SAVVY SAVING SENIORS STEPS TO AVOIDING SCAMS: THE WOMEN'S INSTITUTE FOR A SECURE RETIREMENT
"As the only organization to focus exclusively on the unique financial challenges that women face, WISER supports women's opportunities to secure adequate retirement income through research, workshops and partnerships."
"WISER has also been the driving force behind a series of state and local events on long-term financial security aimed at leveling the playing field for women."
The Women’s Institute for a Secure Retirement in partnership with the National Council on Aging and the Bank of America Charitable Foundation has developed the Savvy Saving Seniors: Steps to Avoiding Scams toolkit to help educate seniors on how they can protect themselves against financial fraud.
The Savvy Saving Seniors: Steps to Avoiding Scams toolkit includes the following:
- Top 10 Scams Targeting Seniors
- Tips for Avoiding Scams & Swindles
- Tips for Avoiding Health Insurance Fraud
- 5 Tips for Avoiding Telemarketing Scams
- Tips for Avoiding Home Repair or Contractor Fraud
- Work at Home Scams
- Common Ways to Steal Identity
- Protect Your Loved Ones
- Resources to Report Scams & Financial Abuse
Training guide- a 60-minute program designed to provide older adults with a basic understanding of the types of senior scams and how seniors can protect themselves from becoming a victim.
Participant handbook - quizzes older adults on their current knowledge of senior scams.
Warning signs of elder financial abuse may include:
- Failure to pay bills
- Failure to buy food or medication
- Large amounts of money withdrawn or transferred
- Missing personal property or belongings
- Isolation of the elder from friends or family
Other helpful resources on the WISER website include:
-Don't Be A Victim: Protect Yourself and Those You Love From Financial Abuse
-Protecting Your Income: Tips for Elders
-WISER Special Report: Senior Fraud
-Financial Abuse Prevention Checklist
-WISER's Too Good to Be True Checklist
The Women's Institute for a Secure Retirement aims to help women, educators and policymakers understand the important issues surrounding women's retirement income.
The institute developed the National Resource Center on Women and Retirement Planning which helps to educate older women and younger women on financial planning, Social Security, divorce and finances, pay equity, pensions, savings and investments, banking, home-ownership, long-term care, health insurance, Medicare, and disability insurance through workshops, consumer publications, fact sheets, booklets and newsletters.
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