Finances 50+

By Natalie Missakian

The AARP survey, entitled “ California Dreaming…or Struggling: Gen X and Boomer Financial Security,” reveals that for the most part Californians are not ready for retirement and it is largely due to housing related expenses. AARP California wants to help you take control of your finances. We are sharing DIY tips and tools bi-weekly on social media to help you save more or begin to save. Here is a summary of what was shared in December!

It’s almost the New Year and time for resolutions.

Each day, thousands of Delawareans serve as caregivers for family members. These family caregivers often have full-time day jobs; they return home from work to provide evening care, or dash home at lunch to check in on loved ones. They provide trusted care to those they hold most dear—an emotionally challenging, but critical, role in our society.

2018 Cuts to Medicare Would Reduce Access to Health Care

TALLAHASSEE — In recognition of their work during the 2017 Florida Legislative Session in protecting Florida’s most vulnerable residents, state Sen. Kathleen Passidomo (R - Naples) and state Rep. Ben Diamond (D - St. Petersburg) were presented with the AARP Florida Legislative Achievement Award

AARP Florida Director Jeff Johnson warned hundreds of thousands of older Floridians Wednesday that they could lose thousands of dollars in income-tax deductions next year if Congress moves ahead with a U.S. House plan to impose a “health tax.”

Anita McInnis, First Quarter, 2017 Fraud Watch Network’s Fraud Fighter

We have all heard that the savings rate in U.S. is dismal. In fact, the typical working-age household has only $3,000 in retirement assets and retirement age households have only $12,000. Bringing it closer to home - the National Institute on Retirement Security ranks South Carolina 50th worst in 401k savings.

The season of giving brings about holiday cheer that so many are thrilled to celebrate. With Christmas right around the corner we know everyone is busy finding the perfect gifts for loved ones, decorating trees with ornaments, and spending quality time with family. With all those never ending to-do lists and bargain hunting, many are unaware of the possibility of fraud and scams. Unfortunately, amidst all of the wonderful festivities, some people on Santa’s ”naughty list” are ready to catch you off guard. The season of giving also attracts scammers looking for their next victim. AARP has you covered on different ways to avoid holiday scams, so that you can remain merry.