<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1490657597953240&amp;ev=PageView&amp;noscript=1">

Research Report 

Aging and Banking: Unique Needs and Challenges of Aging Individuals and Their Loved Ones

Although seniors are vulnerable to financial fraud, they may be reluctant to seek help with their finances. This research explores tools and techniques seniors and their adult children can use to protect themselves from financial exploitation.

aging-and-banking-research_full-cover_250x323

What You'll Learn in this Report

  • Aging and Personal Finances
  • Needing Assistance is a Reality
  • Preparing to Help 
  • Financial Fraud and Seniors
  • Time is the Enemy
  • Establishing a Copilot for Seniors

Report Stats At a Glance

51%

 

of seniors managing their finances say they will want assistance in the future, but most cannot specify when.

89%

 

of seniors deposit their monthly Social Security retirement benefits into their primary checking account.

80%

 

of seniors experienced credit or debit card fraud in the past five years.

Ready to See Real Results With Your Financial Institution?

Solutions from Cornerstone Advisors

Cornerstone Advisors Strategic Planning - Image 2-min

Strategic Planning

Our Strategic Planning services will help your leadership answer the big questions—where are we, where could we be, how do we get there and what’s the impact. Our seasoned consultants will work with you to develop a strategic plan that will empower your organization to achieve tangible “right now” results, as well as build a roadmap for ongoing value creation and success.

Learn More
Favicon Cornerstone Adivsors

About Cornerstone Advisors

For over 20 years, Cornerstone Advisors has delivered gritty insights, bold strategies and data-driven solutions to build smarter banks, credit unions and fintechs. From technology system selection and implementation to contract negotiations, vendor management, performance improvement programs, strategic planning, merger integration and enterprise program management, Cornerstone combines its expertise with proprietary data and research to help financial institutions thrive in today’s challenging environment. For more information, visit www.crnrstone.com, connect with us on LinkedIn and Youtube, and subscribe to GonzoBanker® for our opinionated take on all things banking.