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Financial & Legal

Financial & Legal
ConsumerAffairs.Com News for Seniors
Scams, lawsuits, prosecutions and warnings from ConsumerAffairs.Com
Baby Boomers Face Longer Lives with Fewer Assets Many may outlive their money. Seniors Lose 51% of Buying Power Since 2000 Cost-of-living adjustments don't keep up with inflation. 10 Million Boomers Face Alzheimer's Caseload likely to more than double as population ages. Robotic Dog a Good Companion For Seniors? Nursing home study finds no difference between robots and real dogs. Retirees May Face Unexpected Lifestyle Changes Rising cost of health care threatens seniors' financial security. Payday Lenders Targeting Seniors Report finds lenders clustering near senior housing. Seniors Should be Wary of Reverse Mortgage Scams Scams involving reverse mortgages becoming common. Tax Breaks for Family Caregivers Elderly parents may qualify as dependents. Fast-Acting Alzheimer's Therapy Excites Researchers New therapy gets results within minutes, study claims. Electric Mobility Settles Misrepresentation Charges Rascal Scooter sales practices challenged by Washington state. California Shuts Down Annuity Sales Scam Salesmen posed as lawyers, preyed on vulnerable seniors. Sensitivity to Caffeine Increases with Age Seniors may have to cut back, or even eliminate, caffeine from their diet. Time to Have an Important Talk with Elderly Parents Holiday togetherness offers a chance to catch up on vital matters. Too Much Sugar May Increase Alzheimer’s Risk Exact mechanism unknown but research highlights risk. Feds List Worst Nursing Homes 52 facilities make the 'worst of the worst' list.