Older adults rely more on trust in decision making. It could open them up to scams.
Each year, older adults lose more than $28 billion to financial scams targeting the elderly. Nearly three-quarters of that money is stolen by people the elderly adult knows – people they trust. According to new research, this vulnerability may be in part because older adults have a harder time overcoming their first impressions of people’s trustworthiness when […]
Read more "Older adults rely more on trust in decision making. It could open them up to scams."