AARP New Jersey

Jeff Abramo

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Protect yourself from scams when you invest

Posted on 10/30/2015 by | AARP New Jersey | Comments

We’ve all been scammed. Maybe you receive a phone call. The caller claims to be your credit card company and tells you that your account had been compromised – they asked for your card number and social security number to “access your account.” Next thing you know, they are spending your money on designer handbags. And sometimes, fraud can target things bigger than your credit card. It can threaten your investments, and your financial future. Recently, AARP participated in a …

How to make retirement a reality: Secure Choice

Posted on 09/30/2015 by | AARP New Jersey | Comments

Small but Mighty Steps Go a Long Way for NJ’s Elderly and their Caregivers: Allow Health Aides to Administer Medicine

Posted on 09/30/2015 by | AARP New Jersey | Comments

  A home health care tsunami is coming. Recent research estimates that by 2020 the United States will be short 800,000 to 1 million nurses because of large numbers of retiring nurses, few new graduates entering nursing, lack of educational capacity and job dissatisfaction and attrition. According to The Institute of Medicine, as the Baby Boom generation grows to 20 percent of our population, the health care workforce size and preparedness will not meet the need and result in a …

New Jersey Family Caregivers Provide $13.6 billion in Unpaid Care According to AARP Study

Posted on 08/19/2015 by | AARP New Jersey | Comments

New report reveals stress on family caregivers’ health and finances; identifies policies to help support caregivers  WASHINGTON, DC — Family caregivers in New Jersey provided more than 1 billion hours of care—worth an estimated $13.6 billion—to their parents, spouses, partners, and other adult loved ones in 2013, according to AARP Public Policy Institute’s new report, Valuing the Invaluable: 2015 Update. The total estimated economic value of uncompensated care provided by the nation’s family caregivers surpassed total Medicaid spending ($449 billion), …

Retirement brokers should be looking out for clients, not themselves

Posted on 08/3/2015 by | AARP New Jersey | Comments

In the hospital waiting room, we have peace of mind in the knowledge that doctors must recommend what they think is best for us.  If a doctor thinks surgery will leave you worse off than just using crutches, they cannot recommend surgery.  If they do, you can sue them for malpractice.  The law holds every doctor accountable for the advice they give. However, as things stand right now, we do not have the same kind of security when we save …

Women have a particularly hard time saving for retirement- Secure Choice can help

Posted on 07/21/2015 by | AARP New Jersey | Comments

The following was written by one our volunteers.   Women retire with two-thirds the savings of men, because they are more likely to work in part-time jobs that do not qualify them for a retirement plan. As a working mother, I’m torn between being sad or mad that we are financially marginalized for the same reasons that the society expects us to fulfill the role of caregiving for our younger ones and elderly loved ones, along with managing other household chores. …