—   English A principios de este año AARP publicó un estudio, titulado “California Soñando…or Luchando: la Seguridad Financiera de la Generación X y los Baby Boomers,” el cual revela que la mayor parte de los californianos no están preparados para la jubilación y esto es debido en gran parte a los gastos relacionados con la vivienda. En un esfuerzo por combatir estas estadísticas, AARP California comparte, dos veces por semana, consejos y herramientas en nuestras redes sociales que pueden ayudarte …

— Earlier this year AARP published a survey, entitled “California Dreaming…or Struggling: Gen X and Boomer Financial Security,” which reveals that for the most part Californians are not ready for retirement and it is largely due to housing related expenses. In an effort to combat these statistics, AARP California is sharing tips and tools, bi-weekly on social media that can help you start living your California dream. Here is a summary of what was shared in August! CUT COSTS NOW Many …

— AARP Foundation Tax-Aide is looking to expand its team of volunteers for the upcoming tax season. Approaching its 50th year, Tax-Aide offers free tax filing help to anyone, especially those 50 and older, who can’t afford a tax preparation service. Tax-Aide volunteers make a difference in their communities by assisting many older, lower-income taxpayers who might otherwise miss out on the credits and deductions they’ve earned. Tax-Aide volunteers receive training and support in a welcoming environment. There is need for …

— This past Spring AARP published data that revealed the financial plans of California Gen Xers and Baby Boomers and how prepared they are for their financial future. The survey, entitled “California Dreaming…or Struggling: Gen X and Boomer Financial Security,” reveals that for the most part Californians are not ready for retirement; and while they remain optimistic, many are struggling with issues of housing affordability and difficulty in saving for retirement. In an effort to combat these statistics, AARP California is …

— Scammers may pose as relatives or friends, calling or sending messages to urge you to wire money immediately. They’ll say they need cash to help with an emergency – like getting out of jail, paying a hospital bill or needing to leave a foreign country. Their goal is to trick you into sending money before you realize it’s a scam. They impersonate your loved one convincingly. Social networking sites make it easier than ever to sleuth out personal and family …

— The Internal Revenue Service (IRS) is now working with private debt collectors to recover unpaid tax debts. Scammers could attempt to capitalize on potential confusion created by this new development.  If you have a long overdue tax account, the IRS will first send you a letter to inform you that it is turning your account over to a debt collector. Then you will receive a letter from the debt collector before they contact you by phone. The only way to …

— When it comes to scams, knowledge is power. Con artists are finding new ways to take your money, so consumers need to keep up with the latest scams and learn how to protect yourself and your family. That’s why AARP Hawai‘i, the FINRA Investor Education Foundation and other partners are presenting Scam Jam events on Oahu, Maui, Kauai and the Big Island from August 9 to August 12. The events are free, but participants should pre-register at  http://bit.ly/aarpHIevents or by …

— Fake checks are featured in many types of scams, from phony prize winnings to fake jobs. And scammers are good at making phony checks look legitimate. The scams typically involve sending victims a check, asking them to deposit it, and then when cleared, asking them to immediately wire the money to a third party. Remember, a check can take weeks to clear.  Wait until you are certain, and the bank can confirm, that your check has cleared before taking further …

— One of the greatest gifts you can give a grandchild is the gift of financial literacy. Helping them save money early in life and showing them how to make wise spending decisions goes a long way toward a bright financial future. As they get older, they may want to save for special purchases or their college education. You can encourage them when they get their first job to begin saving for the future, including their retirement. Planning for the Future …

— Each year, the Federal Trade Commission releases a data book on scams as reported to the agency in the prior year. This year’s report shows that imposter scams are a serious and growing problem. These scams come in many varieties but work the same way. A scammer pretends to be someone trustworthy, like a government official or computer technician, to convince the consumer to send money. For those who lost money to this scam, the widest reported method of payment …