@retiresmarttony: Nearly 1 in 10 adults over 50 have encountered online romance scams—but the real reason they fall victim isn't what you think 💔 After widowhood or retirement, depression rates spike nearly nine times higher than married peers. This profound loneliness creates an opening that scammers ruthlessly exploit. These criminals don't rush—they spend months building trust. They join online hobby groups, send daily messages, and slowly isolate victims from family and friends. Here's the devastating part: over half of victims never report the theft because of shame and embarrassment. This silence has allowed fraud losses for adults 60 and over to increase fourfold from 2020 to 2024—jumping from $600 million to $2.4 billion. The emotional vulnerability after losing a spouse, combined with social isolation, creates the perfect storm for financial exploitation. For help protecting your retirement savings from financial threats, schedule a call through the link in my bio. Follow @RetireSmartTony for more retirement planning insights. Slalom Wealth Management is a registered investment adviser. This platform is solely for informational purposes and is not offering advisory services or sales of securities. Investing involves risk and possible loss of principal capital. Comments by viewers and/or recognitions are no guarantee of future investment outcomes and do not ensure that a viewer will experience a higher level of performance or results. Public comments posted on this site are not selected, amended, deleted, or sorted in any way. If applicable, certain editing of personal identifiable information and misinformation may be deleted. Slalom Wealth Management is a registered investment adviser serving families that are preparing for retirement or have recently retired. #RomanceScams #RetirementPlanning #FinancialSafety #ElderFinance #ProtectYourSavings
Tony Matheson, CFA, CFP®
Region: US
Monday 16 March 2026 14:55:37 GMT
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JB :
You are so correct. I been there
2026-03-31 22:42:01
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