Elder Financial Abuse: Protection and Recovery Resources
By Administration on Aging | 7 min read
Prevent and report elder financial abuse. Warning signs, protection strategies, and recovery resources.
Elder financial abuse costs seniors billions annually. Warning signs include: Sudden changes in financial documents, Unusual bank account activity, Missing belongings or cash, New "friends" or caregivers, Confusion about financial matters, Unpaid bills despite adequate income. Protection strategies: Limit access to accounts, Use direct deposit for benefits, Monitor accounts regularly, Report suspicious activity to Adult Protective Services.\n\n**Related Resources**\n- [Financial Planning Tools](/tools)\n- [Budget Calculator](/budget-planner)\n- [Credit Guide](/category/Debt%20%26%20Credit)\n- [Money Saving Tips](/category/Save%20Money)