September Tips and Tools to Start Living Your California Dream: #CADreamingorStruggling

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According to an AARP 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. AARP California wants to help you take control of your finances. We are sharing DIY tips and tools bi-weekly on social media that can help you turn things around and begin to save. Here is a summary of what was shared in September!

CUT COSTS NOW

Many Californians are feeling financially squeezed. According to survey results, one in four respondents feel they are either just getting by or finding it difficult to get by financially. Do you need help getting your finances under control?

• Learn how you can save on car insurance HERE
• See what it takes to pay-off your credit card balance HERE
• Manage your monthly home budget HERE

REDUCE HOUSING EXPENSES

Housing costs have never been more expensive in California. Growing expenses are putting pressure on young families and older working people who want to retire but fear whether they can afford to keep living in the state. The “CA Dreaming or Struggling” survey revealed 61% of respondents have considered leaving the state of California and living somewhere else due to the high cost of living. Are you in the same boat?

• Explore Accessory Dwelling Units (ADUs) HERE
• Learn smart ways you can cut back on home energy expenses HERE
• Look into a career that allows you to make your home your office HERE

SAVE FOR THE FUTURE

According to the “CA Dreaming or Struggling” survey, many respondents don’t have money to save for retirement after paying for housing costs and other finances. As a result over half of survey respondents are worried that they will not have enough money to retire comfortably. Is the thought of your financial future stressing you out?

• See how prepared you are for retirement HERE
• Test your knowledge about Social Security HERE
• Receive catered action items to start acing your retirement HERE

Learn more about the #CADreamingorStruggling survey findings by visiting, aarp.org/cadreamingorstruggling. Also, be on the lookout for our October tips, tools and quizzes to help you achieve your California dream! Make sure to follow @AARPCA on Twitter and @AARPCalifornia on Facebook.