It’s an unfortunate fact that fraud costs the global economy a whopping $5 TRILLION every year, and sadly, that figure is expected to grow over the next decade.

There are numerous types of fraud, from credit card fraud to fake charities to robocall scams. One of the most common methods for carrying out a scam is phishing: the practice of sending emails pretending to be from reputable companies to induce individuals to reveal personal information, such as passwords and credit card numbers.

Every minute, phishing costs over $17,000 to organizations and individuals.

And if you think, “No way so many people fall victim to phishing,” think again. 50% of recipients click on fraudulent links within the first hour of receiving a phishing email.

As a financial advisor, my job isn’t just to advise you about investments. It’s my responsibility to stay up to date on issues like fraud to help ensure your financial security.

Growing your assets for retirement is essential, but so is making sure those assets remain safe and out of the hands of criminals. Call today at 513-563-PLAN (7526) or book online here to schedule an appointment and learn how we help our clients achieve a secure retirement.

Regards,
Nikki Earley, CFP®