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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

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?