Finances 50+

WASHINGTON, D.C. – With Americans losing tens of billions of dollars annually to investment fraud schemes, what mindsets and behaviors are common among those who fall victim? A new survey by the AARP Fraud Watch Network finds that the most susceptible typically exhibit an unusually high degree of confidence in unregulated investments and tend to trade more actively than the general investor population. More of the investment scam victims also reported that they value wealth accumulation as a significant measure of success in life and acknowledged being open to unsolicited telephone and email sales pitches.

AARP Foundation this year is again providing free tax assistance and preparation, especially for taxpayers with low to moderate income through the Tax-Aide program.

Join AARP on Thursday, January 26 from 11 a.m. - 4 p.m. ET for AARP’s free Online Career Fair: Spotlight on Part-Time Work. This live event is a great way for job seekers to:

By Melissa Preddy

The Michigan House is considering bills on Tuesday that would erode retirees’ benefits. Please contact your State Representative to urge a NO vote!

WASHINGTON, DC — COAARP released the following statement from AARP CEO Jo Ann Jenkins in response to the announced cost of living adjustment (COLA) for Social Security beneficiaries in 2017:

WASHINGTON, DC — “Opinions on who won Sunday night’s Presidential debate will vary but who lost is clear: the millions of American voters who want to understand how the candidates would keep Social Security strong for future generations,” AARP Senior Vice President, Campaigns, John Hishta said.

Hempstead, NY — “Americans who are working hard and paying into Social Security were the real losers at tonight’s debate,” AARP Senior Vice President, Campaigns, John Hishta said.

WASHINGTON, DC – AARP has released the 2016 Longevity Economy report, an in-depth look at how our nation’s population of 111 million 50-plus consumers impacts the economy. According to the report, the 50-plus age groups generates $7.6 trillion in economic activity (a $500 million increase from 2013), including $5 trillion in consumer spending by people 50-plus. This increase reflects the shifting demographic and spending patterns of this group due to longer life spans and prolonged employment.

Eric Schneidewind of Lansing, former AARP Michigan State President, stopped in for an interview about his new position as national AARP’s lead volunteer on Michigan’s Big Show with Michael Patrick Shiels this week.