Do you have an elder family member, loved one, or neighbor who is struggling with managing their home, finances, or personal care?
Almost all of us know someone who is vulnerable in this way.
The Consumer Financial Protection Bureau, together with the Securities and Exchange Commission, has issued a consumer advisory and investor bulletin to help you plan for your own future and to provide tips on helping older loved ones who may need help managing their money. You can read more about it here:
http://www.consumerfinance.gov/blog/planning-for-financial-decisions-as-you-age/
Check out the blog and the advisory to learn tips on getting your documents in order and watching out for financial exploitation. It also has many suggestions on ways to help your elder relatives and friends with their finances. Working together across generations can help our elder neighbors have a safe and secure financial future.
We can all be voices for the vulnerable