Learning is a lifelong endeavor — especially when it comes to financial literacy. The good news is it’s never too late to be financially literate. Older adults have put in their time and deserve a livelihood that is secure, money smart, and comfortable.

On this page, you can find tips (below) from articles, a video that can get you thinking about nontraditional pathways towards financial literacy, and a variety of resources to help your specific financial situation.

tips

Most of us dream about achieving financial freedom by the time we reach our 60s. Unfortunately, this is not always possible… but, it’s not all bad news. We actually have the ability to take control of our financial future, no matter how old we are.

Financial Planning Advice for Seniors
While it’s wise to consult a professional when it comes to financial advice for seniors, following are pieces of financial advice that seniors should take into consideration as they plan their budgets. 
5 Tips to Find a Financial Advisor for Seniors
Working with a financial advisor can help you create a long-term financial plan and break down how to handle your spending each month to achieve it. Here are a few tips to find someone that can help you financially.
Protecting Seniors from Financial Abuse
Family and friends can also help by being aware of the many ways in which an older person may be financially exploited.
Financial Tips for Low to Mid Income Seniors
One-third of households headed by an older adult has no money left over at the end of the month or is in debt after meeting essential expenses, according to the Institute on Assets and Social Policy. Use these tips to start making steps towards a better financial state.

resources

Financial Tips for Seniors
The Federal Deposit Insurance Corporation’s 15 tips for protecting your finances, how to steer clear of scams, and more overview financial topics for seniors.
Money Smart for Older Adults
Money Smart for Older Adults was developed jointly by the Federal Deposit Insurance Corporation (FDIC) and the Consumer Financial Protection Bureau. The curriculum consists of an Instructor Guide, PowerPoint slides, and a take-home resource guide.
CFPB’s Tools for Financial Security in Later Life
Use these resources to help older adults and their caregivers navigate some of the important decisions that can affect later-life financial security.
Efficient Financial Planning Tips for Senior Citizens
Here are a few senior citizen financial planning options for you to explore to fulfill your monthly requirements and some more.
The Ultimate Guide to Senior Finance
Fiscal fitness topics, tips, and helpful resources for the “Over Fifty” crowd.
Top 10 Financial Scams Targeting Seniors
Financial scams targeting seniors have become so prevalent that they’re now considered “the crime of the 21st century.” Review the National Council on Aging’s (NCOA) list , so you can identify a potential scam.
AARP Foundation Finances 50+
AARP Foundation Finances 50+ covers the basics of finances, including: goal setting and budget planning; debt reduction and credit repair; asset building and protection. All materials are available for download free of charge.

for those caring for seniors

7 Tips to Help Senior Loved Ones with Financial Management
Whether your senior loved one spent their entire life taking care of finances themselves or largely relied on a spouse to do so, aging increases certain challenges and risks with financial management that they’re not prepared for. It’s important for families to get involved and help make sure your loved ones stay in a good place financially as they age.
Managing Someone Else’s Money
Millions of Americans manage money or property for a loved one who’s unable to pay bills or make financial decisions. To help financial caregivers, the CFPB released easy-to-understand guides.

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