9 Items Retirees Should Never Keep in Their Wallet

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Passport

According to identity theft specialists, a passport can be a risk to your finances, just as any other identification document. In the hands of identity thieves, it could be used for traveling purposes, to obtain a new copy of your Social Security card and even open new bank accounts.

ID-theft experts recommend using your driver’s license or other personal ID when traveling in the U.S. and keep your passport book and wallet-size passport card in a protected place, like a home-safe. If you want to travel to a foreign country, it is recommended to use a photocopy of your passport and leave the original document at the hotel, in a secure place, instead of keeping it in your wallet.

Keeping this next one in your wallet is certifiably crazy…..

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5 thoughts on “9 Items Retirees Should Never Keep in Their Wallet”

    1. Hello, thanks for the information, long time ago I dropped my Medicare card still with my social security number, obviously I got a new one, but I am still at risk ?

  1. Research shows that once a person relies on electronic currency they increase their spending habits significantly. For sticking to a budget, and putting something away in savings, use of cash is the best policy. You will not spend more than you had planned if you bring along the appropriate amount of cash plus only a “little” extra, and vow to keep the credit cards for emergencies. There is also the aspect of the tangible quality of cash that has a much greater impression on the spender who is trying to be thrifty, as many seniors should be, compared to the ease with which a consumer can rack-up debt with electronic currency or credit cards.

  2. Caroline R. Helmuth

    The new Medicare cards do NOT have SSNs on them.
    It is easy to ask your bank to remove your address from your personal checks.
    Who in the world would carry a birth certificate around?? Or a Social Security card–haven’t we memorized those numbers by now??
    I never carry ANY of the things that were advised against carrying in this article.

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