FINANCES

Free resources for older people and those that are supporting them.

Independent advocacy for older people in the realm of money and personal finances is crucial to protect against financial exploitation, ensure informed decision-making, and promote financial well-being. As individuals age, they may face unique financial challenges, including managing retirement funds, navigating complex financial products, and safeguarding their assets. Independent advocates can empower older individuals by providing guidance, clarifying financial options, and advocating for transparent and fair financial practices. This support is particularly important in preventing financial abuse, where older people may be vulnerable to scams, fraud, or manipulation. Advocates can educate older individuals about potential risks, help them make informed financial decisions, and intervene if they suspect any form of financial exploitation.

Moreover, independent advocacy in the realm of money and personal finances helps older individuals maintain control and autonomy over their financial affairs. Advocates can assist in setting up advanced directives, creating financial plans that align with the individual’s goals, and ensuring that their wishes are respected in matters such as estate planning. By promoting financial literacy and advocating for the rights of older individuals in financial matters, advocates contribute to the overall well-being of older people, allowing them to navigate their financial landscape with confidence and security.