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ObjectFI1 karma
People of all ages are susceptible to scams. Is there any indication that someone that falls for scams when younger will be especially susceptible to scams later in life? Or does being a victim when younger make people better at detecting scams as they age?
Also, are there any financial instruments that are especially helpful for vulnerable people?
Thanks!
ObjectFI1 karma
Simplifying options is a great point I hadn’t seen mentioned before. Reverse mortgages are interesting in that respect given they’re an option after age 62 with sufficient home equity
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