Security tips for kupuna and caregivers

Many of us will need assistance as we age. Here are some tips for protecting your loved ones’ finances.

Buying a Multi-generational Home

Is it time for your ohana to begin sharing a home? Maybe your parents need to move in to make it easier to ensure their safety as they age. Or maybe your adult kids need a place to live as they start their own families. Regardless of your situation, these are the features you should look for and the questions you need to ask as you merge your family into one home.

Protect Your Elders from Scams

Unfortunately, many scammers target older adults because they may have large sums of money saved, and they may not be as savvy online or over the phone. In fact, Hawaii’s elderly lost $5.4 million to fraud and scams in 2020.

So, how can we keep our kupuna safe from fraud? A combination of education and oversight will be your best option.

Budgeting on a fixed income

HawaiiUSA’s own Kim Dodson, Financial Wellness Partner and Certified Credit Union Financial Counselor, gives budgeting tips to kupuna and those living on a fixed income. See the interview with Diane Ako on KITV’s Aging Well.

5 Steps to take if you discover fraud

Scammers are skillful at getting people to trust them with their money and personal information. They’ll bombard you with calls, texts, or emails promising you the world, or pretend to help you out of a (made up) sticky situation. But all they want is your money and private information. They are out to steal your account numbers, passwords, or Social Security numbers.