Finance Fortress: Practical Strategies for Retirees Against Scams & Fraud

Phil's Tax Hacks

English - March 21, 2024 09:00 - 23 minutes - 42.4 MB - ★★★★★ - 4 ratings
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Previous Episode: Understanding Annuities: The Good, Bad & Ugly

Next Episode: Tax Mistakes to AVOID in 2024 (Part 1)

Just like any other threat, learning to recognize and avoid scams has become crucial for today's retirees. Join us as we discuss essential steps you can take to protect yourself against the increasing prevalence of scams and identity theft. Phil will offer real-life stories and practical advice to help you keep your finances safe in today’s digital age.

Here’s some of what we discuss in this episode:

1:35 – Real stories of financial scams
5:43 – Phishing, vishing, and smishing
8:20 – Examples of different scams
11:54 – Recognizing the signs of a scam
15:19 – Protections you can put in place to avoid being a victim of a scam

Resources for this episode:

CNBC article:

https://www.cnbc.com/2023/10/08/how-one-retired-woman-lost-her-life-savings-in-a-common-elder-fraud-scheme.html

Thomson Reuters article:

https://www.thomsonreuters.com/en-us/posts/investigation-fraud-and-risk/senior-citizens-financial-scams/

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts