How Seniors Can Protect Themselves from Scams

As seniors continue to be a growing segment of the population, they have increasingly become targets for financial scams and fraudulent activity. Whether it's over the phone, online, or even at the front door, scammers often take advantage of older adults' trusting nature. The good news is that there are practical steps seniors can take to protect themselves and their assets.

1. Stay Informed About Common Scams
Knowledge is power. The more aware seniors are about the latest scams, the less likely they are to fall victim. Common scams targeting seniors include:

• Medicare scams: Fake representatives ask for personal information or claim a new card is required.
• IRS or government impersonation: Scammers threaten arrest unless immediate payment is made.
• Tech support fraud: A pop-up or call falsely claims there's an issue with the senior’s computer.
• Sweepstakes and lottery scams: Victims are told they’ve won money but must pay a fee to collect it.
• Romance scams: Seniors may be targeted through social media or dating sites.

2. Guard Personal Information
Seniors should never give out personal or financial information over the phone or online unless they are certain of the recipient's identity. Legitimate organizations will never ask for Social Security numbers, bank details, or Medicare numbers over unsolicited calls or emails.

3. Be Cautious with Unknown Callers or Emails
If something feels off, trust your instincts. Seniors should:

• Hang up on suspicious calls.
• Avoid clicking on links or downloading attachments from unknown emails.
• Let calls go to voicemail if they don’t recognize the number.

4. Use Strong Passwords and Secure Devices
Online safety is just as important:

• Use complex passwords and update them regularly.
• Enable two-factor authentication when possible.
• Install antivirus and anti-malware software.
• Avoid using public Wi-Fi for banking or financial tasks.

5. Consult Trusted Individuals
Before making any financial decision—especially if it’s being pressured—seniors should consult with a trusted family member, financial advisor, or attorney. Scammers often create a false sense of urgency; slowing things down is a powerful defense.

6. Report Suspicious Activity
If a scam attempt occurs, it should be reported. Seniors (or their families) can contact:

• The Federal Trade Commission (FTC): reportfraud.ftc.gov
• The AARP Fraud Watch Network for updates and support
• Local police or senior protection agencies

Final Thought
​As a senior real estate professional, I often work with older adults navigating major life transitions. While making smart housing decisions is critical, staying safe from scams is just as important. With the right knowledge and support, seniors can confidently protect themselves and their financial future.