AARP Home » AARP Blog » Recent Post »Money & Savings

Money & Savings

Informative Money and Saving blog from AARP. Check out our posts on money advice, financial tips, news, and more.

Subscribe to this topic via: RSS

Recent Money & SavingsPosts

How Much Income Will Your 401(k) Provide?

Posted on 05/13/2013 by | Money and Work | Comments

Bulletin Today | Money & Savings | WorkYou may be throwing money into your employer-sponsored retirement plan — let’s hope you are — but do you know how much estimated monthly income your plan will provide over your lifetime? Employers are required by law to provide an outline of what workers can expect to get in estimated monthly retirement income from their traditional pension plans. But that’s not the case for 401(k) and 403(b) plans. [Find out if you're saving enough for retirement with AARP's calculator]. Maybe …

Make Your Own Cleaning Products and Save

Posted on 05/13/2013 by | The Ultimate Cheapskate | Comments

Home & Family | Money & SavingsI’ve often wondered when and why Americans went so crazy over household cleaning products. Growing up 50 years ago I recall my Mom having only three or four different cleaning products around the house, at most.  I also recall that nothing awful ever happened because of her minimalist cleaning cupboard. See also: Why living green costs less. Today, we need a specific – and pricey – spray cleaner for bathroom tile and another for kitchen tile. What we use to …

The #1 Topic to Talk About After 50 (Even If They Say We Shouldn’t!)

Posted on 05/9/2013 by | Best of Everything After 50 | Comments

Money & Savings | Your LifeOkay, I know that money is one of those topics we’re not supposed to discuss at cocktail parties (along with religion and politics and so on and so forth) … but … we’re not at a cocktail party. We’re in real life. Midlife, in fact. And we need money. If you don’t have a plan… it’s time to think about creating one.  We don’t want to be in our 50s, 60s and beyond without enough money to take care of ourselves. Where to start? First, understand …

Retiring with Debt? Join the Club.

Posted on 05/9/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsPaying off the mortgage before you head into the land of fixed-income living, otherwise known as retirement, is becoming an unattainable goal for a growing number of people. A survey by the Securian Financial Group found that about half of 526 retirees polled in March carried mortgage debt into retirement. And it appears that even greater numbers of boomers will follow suit. [Read: Fixing One Family's Finances] The poll asked 495 pre-retirees ages 50 and older if they expected to …

Negotiating: The Cheapskate’s Art of the Deal

Posted on 05/9/2013 by | The Ultimate Cheapskate | Comments

Money & SavingsWow, one of the most disturbing (in an interesting way … maybe I should get a toupee?) episodes ever of “The Cheap Life” just went live on YouTube. I challenge “The Donald” himself, Donald Trump, to see if he can out-negotiate me and be a guest on my show. Watch all Cheap Life episodes: for free Be sure to leave me a comment at the bottom of the YouTube video page after watching the video about the best deal you …

Some Hospitals Charge Vastly More for Same Care

Posted on 05/8/2013 by | General News | Comments

Bulletin Today | Money & Savings | Personal HealthBy Connie Cass and Lauran Neergaard, The Associated Press WASHINGTON (AP) — Hospitals within the same city sometimes charge tens of thousands of dollars more for the same procedures, according to figures the government released for the first time Wednesday. The federal list sheds new light on the mystery of just how high a hospital bill might go — and whether it’s cheaper to get the care somewhere else. There are vast disparities nationally. The average charges for joint replacement range from about $5,300 …