Protecting Aging Parents from Scams: Insights by Cameron Huddleston

https://getcarefull.com/

In this episode of Peaceful Life Radio, hosts David Lowry and Don Drew welcome Cameron Huddleston, an award-winning personal finance journalist and author. They discuss the alarming rise in scams targeting adults 60 and older, who lost an estimated $61.5 billion in 2023 alone. Cameron shares practical tips on how to identify and prevent these scams, emphasizing the importance of conversations between adult children and their aging parents about financial safety. Learn about red flags, proactive measures, and essential resources to protect your loved ones. Don't miss Cameron's guidance on how to approach these conversations sensitively and effectively.

00:00 Introduction: Shocking Statistics on Elder Fraud
00:37 Meet Our Guest: Cameron Huddleston
01:47 Why Scammers Target Older Adults
05:42 Common Scams and Red Flags to Watch For
12:29 How to Talk to Your Parents About Scams
13:31 Steps to Take if Your Parent is Scammed
18:20 Essential Financial Conversations with Aging Parents
25:44 Proactive Steps to Protect Against Scams
28:18 Conclusion: Staying Vigilant Against Fraud

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