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Where Do Old People Keep Cash? Common Hiding Spots, Risks, and Safe Alternatives

According to a 2019 survey for PurePoint Financial, around 11% of Americans aged 55 and older reported hiding money in their homes. The practice of keeping cash at home, particularly for older individuals, stems from historical familiarity and a desire for control over personal finances, which naturally leads to the question, "Where do old people keep cash?" This tradition, however, carries significant risks compared to modern, secure financial alternatives.