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90-year-old man defrauded of $814,000 in savings – Wells Fargo denies claim. Why you should always report big withdrawals

February 7, 2026 by admin
90-year-old man defrauded of 4,000 in savings – Wells Fargo denies claim. Why you should always report big withdrawals

Irving Rosenberg spent a lifetime building his savings. At 90, with impaired hearing, limited mobility and early-stage dementia, the Southern California man had no reason to believe his $814,000 in Wells Fargo savings were at risk. Era. Beginning last April, someone began forging Rosenberg’s signature on checks and draining his savings account. He had never … Read more

Categories loan Tags ABC7, Billie Young, Dave Ramsey, fraud claim, Irving Rosenberg, massive withdrawals, Rosenberg, savings account, who are dealing with dementia Leave a comment

I am 63 years old and tired of working but only have $390,000 in savings. How much can I spend per month if I retire now?

December 8, 2025 by admin
I am 63 years old and tired of working but only have 0,000 in savings. How much can I spend per month if I retire now?

GaudiLab / Envato Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. In 2022, the most recent year for which data is available, median retirement savings for Americans ages 55 to 64 was $185,000, according to the Federal Reserve (1). Let’s say you’re 63 with $390,000 in savings. … Read more

Categories loan Tags Emergency Fund, Federal reserve, nest egg, Northwestern mutual, retirement savings, Savings, savings account, Social security, The wealth front Leave a comment

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