Finances 50+

42% of New Jersey homeowners and 36% of renters 50 and older considered leaving the state in the past year.

Four Million Americans, Including Nearly 130,000 New Jersey Residents, Signed AARP Petition Calling on Congress to Act

(Oct. 12, 2021) - It’s National Savings Day – the one day a year set aside to remind us of the importance of saving and reflect on our own savings habits. At AARP, we don’t need a national holiday to remind us just how vital saving for the future is. We know that saving for retirement is one of the most important things you can do for your future, and we work 365 days a year to provide resources to help you plan and grow your savings. But, we can’t do it alone. That’s why this National Savings Day, we are calling on New Jersey to implement the New Jersey Secure Choice Savings Program to make saving for the future easier for everyone.

In the face of the pandemic, now more than ever, the state budget is vital to the interests of our members and all New Jerseyans. This budget will help all New Jerseyans have a brighter and more secure financial future.

At AARP, we are committed to giving you access to the tools and resources you need to effectively manage your money, especially in uncertain times like these.

AARP New Jersey applauds Governor Murphy for signing a state budget today that includes a number of AARP-supported priorities such as, restoring property tax relief for older New Jerseyans, allocating startup funding for the New Jersey Secure Choice Savings Program, ensuring a healthy pension payment, and maintaining Medicaid funding.

AARP New Jersey partners with the state’s Division of Consumer Affairs and other agencies to get fraud warnings out through conferences, forums and shredding events.

Did you know the average older American takes four to five prescription medications each month? And the average income for a Medicare beneficiary is about $26,000, but the average annual cost for widely used prescription drugs for chronic conditions was nearly $20,000 in 2017!

Find out more about this issue at AARP’s second in a series of free webinars.

Find out what you can already be doing to prepare at our free, two-part webinar.