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 Iakov Filimonov from Shutterstock

Always demanding money

Your relatives, close friends or even spouse might know how giving you can be and might take advantage of that at some point. If you experience recurring demands to give away your money, they might be trying to abuse your willingness to help.

This case happens particularly if the elder one has trouble remembering this type of situation or suffers from memory loss. It can’t get crueler than this, but it might happen.

The best thing you can do is note down everytime you give away money. Like this, you get to keep a record and remember how many times you helped someone.

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Your email address will not be published.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 tote bag filled with fresh groceries sitting on a wooden counter next to a long itemized receipt and a fountain pen. 8 Grocery Rewards Programs Worth Joining
  • Illustration of an earnings chart with a red zero missing record, accompanied by a brass ruler and fountain pen. 7 Social Security Record Errors Worth Fixing Early
  • Illustration of three senior couples dancing shag, two-step, and ballroom styles across a lit outdoor terrace at sunset. 11 Retirement Towns With Active Dance Clubs and Social Groups
  • Illustration of an older couple walking through stone arches toward a view of a city and the US Capitol at sunset. 10 Social Security Benefits Spouses Often Forget to Ask About
  • A man scans his smartphone at a grocery store self-checkout register displaying itemized savings on the screen. 9 Store Programs That Reward Frequent Shoppers
  • Older adults sculpt clay pottery at workstations in a bright art studio filled with shelves of ceramic bowls. 10 Towns With Great Senior Centers and Full Activity Calendars
  • A smiling older couple prepares bicycles mounted on the back of an SUV along a scenic coastal cliff at sunset. 11 Splurges Retirees Say They'd Make Again
  • Older woman in a green coat holding a package and looking at her smartphone beside snow-covered mailboxes outdoors. 12 Scams Targeting Retirees During the Holidays
  • A senior man in glasses opens mail marked "Important Tax Return Document Enclosed" inside a home entryway. 9 Tax Forms Retirees Should Expect in the Mail
  • A man reading a document in a woodworking shop next to a workbench and a wall calendar. 7 Signs Your Tax Bracket Will Change Next Year

Newsletter

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

Related Articles

A retirement-age couple loads boxes into their car with a blurred city skyline in the background during golden hour.

Why More Retirees Are Leaving Big Cities In 2026

Discover why retirees are leaving big cities in 2026 to find affordable housing, better tax…

Read More →
Senior couple in a sunlit living room with large windows, one looking outside and one browsing a wooden bookshelf.

8 Reasons Retirees Are Choosing Co-Ops Over Condos

Discover 8 compelling reasons retirees are choosing co-ops over condos, from lower upfront purchase prices…

Read More →

10 Expenses You Don’t Have To Worry About in Retirement

Mortgage – According to the Bureau of Labor Statistics, 61.7% of Americans between the age of…

Read More →

15 Places to Retire Where $200,000 Goes a Long Way

Discover 15 highly affordable US cities where a $200,000 retirement nest egg and Social Security…

Read More →

22 Companies With Shockingly Good Benefits, Including Amazing 401(K) Plans!

A healthcare professional in grey scrubs stands in a sunlit garden, reflecting the balance great…

Read More →

Retiring Soon? Here’s How To Find the Perfect Home in Retirement

Wide, sunlit hallways with smooth wooden floors and large windows ensure easy navigation in your…

Read More →
A panoramic watercolor illustration showing a transition from green mountains to red deserts and blue lakes.

11 Nature-Filled Destinations Perfect After 60

Discover 11 beautiful, nature-filled retirement destinations that perfectly balance scenic outdoor living with healthcare access…

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 →
An editorial watercolor illustration of a 2026 calendar filled with retirement trend icons like a laptop, a house, and a health monitor.

8 Retirement Trends Changing Senior Life In 2026

Discover the 8 crucial retirement trends shaping senior life in 2026, from smart home aging…

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.