10 Worst Mistakes People Make After Retirement
5) Failure To Be Aware Of Frauds and Scams
![frauds and scams](https://www.thefinancialword.com/wp-content/uploads/2015/11/frauds-and-scams-730x350.jpg)
Retirees unfortunately are among the most targeted for scams. Be sure to
![Advertisement](https://www.thefinancialword.com/wp-content/uploads/2015/03/Advert300.gif)
consult an advisor prior to making any investment or laying out a large amount of cash on anything. Scammers will prey upon your desire to grow your savings.
Even if you are not retired or about to retire, always keep a certain level of skepticism when it comes to the investments being presented to you. Do your research first: ask about it and search for it online. You might just find out that this whole system is just an elaborate way for people to get money out of you.
![Advertisement](https://www.thefinancialword.com/wp-content/uploads/2015/03/Advert300.gif)
![Advertisement](https://www.thefinancialword.com/wp-content/uploads/2015/03/Advert300.gif)