01/23/2026
I run a free service helping families find the right senior community for a senior loved one. Occasionally, my clients have stories about those seniors getting scammed. It happens online, on the phone, or occasionally in person. You can tell your senior loved one about the dangers, but the nature of the scams are always changing. It's impossible to ward them about every single trick.
The most important piece of advice I have for preventing your senior loved one from getting scammed is to develop a habit of discussing financial transactions much earlier than you think you need to. As a rule of thumb:
-Start in their 60s. Kids and parents should each get used to running large financial decisions by one another.
-Discuss smaller transactions that seem a little strange, or are out of the ordinary. For instance, you want to know if someone has offered to write them a bigger check in exchange for a smaller check. Conversely, they could probably help you decide when signing up for a subscription is a good idea.
-Remind each other that anyone trying to rush you to make a decision is acting suspiciously.
Once they are in the habit of discussing their finances with you, it will become second nature. As the years progress and it gets harder to tell when something isn't on the up and up, they'll already be used to reaching out to get your opinion.
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