Retired in USA

Your golden years are your best years! Make them shine!

  • Home
  • Personal Finance
  • Retirement Life
  • Saving & Spending

11 Reckless Ways Seniors Spend Their Money

May 13, 2022 · Updated September 19, 2022 · Personal Finance
money
Photo by Justlight from Shutterstock

Falling victim to scams

As Kevin Prince, the founder and CEO of StratoZen, a leading cybersecurity firm, confirmed, “scams, fraud, and identify theft are definitely targeting retirees 35 times more than other age groups.”

And these scammers are actually pretty scary, as they can micro-target individuals, and have sophisticated ways and legitimate sounding personnel that’s ready to drain anytime the bank accounts of unsuspecting retirees.”

If you want to avoid losing money to a scam, the best way to do it is to educate yourself. You can easily sign up for email alerts about recent scams by visiting ftc.gov/scams. And remember, when it comes to this, it’s better to be safe than sorry!

Pages: 1 2 3 4 5 6 7 8 9 10 11 12

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A woman measuring an empty living room with hardwood floors and a brick fireplace using a yellow tape measure. How Much Home Can You Really Afford on a Retirement Income?
  • Retro illustration of a winding highway dividing a coastal landscape with palm trees and a desert with saguaro cacti. 11 States Seeing the Most Retirees Move In
  • Watercolor illustration of a man standing on a stone terrace overlooking a winding hillside road and a distant city. 8 Social Security Rules That Could Shrink Your Check After a Spouse Dies
  • Watercolor illustration of an open weekly planner showing retirement activities like pickleball, gardening, choir, and hiking. 11 Retirement Hobbies That Let You Make Friends Quickly
  • Winding road through autumn and winter landscape with timeline icons for Nov 28, Direct Deposit, and Jan 13. 12 Dates Between Now and January 13 Every Social Security Recipient Should Know
  • A woman in a tan coat carries a tote bag of groceries along a sunny city sidewalk outside an apartment building. 15 US Cities Where Rent Now Tops $2,000 a Month
  • Illustration of an older woman on a garden bench with a laptop, beside drawings of a globe, books, and headphones. 12 Side Gigs Retirees Can Run Entirely From a Laptop
  • People of various ages sit along a long outdoor dining table in a festive town street during sunset. 11 Retirement Towns Where Thanksgiving Feels Like a Community Event
  • Illustration of a woman guiding a senior citizen away from tangled red tape toward a sunlit stone archway. Social Security Number Stolen? A New Law Could Get You Help Faster
  • Smiling older couple carrying a potted tree toward their suburban home with a moving truck parked behind them. 20 of the Best Towns to Retire in 2027

Newsletter

Get retirement tips and senior living advice delivered to your inbox.

Related Articles

A retired couple smiling while looking at a tablet on a sunny patio.

Best Annuity Rates for Retirees Right Now

Discover the best fixed annuity rates for retirees right now, compare MYGA yields against 401(k)s,…

Read More →
A woman reviews financial documents and charts, showing various investment options.

How to Generate $1,000 a Month in Passive Income During Retirement

Your Next Steps and Final Thoughts Creating an extra $1,000 a month in passive income…

Read More →
A woman in her early 60s working part-time at a cozy bookstore, holding books and smiling warmly.

Working Part-Time? Here’s How Social Security Really Sees You

Learn how working part-time impacts your Social Security benefits, 2026 earnings limits, tax thresholds, and…

Read More →
A senior couple smiling while looking at a tablet on a sunlit porch.

9 States That Still Tax Social Security – and One Dropping the Tax in 2026

Discover the 9 states that still tax Social Security benefits in 2026 and the one…

Read More →
social security

9 States to Live on Your Social Security Check Alone

8. Arkansas Arkansas is the second-best state for seniors seeking ways to maximize their Social…

Read More →
An older couple sitting at a wooden table reviewing financial papers in a warm, sunlit room.

Is Your Pension Keeping Up With Inflation?

Protect your pension income and retirement funds from inflation with actionable strategies to maintain purchasing…

Read More →
states, social security

10 States Where You Can Get the Most Social Security

8. Maryland If you live in Maryland, you will benefit from $1,624 per month. great,…

Read More →
ss payment

Your $914 Social Security Payment Will Arrive This Late!

The SS benefits are modest Social Security benefits are way more modest than most people…

Read More →
retire

10 Things Retirees Hate About Social Security

Congressional stalemate Among all these structural issues with Social Security, there is also a huge…

Read More →
Retired in USA

Your golden years are your best years! Make them shine!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Contact
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Subscribe
  • Unsubscribe
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Do not sell my personal information
  • Request to Know
  • Request to Delete
  • CA Privacy Policy

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2026 Retired in USA. All rights reserved.