 consumers lost over a billion dollars to romance scams in 2023 that's according to the federal trade commission the ftc found that roughly 40 of people who had lost money to a romance scam found that that scam started on social media median losses per person were about two thousand dollars and almost three quarters of those who had been scammed were men as you approach retirement it's time to consider what you'll do when you're not working maybe you have an affinity for travel