Finances 50+

Millions of Americans rely on Social Security and Medicare, and unfortunately, scammers often try to take advantage of that for their own gain. In our look back at trending scams of 2018, we look at two involving these programs, as well as scams involving gift cards as a form of payment.

Today, a secure retirement is out of reach for thousands of Coloradans, especially those who work for small businesses.

As you reach retirement, it’s time to start planning who will receive the fruits of your labor by drawing up a legal document known as a last will and testament.

New research released today from the Association of Young Americans (AYA) and AARP show student loan debt preventing Americans across three generations from saving for retirement or buying a home. As many students begin their academic year, nearly half of those with student loan debt say they owe more than $30,000. According to the Federal Reserve Bank of New York, borrowers have over $1.4 trillion in student loan debt. The new research specifically shows that of those who have student debt, 45 percent of Millennials, 48 percent of Generation Xers, and 50 percent of Boomers owe $30,000 or more.

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Between the ages of 16 and 21, Frank Abagnale successfully posed as an airline pilot, an attorney, a doctor and cashed millions in fraudulent checks. In case you didn’t read the best-selling book…spoiler alert…he got caught and his exploits were depicted in the movie Catch Me If You Can starring Leonardo DiCaprio.

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AARP believes Americans are faced with a crisis in achieving adequate and secure retirement income, and SB-200, as written, is not the answer for the Public Employee’s Retirement Association.