Finances 50+

A new state law allows Alabamians with disabilities to save for their future needs without adversely affecting their benefits from programs such as Supplemental Security Income (SSI) and Medicaid.

Finding a job at age 50-plus can be tough—and may be even harder for those who have taken time off from the workforce to raise children or to care for an aging parent, spouse or other adult.

WASHINGTON, D.C. – In a new AARP survey released today, 8 in 10 say that taking a stand on Social Security is a basic threshold for Presidential leadership. The survey of likely voters age 50+ also shows nearly 40% are dissatisfied with their retirement savings and nearly half of voters worry they won’t be able to achieve their financial goals over the next five years (49%). 4 in 10 (40%) still don’t know for certain which party’s presidential candidate they’ll choose in the 2016 general election.

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You’ve w orked hard to save for retirement and you deserve a financial advisor who works just as hard to protect what you’ve earned. Right now, loopholes in the law allow bad-actors in the financial industry to provide retirement savings “advice” based on what’s best for their pocketbook, not yours. The result? They can recommend investments with higher fees, riskier features, and lower returns because they earn more money, even if those investments are not the best choice for you. Bad advice is wrong, and it is costing Americans up to $17 billion per year.