The number one worry among older Americans is running out of money over the course of their lifetime. In this month’s issue, AARP Bulletin reveals that the key to preventing this is knowing one essential number: how much money you will be able to afford to spend each month and from there, adjusting your expenses accordingly. AARP’s financial expert Jane Bryant Quinn provides an easy-to-use process for finding a sustainable income for life—regardless of your current income level, marital and housing status, or the size of your savings.
Join AARP Georgia State President Lee Baker and the Association for Financial Counseling & Planning Education® (AFCPE®) for a free investor education and protection event designed to help you fund your future paycheck, regardless of your income, background, or stage in life.
AARP Foundation Tax-Aide is looking to expand its team of volunteers for the upcoming tax season. Tax-Aide, now in its 51st year, offers free in-person preparation and assistance to anyone, especially those 50 and older, who can’t afford a tax preparation service. Volunteers make a difference in their communities by assisting many older, lower-income taxpayers, and their families, who might otherwise miss out on the tax credits and deductions they’ve earned.
The federal government is urging some 133,000 veterans who had money improperly withheld from their severance payments for combat-related injuries or other disability compensation to apply for tax refunds.
Following the Securities and Exchange Commission’s (SEC) new rule proposal intended to help consumers get investment advice in their best interest, AARP today previewed upcoming testimony for a SEC Investor Advisory Committee (IAC) meeting later this week in Atlanta, Ga.