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Your email address will not be published.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 retired man at his kitchen table reviewing a Social Security denial letter in soft morning light. The Social Security Appeal Process Explained Step by Step
  • A senior couple sits at a sunlit wooden table reviewing their credit card benefits over morning coffee. The Credit Card Perks Retirees Overlook Every Single Month
  • An older couple in a cozy living room reviews a bank statement with a magnifying glass as paper money-airplanes float up. 10 Subscription Services Retirees Are Cancelling to Save Money
  • A female retiree sitting at her sunlit dining table with a health planner and pen, reflecting on her retirement healthcare plan. The Medicare Preventive Services Most Retirees Never Use
  • An older couple smiling as they unpack boxes in a sunlit living room with desert views outside. What Happens to Your Medicare If You Move to a Different State
  • An illustration of a retired man stepping off a calendar page onto green stepping stones labeled Special Enrollment. The Medicare Special Enrollment Periods Most Retirees Never Use
  • A retired man at his wooden kitchen table examines a prescription pill bottle alongside documents and a calculator in morning light. Why Your Medicare Part D Plan Might Cost More Next Year
  • A gouache illustration of a retired couple on a porch looking at a glowing path emerging from an envelope, symbolizing a path forward. The IRMAA Appeal Most Retirees Don't Know They Can File
  • Ink and watercolor illustration of reading glasses, an apple, and a hearing aid case on a wooden table. What Medicare Actually Covers for Dental, Vision, and Hearing
  • An editorial ink and watercolor illustration of an older adult standing before a giant calendar marked 65, symbolizing Medicare timing. The Medicare Enrollment Mistake That Triggers a Lifetime Penalty

Newsletter

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

Related Articles

12 Smarter Options You Should Try Before Raiding Your Retirement Funds

Get a PPP Loan If you are a small-business owner or entrepreneur, you can take…

Read More →
A happy retired couple standing on a sunny balcony overlooking the sea, symbolizing a dream retirement lifestyle.

20 Easy Ways to Live the Retirement Life of Your Dreams

Discover 20 practical and actionable ways to build a fulfilling, active, and joyful retirement life…

Read More →
A retired couple walks down a peaceful, tree-lined suburban sidewalk during the warm golden hour.

10 Best Retirement Cities With Peaceful Neighborhoods

Discover the 10 best retirement cities in the U.S. offering peaceful neighborhoods, excellent healthcare access,…

Read More →

19 Successful Ways to Save Money for Retirement

Don’t Panic If you’re taking money out of investments during a downturn, you’re not ‘saving’…

Read More →

11 Travel Accessories Every Senior Should Have

Now that we can travel again, after all this time of staying between only four…

Read More →
A senior couple reviews financial plans on a tablet in a bright, modern kitchen.

11 Social Security Mistakes That Could Ruin Your Retirement

Discover the most critical Social Security claiming mistakes, from triggering the earnings penalty to miscalculating…

Read More →
A retired couple reviews financial documents together in a bright, modern kitchen.

Watch Out for These 30 Things That Could Ruin Your Retirement

Discover the 30 critical financial, healthcare, and lifestyle mistakes that could ruin your retirement and…

Read More →

We Found The Best 20 Neighborhoods for Retirees

10. West Roxbury — Boston If you want to live in a quiet, tight-knit community…

Read More →

Are you Self Employed? Here’s The Best Retirement Plan For You

SEP IRA SEP IRA comes from Simplified Employee Pension Individual Retirement Arrangement, and it has…

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.