Navigating You Financial Future with AARP

How do you know if you’re saving enough money for your retirement? Earlier this year, a national AARP study found that more than 3 in 5 people over 50 said that they were not currently saving enough for retirement, but when asked how much they needed in order to retire, almost 1 in 3 said they didn’t know. So how can you find out whether you’re on track for retirement savings?

In today's complex financial landscape, planning for the future is more critical than ever before. It’s all about having the right tools to help you reach your goals, no matter where you are in life. AARP has your back with a suite of free planning tools that are designed to empower you every step of the way.

Thinking about retirement can be overwhelming, but AARP is here to help. Our free-to-use Retirement Calculator to estimate how much you’ll need to save for a comfortable retirement based on your income, savings, retirement age and lifestyle. It considers factors like inflation and Social Security benefits to provide a projection tailored to your goals. By using this calculator, you can gain valuable insights into your retirement readiness and make informed decisions about your savings strategy.

On our financial news page, you can find range of resources for navigating the complexities of Medicare and Social Security. The Medicare Cost Resource Guide can help you estimate annual out-of-pocket healthcare expenses under different Medicare plans, and choose the coverage that best fits your needs and budget. Additionally, the Social Security Benefits Calculator provides personalized estimates of future benefits based on individual earnings history, helping you optimize your claiming strategy for maximum financial security.

AARP's Long-Term Care Calculator allows users to estimate the potential cost of long-term care services in their area and explore options for financing these expenses, such as long-term care insurance or Medicaid. By understanding the financial implications of long-term care, you can better prepare for this significant expense and protect your retirement savings.

The best part of all of this? These resources are available for free to AARP members and non-members, making them accessible to individuals across the state. Whether you're planning for retirement, navigating Medicare and Social Security or getting your estate plan in order, AARP offers a range of resources to help you make informed decisions and achieve your financial goals. By leveraging these tools and resources, you can take control of your financial future and enjoy greater peace of mind in the years ahead.