In this episode, we're talking about the top scams you're likely to see in retirement and how you can avoid them.

Did you know that more than $28 BILLION—that's a billion with a B—is stolen from those aged 60 and older each year?

So, how do you avoid becoming a depressing statistic if you're in retirement or approaching retirement? Today, we will talk to an expert on banking for retirees. He's seen it all, and he's ready to talk to us about what you're likely to see—and how to avoid falling victim.

Host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. Our special guest is Tony Brancato, the Head of Product at Charlie, a company that focuses on 62+ banking.

Before we start, remember this isn't financial advice. So make sure to do your research and consult your own experts before acting on anything you learn here. Additionally, we need to acknowledge our advertising relationship with Charlie. Even though they are one of our partners, it doesn't affect our opinions.

You can listen to the podcast wherever you get your podcasts:
Listen on Apple Podcasts
Listen on Google Podcasts
Listen on Spotify

Scam and fraud can be anywhere — what you need to know

Scams are plentiful and fraudsters are becoming more sophisticated. It's important to be vigilant. Our guest talks about some of the most common scams and what you need to know about avoiding them. Plus, he'll share some tools available for those over the age of 62 with the help of the banking product Charlie. In the meantime, check out our resources and further information about scams and frauds:
FOMO, Fraud, and Financial Ruin: Lessons From the Crypto Craze
Avoid These 14 Holiday Scams and Frauds
How to Tell If Fraudsters Have Opened Bank Accounts in Your Name
7 Ways to Protect Your Retirement From Investment Fraud
Don't Fall for These 5 Types of Costly Small-Business Scams
Free Program Uses AI to Spot Scams Before They Trap You
How to Avoid Mail Delivery Phishing Scams
7 Text Message Scams to Avoid and Report Immediately
8 Job Scams and 10 Signs to Watch For

Money tips, tricks and resources for financial freedom

If you want non-scammy help with various aspects of your finances, we've got you covered. Check out our website for money tips and resources:
How to Raise Your Credit Score Without Getting Ripped Off
Debt Consolidation vs. Debt Settlement: 5 Things You Need To Know
7 Ways to Get Your FICO Credit Score for Free
How to Save on Shopping Using Credit Card Perks
How I Slashed $25,000 in Credit Card Debt to Zero
5 Tips to Deal With Debt When Interest Rates Are Rising
Good vs. Bad Debt: A Quick Guide to Borrowing Wisely for Financial Success
The Right Advisor Can Double Your Retirement Savings: 4 Tips to Find One
5 Tips to Reduce Your Retirement Savings Anxiety
5 Fast Ways to Turbocharge Your Retirement Savings
9 Safe and Smart Investments for Retirees
Your Guide to Alternative Investments
The Investing Combo Linked to a Better Retirement Lifestyle

Meet this week's guest, Tony Brancato

Tony Brancato is the Head of Product at Charlie, the new standard for 62+ banking.

Tony has developed digital products in the healthcare, media, and fintech industries for over 20 years.

He held product leadership positions at several media companies, including Patch.com, Time Inc., and most recently, served as VP Product and Audience Development at The New York Times.

Tony also served in a senior product role at Amazon, as General Manager, Advertising at IMDB.com, Chief Product Officer at Renew Health, and Executive Vice President, Platform at Olive, the automation and intelligence company working to bridge the divide in healthcare.

Tony is the founder of The Influence Project, a data-driven cultural preservation initiative, and a lecturer at UCLA.

He is a graduate of Brown University.
Website
Facebook

Don't listen to podcasts?

A podcast is basically a radio show you can listen to anywhere and anytime, either by downloading it to your smartphone or by listening online. They're awesome for learning stuff and being entertained when you're in the car, doing chores, jogging or riding your bicycle.

You can listen to our latest podcasts here or download them to your phone from any number of places, including Apple, Spotify, RadioPublic and RSS.

If you haven't listened to our podcast yet, give it a try, then subscribe. You'll be glad you did!

About the hosts

Stacy Johnson founded Money Talks News in 1991. He's a CPA, and he has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Miranda Marquit, MBA, is a financial expert, writer and speaker. She's been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.

In this episode, we're talking about the top scams you're likely to see in retirement and how you can avoid them.
Did you know that <a href="https://press.aarp.org/2023-06-15-AARP-Report-Finds-28-Billion-a-Year-is-Stolen-from-US-Adults-Over-60">more than $28 BILLION</a>—that's a billion with a B—is stolen from those aged 60 and older each year?
So, how do you avoid becoming a depressing statistic if you're in retirement or approaching retirement? Today, we will talk to an expert on banking for retirees. He's seen it all, and he's ready to talk to us about what you're likely to see—and how to avoid falling victim.
Host <a href="https://www.moneytalksnews.com/author/stacy/">Stacy Johnson</a> is joined by financial journalist <a href="https://www.moneytalksnews.com/author/mirandamarquit/">Miranda Marquit</a>. Listening in and sometimes contributing is producer <a href="https://www.moneytalksnews.com/author/aaronfreeman/">Aaron Freeman</a>. Our special guest is Tony Brancato, the Head of Product at <a href="https://www.charlie.com/">Charlie</a>, a company that focuses on 62+ banking.
Before we start, remember this isn't financial advice. So make sure to do your research and consult your own experts before acting on anything you learn here. Additionally, we need to acknowledge our advertising relationship with Charlie. Even though they are one of our partners, it doesn't affect our opinions.
You can listen to the podcast wherever you get your podcasts:
<ul>
<li>Listen on <a href="https://podcasts.apple.com/us/podcast/money/id1465774878">Apple Podcasts</a></li>
<li>Listen on <a href="https://www.google.com/podcasts?feed=aHR0cHM6Ly9hcGkucG9kY2FjaGUubmV0L3Nob3dzL2ViYzg4ZWYxLTczYmUtNDU4MC1hYmFiLTQ4M2FkYjQ0ZDA5Yy9mZWVk">Google Podcasts</a></li>
<li>Listen on <a href="https://open.spotify.com/show/4XzsoL58984FkzefrRay0c">Spotify</a></li>
</ul>
Scam and fraud can be anywhere — what you need to know
Scams are plentiful and fraudsters are becoming more sophisticated. It's important to be vigilant. Our guest talks about some of the most common scams and what you need to know about avoiding them. Plus, he'll share some tools available for those over the age of 62 with the help of the banking product Charlie. In the meantime, check out our resources and further information about scams and frauds:
<ul>
<li><a href="https://www.moneytalksnews.com/fomo-fraud-and-financial-ruin-lessons-from-the-cypto-craze/">FOMO, Fraud, and Financial Ruin: Lessons From the Crypto Craze</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/avoid-these-14-holiday-scams-and-frauds/">Avoid These 14 Holiday Scams and Frauds</a></li>
<li><a href="https://www.moneytalksnews.com/how-to-discover-if-crooks-have-opened-bank-accounts-in-your-name/">How to Tell If Fraudsters Have Opened Bank Accounts in Your Name</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/7-ways-to-protect-your-retirement-from-investment-fraud/">7 Ways to Protect Your Retirement From Investment Fraud</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/dont-fall-for-these-types-of-costly-small-business-scams/">Don't Fall for These 5 Types of Costly Small-Business Scams</a></li>
<li><a href="https://www.moneytalksnews.com/free-program-uses-ai-to-spot-scams-before-they-trap-you/">Free Program Uses AI to Spot Scams Before They Trap You</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/how-to-avoid-mail-delivery-phishing-scams/">How to Avoid Mail Delivery Phishing Scams</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/7-text-message-scams-to-avoid-and-report-immediately/">7 Text Message Scams to Avoid and Report Immediately</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/8-job-scams-and-10-signs-to-watch-for/">8 Job Scams and 10 Signs to Watch For</a></li>
</ul>
Money tips, tricks and resources for financial freedom
If you want non-scammy help with various aspects of your finances, we've got you covered. Check out our website for money tips and resources:
<ul>
<li><a href="https://www.moneytalksnews.com/how-to-raise-your-credit-score-without-getting-ripped-off/">How to Raise Your Credit Score Without Getting Ripped Off</a></li>
<li><a href="https://www.moneytalksnews.com/debt-consolidation-vs-debt-settlement-things-you-need-to-know/">Debt Consolidation vs. Debt Settlement: 5 Things You Need To Know</a></li>
<li><a href="https://www.moneytalksnews.com/hallelujah-5-ways-get-your-fico-score-for-free/">7 Ways to Get Your FICO Credit Score for Free</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/how-to-save-on-shopping-using-credit-card-perks/">How to Save on Shopping Using Credit Card Perks</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/how-i-slashed-25000-in-credit-card-debt-to-zero/">How I Slashed $25,000 in Credit Card Debt to Zero</a></li>
<li><a href="https://www.moneytalksnews.com/5-tips-to-deal-with-debt-when-rates-are-rising/">5 Tips to Deal With Debt When Interest Rates Are Rising</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/good-vs-bad-debt-a-quick-guide-to-borrowing-wisely-for-financial-success/">Good vs. Bad Debt: A Quick Guide to Borrowing Wisely for Financial Success</a></li>
<li><a href="https://www.moneytalksnews.com/the-right-advisor-can-double-your-retirement-savings-tips-to-find-one/">The Right Advisor Can Double Your Retirement Savings: 4 Tips to Find One</a></li>
<li><a href="https://www.moneytalksnews.com/tips-to-reduce-your-retirement-savings-anxiety/">5 Tips to Reduce Your Retirement Savings Anxiety</a></li>
<li><a href="https://www.moneytalksnews.com/5-fast-ways-to-turbocharge-your-retirement-savings/">5 Fast Ways to Turbocharge Your Retirement Savings</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/safe-and-smart-investments-for-retirees/">9 Safe and Smart Investments for Retirees</a></li>
<li><a href="https://www.moneytalksnews.com/your-guide-to-alternative-investments/">Your Guide to Alternative Investments</a></li>
<li><a href="https://www.moneytalksnews.com/the-investing-combo-linked-to-a-better-retirement-lifestyle/">The Investing Combo Linked to a Better Retirement Lifestyle</a></li>
</ul>
Meet this week's guest, Tony Brancato
Tony Brancato is the Head of Product at Charlie, the new standard for 62+ banking.
Tony has developed digital products in the healthcare, media, and fintech industries for over 20 years.
He held product leadership positions at several media companies, including <a href="http://Patch.com">Patch.com</a>, Time Inc., and most recently, served as VP Product and Audience Development at The New York Times.
Tony also served in a senior product role at Amazon, as General Manager, Advertising at <a href="http://IMDB.com">IMDB.com</a>, Chief Product Officer at Renew Health, and Executive Vice President, Platform at Olive, the automation and intelligence company working to bridge the divide in healthcare.
Tony is the founder of The Influence Project, a data-driven cultural preservation initiative, and a lecturer at UCLA.
He is a graduate of Brown University.
<ul>
<li><a href="https://www.charlie.com/">Website</a></li>
<li><a href="https://www.facebook.com/charliefinancialinc">Facebook</a></li>
</ul>
Don't listen to podcasts?
A podcast is basically a radio show you can listen to anywhere and anytime, either by downloading it to your smartphone or by listening online. They're awesome for learning stuff and being entertained when you're in the car, doing chores, jogging or riding your bicycle.
You can listen to our latest podcasts <a href="https://www.moneytalksnews.com/podcasts/">here</a> or download them to your phone from any number of places, including <a href="https://podcasts.apple.com/us/podcast/money/id1465774878">Apple</a>, <a href="https://open.spotify.com/show/4XzsoL58984FkzefrRay0c">Spotify</a>, <a href="https://radiopublic.com/money-6rRgm9">RadioPublic</a> and <a href="https://api.podcache.net/shows/ebc88ef1-73be-4580-abab-483adb44d09c/feed">RSS</a>.
If you haven't listened to our podcast yet, give it a try, then subscribe. You'll be glad you did!
About the hosts
Stacy Johnson founded Money Talks News in 1991. He's a CPA, and he has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.
Miranda Marquit, MBA, is a financial expert, writer and speaker. She's been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.

Welcome to Money Talks News: The Podcast, a podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of MoneyTalksNews.com, a leading source of personal finance news and advice since 1991.

Welcome to Money Talks News: The Podcast, a podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of MoneyTalksNews.com, a leading source of personal finance news and advice since 1991.

Money Talks News: The Podcast

The Big Con: Outsmarting the 5 Sneakiest Financial Scams

https://api.omny.fm/orgs/67ee9ddc-11a3-4cec-841d-ac9a015d5b41/clips/025797fc-88cd-414c-844e-b0d20147557f/transcript

Transcript

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