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Finances 50+

Family caregivers spend an average of nearly 20 percent of their income providing care for a family member or other loved one, according to a new AARP Research Report, “ Family Caregiving and Out-of-Pocket Costs: 2016 Report.” The report shows that family caregivers spend an average of $6,954 in out-of-pocket (OOP) costs related to caregiving, with Hispanic/Latino and low-income family caregivers spending an average of 44 percent of their total annual income.
Wealth Expert Offers Tips for Retirement Readiness
AARP Florida congratulates the winners of the 2016 Congressional and legislative elections. As AARP CEO Jo Ann Jenkins said earlier today, ‘Now the real work begins.’ AARP Florida stands ready to work with the state’s elected leaders to improve the lives of Floridians of every generation.
On Monday, November 7th, AARP Illinois hosted "The Savage Truth on Money with Terry Savage" were noted financial expert Terry Savage to provided insight and awareness into investing and asset management to a packed crowd at the Beverly Art Center in the Beverly neighborhood.
Got financial skills? Love working with numbers? You can help Nevadans maximize their money this tax season byby becoming a Nevada AARP Tax-Aide volunteer.
“If you have a pension, you’re one of the lucky ones,” said a Duke economist acknowledging that over the past few decades, most employers have shifted away from maintaining a pension fund for their workers and former employees. Increasingly, it’s up to people to save on their own, usually through a 401K from their employer or from opening an Individual Retirement Account. Yet, many workers are finding themselves near retirement, without the retirement income or savings they need to stay out of poverty and off public assistance programs.
The 2016 elections will be held on Tuesday, Nov. 8, and your vote counts more than ever. We created an election guide on the AARP Connecticut local community web page to help you get ready. So visit the sub-topic page on the site where you can find a Take A Stand Congressional Action Chart, lookup polling places in your community, where your candidates stand on Social Security, and more.
By Lisa Bertagnoli
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