For Older Adults
How we make financial decisions can change as we get older. Our questionnaire and financial coaching can inform and protect you.
Get a health check on your financial vulnerability, explore resources written especially for you, get coaching designed to prevent fraud and identity theft, as well as assist in recovering identity and funds if you have been a victim.
Older Adult Nest Egg helps assess the financial decision making of older adults by providing training, tools and resources for older adults, caregivers and trusted professionals. Older adults lose billions of dollars each year to fraud, identity theft, and scams. For more than a decade, gerontologist and researcher Dr. Peter Lichtenberg and his team have worked to prevent financial exploitation and reduce its impact on older adults. His assessments and interviews review significant financial decisions made by older adults to help identify and protect those who are vulnerable to undue influence, financial mismanagement and fraud.
Explore the tabs for For Older Adults, For Family & Friends, and Professionals, to learn more.
For Older Adults
How we make financial decisions can change as we get older. Our questionnaire and financial coaching can inform and protect you.
Get a health check on your financial vulnerability, explore resources written especially for you, get coaching designed to prevent fraud and identity theft, as well as assist in recovering identity and funds if you have been a victim.
For Caregivers
Learn the warning signs of early cognitive impairment, clues to detecting financial mismanagement and the basics of managing another person’s money in our new, free elearning series for family and friends of older adults.
Visit our Caregiver Resources to learn where to get help in your community to news and research, fraud alerts and more – explore resources for families and friends caring for older adults. We didn’t cover something? Ask us a question.
Facts & Real Examples
One out of every 20 older adults in the U.S. is a victim of financial exploitation, losing an average of $80,000 to $186,000.
Nearly half of these crimes are committed by someone the older adult knows and trusts, like a relative or caregiver.
FFQ Helps Maintain Older Adult's Financial Autonomy
“My siblings and I were worried about our mom’s recent overdue utility bills. She’d been conscientious in the past, so this was unusual. We took the FFQ and saw that while recent transactions were worrisome, she did have good awareness. We learned that one of her medications was making her forgetful. The FFQ helped us maintain my mom’s independence.”
— F. Miller Atlanta, GA
FFQ Helps Scam Victim
An attentive neighbor was concerned about 86-year-old Ed. She completed a Family & Friends Questionnaire and shared his "High Risk" results with Adult Protective Services (APS). Though Ed sounded cogent during the APS interview, closer investigation showed he was losing thousands to scams. APS put in measures to stop the losses.
Upholding A Professionals' Oath
“I use Dr. Lichtenberg's financial capacity tool in my elder law practice. It provides a structure for interviewing clients and assists attorneys negotiating the fine line between maintaining the client's independence and protecting them.”
— Caroline Dellenbusch, J.D.
Elder Law and Estate Planning Attorney
For Professionals
It's Your Responsibility Too
Whether you are a banker, financial planner, attorney or social worker, Older Adult Nest Egg has the appropriate interview tool to help you assess, empower, and support your client. The reliability of Dr. Lichtenberg’s method has been validated across more than five years of field-testing.
Older Adult Nest Egg helps assess the financial decision making of older adults by providing training, tools and resources for older adults, caregivers and trusted professionals. Older adults lose billions of dollars each year to fraud, identity theft, and scams. For more than a decade, gerontologist and researcher Dr. Peter Lichtenberg and his team have worked to prevent financial exploitation and reduce its impact on older adults. His assessments and interviews review significant financial decisions made by older adults to help identify and protect those who are vulnerable to undue influence, financial mismanagement and fraud.
Explore the tabs for For Older Adults, For Family & Friends, and Professionals, to learn more.
Groups or organizations interested in receiving training to conduct interviews should contact Dr. Lichtenberg. He conducts trainings in person, via conference call or webinar. Participants learn the science behind the assessments and how to administer and score them. Dr. Lichtenberg also consults with organizations to help them understand the problem of financial exploitation and how these appraisals can protect their employees and the older clients they serve.
Call 313-664-2633 or use Contact Us to email.
Peter Lichtenberg,PHD, ABPP
Dr. Lichtenberg is a national expert in financial capacity assessment and the financial exploitation of older adults. An award-winning author and researcher, his interest in how older adults make financial decisions, and the responsibility to defend autonomy while protecting the vulnerable, led him to create the interview tools found here. He has conducted numerous medical evaluations and been an expert witness in more than 80 cases related to older adults and capacity.