wooden table reading paperwork beside a steaming mug and notebook. 8 Things That Automatically Change the Year You Turn 73
  • Older man in a blue sweater reviewing paperwork at a table with eyeglasses and a steaming mug nearby. 11 Things Retirees Wish Their Bank Had Told Them
  • Older adults dancing and sitting at tables in an outdoor courtyard with string lights during an evening concert. 9 Great Communities for Retirees Who Are Social Butterflies
  • A man stands in his kitchen looking down at an open laptop near a calendar and bills on the counter. 12 Warning Signs You'll Actually Need to Unretire Soon
  • Smiling older park guide handing a trail map to someone against a sunny mountain lake backdrop. 8 Charming Resort Towns Perfect for Retirees Who Enjoy Seasonal Work
  • An older couple stands inside a modern living room looking out a large sliding glass door toward a sunny desert neighborhood. 10 Biggest Reasons So Many Retirees Say They Regret Moving to Arizona
  • Senior man sitting in a wooden armchair on a stone patio holding a mug, overlooking a desert landscape with mountains. 10 Underrated Southwest Towns Where You Can Retire on $1,500 or Less a Month
  • Older couple standing on a screened patio looking at a lake under storm clouds, with bills on a table in front. 8 Reasons You Don’t Want to Retire in Florida, According to Floridians
  • Older man writing with a pencil and woman reviewing an IRS Schedule A tax form at a wooden table with a calculator. What the 2026 Senior Tax Deduction Means for Retirees

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

A happy senior couple laughing in a bright, modern living room with large windows.

12 Alternatives to Retirement Homes

Explore 12 practical alternatives to traditional retirement homes, from aging in place and cohousing to…

Read More →

Here’s the No. 1 Reason Seniors Work Well into Retirement

A recent poll has looked at the retirement situation in America, bringing to light some…

Read More →

Will You Work During Retirement? 10 Shocking Retirement Stats!

Most seniors vividly dream about how they’re going to spend their time during retirement. Will…

Read More →
Seniors calculating their costs

11 Expenses You No Longer Need in Retirement

Retiring early seems like a distant dream. But with determination, motivation and careful planning, you…

Read More →
Older couple walking down a sunny small-town sidewalk past brick storefronts, a hardware store, and a bakery.

The 10 Best Small Towns for Retirees to Stretch a Social Security Check

Discover the 10 best small towns where retirees can comfortably stretch a Social Security check…

Read More →

9 Easy Ways to Gradually Transition into Retirement

A man works on his laptop from a sunny porch, enjoying a flexible transition into…

Read More →
Why More Retirees Are Choosing Part-Time Work In 2026

Why More Retirees Are Choosing Part-Time Work In 2026

Discover why older adults are choosing part-time work in 2026, and learn how to navigate…

Read More →

11 Smart Ways to Save $1 Million for Retirement on a $50K Salary

After long years of hard work, you’ve certainly earned your right to a happy retirement.…

Read More →
A senior woman sits at a wooden table holding a mug and gazing out a bay window beside a newspaper and open notebook.

9 Things Single or Widowed Retirees Should Know

Discover 9 essential financial, tax, and healthcare strategies every single or widowed retiree must know…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.