Why I Like 529 College Savings Plans

If you want to help pay for higher education for a child or grandchild, consider using a 529 college savings plan. These plans allow you to put money aside for tuition and other college-related expenses, while getting some nice tax advantages as well. Since I have a son who will be college bound in a couple of years, I’ve looked at all sorts of ways to pay for it and can say the 529 plan is by far the best …

You’re Over 50. Now What? Carrie Schwab-Pomerantz Tells You

Carrie Schwab-Pomerantz (yep, Chuck’s daughter) doesn’t want you to lie awake at night, worrying about whether you’ll be able to afford to retire. Instead, she wants you to consult her new compendium for advice, not unlike the way patients thumb through a medical reference guide to learn about a particular disorder. The chapter titles in The Charles Schwab Guide to Finances After Fifty are similar to the questions in Ask Carrie, her syndicated personal finance column. Are you in your 60s and way …

Free Advice for Job Seekers

A big job placement firm is offering job seekers, and workers who want to transition into another position, free call-in advice in December. >> Sign up for the AARP Health Newsletter John Challenger, CEO at Challenger, Gray & Christmas, says job counselors will offer strategies to help people become more effective in their search. It’s happening on Dec. 26 and 27, from 9 a.m. to 5 p.m. Central time (phone number 312-422-5010). More information about the annual call-in is available at …

Standing with Caregivers

The following is a guest post by Peter Rosenberger – Caregiver and AARP Tennessee Volunteer Today’s 65 million caregivers often find themselves pulling their hair out as they find their lifestyle dramatically altered by the constant challenges involved in caring for a chronically ill, disabled, or elderly loved one. In my experience, I have discovered that the greatest issue caregivers struggle with is not insurance but rather assurance:  They’re frightened, burned-out, and daily wondering if they will survive caring for …

Living Long and Loving it in America

If you are wondering why I am standing on a chair raising my fist and shouting “Right on!” it’s because someone has finally come up with a formula for human longevity that makes sense. If you want to live longer, part of the formula goes, eat out alone at a different posh restaurant every night-and that doesn’t mean a Burger King. The advice was contained in a story from The New York Times that carried an interview with a 103-year-old …

5 Things I’ve Learned as a Caregiver

I recently had the great pleasure of returning to Indiana, the state of my birth, to speak at three local AARP Indiana Caregiver Connect forums in Ft. Wayne, Indianapolis and Merrillville. It was a bittersweet experience. My parents were with me on my last visit to Indiana, where they both were born and raised. But now travel would be very difficult for them, so most likely they won’t return to Indiana until they are gone from this earth. As a …