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 wavebreakmedia from Shutterstock

Romantic money void

As embarrassing as it is, our last choice of financial abuse is targeting romantic posers. Because we live in the age of the internet, more and more people turn to online dating sites to escape loneliness at an older age.

This is where romance scammers tend to run their activity, elaborating profiles and a fake identity to steal the hearts of their victims. These scammers will show patience and resilience in their mission, tricking their online targets that love is real and is out there calling out for help.

They will ask for money to travel to their “loved” one and pay ghostly medical insurances for fake diseases. It has been shown that in 2019, seniors lost over $84 million over romance scams.

If you enjoyed reading this article, we also recommend you:

Expensive Funeral Costs? 10 Best Ways to Save Money on Them

18 Surprisingly Affordable Retirement Destinations You’ve Never Considered Before

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Your email address will not be published.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 woman looking thoughtfully at her phone in a bright, modern home office. 6 Social Security Scams You Need to Pay Attention to
  • A happy retired couple enjoying the sunset on a beautiful porch. 8 States to Retire For Less Than 45K a Year
  • A retired couple looking at a map on a sunny balcony overlooking a beautiful coastal town. 10 Countries to Retire Where $150K Is More Than Enough
  • A happy retiree working on a laptop on a sunny patio, symbolizing flexible part-time work. 20 Great Part-Time Jobs For Retirees
  • A senior couple smiling while looking at a tablet in a bright, modern kitchen. 5 Crucial Medicare Changes Coming Soon
  • A senior couple happily unpacking groceries in a bright, modern kitchen. 9 Ways to Shop at Costco Without a Membership
  • A happy retired couple stands on the porch of a beautiful, sunny home, symbolizing an affordable and joyful retirement. 10 Best Places to Retire That Won't Break the Bank
  • An older man confidently using a laptop in a sunlit home office, symbolizing digital security. 7 Common Passwords To Avoid
  • A retired couple looking out a window in their bright, downsized modern home. 11 Mistakes to Avoid When Downsizing Your Home
  • A retired couple smiling on a balcony overlooking a scenic coastal village at sunset. 12 Best Countries to Live Perfectly Well on Social Security

Newsletter

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

Related Articles

10 Best Spots in the U.S. to Spend Your Retirement Years

Discover the 10 best retirement spots in the USA, featuring destinations that perfectly balance tax…

Read More →

10 Most Important Retirement Age Milestones You Need to Consider

Age 72 “Because Social Security is a guaranteed monthly payment that is adjusted for inflation,…

Read More →

30 Things That You Really Don’t Need as a Retiree

FILES If we were to follow experts ‘advice, we should organize important files into four…

Read More →

Be Careful! 5 Dangerous Scams Targeting Retirees

A smiling woman organizes her files to stay vigilant against fraud and protect her retirement…

Read More →

Avoid These 20 Cities If You Want a Worry-Free Retirement

Discover the worst cities for retirees based on cost of living, taxes, crime, and healthcare…

Read More →
A happy retired couple walks along a sunny coastal boardwalk at sunset.

12 Locations You’ll Love to Retire To

Discover 12 exceptional U.S. retirement locations carefully selected for their healthcare access, tax friendliness, affordability,…

Read More →

6 Warning Signs Your Retirement Money Won’t Last

Nobody wants to be broke in retirement. Unless you prepare very well, you might discover…

Read More →

5 Compelling Reasons to Consider Retiring Later Than Planned

You will have the opportunity to give back Most of us appreciate and are thankful…

Read More →

Best Multivitamins For Over 50s

Best Multivitamin for Women Over 50:  One A Day Women’s 50+ Healthy Advantage – The One…

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.