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Money Smart Success Stories - Summer/Fall 2015

Money Smart for Older Adults: Success Stories From the First Two Years

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Much has taken place since the 2013 launch of the Money Smart for Older Adults (MSOA) curriculum, which was created by the FDIC and the Consumer Financial Protection Bureau (CFPB) to help teach older individuals and their caregivers about how to prevent financial exploitation and plan for a secure financial future. The Baby Boom population—those born in 1946 through 1964—is increasingly entering retirement. Unfortunately, there is also an increase in the financial abuse of older adults. The U.S. Department of Health and Human Services estimates that approximately five million older adults are victims of elder abuse every year. There is even an annual World Elder Abuse Awareness Day (held in mid-June). In this edition of Money Smart News, we highlight several organizations that are successfully using the MSOA curriculum to inform and protect seniors and their caregivers:

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