Guard Your Home Equity With Your Life

Home ownership is the foundation of middle-class wealth. The home equity asset is created when mortgages are paid down. It represents the difference between what your house is worth and what you owe on your mortgage. African Americans are less likely to own homes than others — fewer than half of all African Americans own their homes, compared with 66 percent for others. With fewer assets, however, we often have more pressure to tap into home equity than others. >> …

Blacks Experience Blindness Most Often, but We Can Change Those Stats

A. Peter Bailey, a noted journalist in Washington, had worn glasses since he was 21 — for more than 50 years. But gradually, even with glasses, his vision became dim and he could hardly see people from a distance. Six years ago, Bailey had cataracts removed from his eyes. “Now that I’ve had the surgery I’ve only had to wear glasses when I’m reading,” he says. Get the latest tips on staying healthy — AARP Health Newsletter » It happens all …

Earl Lloyd: First Black NBA Player

On Oct. 31, 1950, Earl Lloyd took the court as a member of the now-long-defunct Washington Capitols basketball team for a game against the Rochester Royals in New York. Lloyd’s six points and 10 rebounds were no game-changer, but his performance definitely was in another sense: It was the first time that an African American player appeared in a National Basketball Association game. >> Famous People We’ve Lost in 2015 Here are some facts about Lloyd, who passed away on …

Health Among Top Issues That Matter Most to African Americans

In January 2011, AARP interviewed Americans 50 and older from every state, the District of Columbia, Puerto Rico and the Virgin Islands. We asked about their dreams as they think about what is next in their life as well as the challenges they see themselves facing. Staying healthy tops the list for African American/Black respondents in the Voices of the 50+ America: Dreams & Challenges study, with staying mentally sharp, having adequate health insurance coverage, and receiving Medicare benefits very …

Few African Americans Take Advantage of Retirement Planning Products

Recent research shows that most African Americans/blacks age 50-plus use financial products, such as checking accounts and savings accounts. But only 1 in 10 use retirement planning products, such as a 401(k) plan or individual retirement account (IRA). Millions of Americans haven’t saved any money for their golden years, and millions of others haven’t saved nearly enough. According to the Federal Reserve, the median balance of retirement accounts totals less than $60,000, and many African Americans/blacks have saved even less. >> AARP …

Hollywood Fearless

Recently our new AARP CEO Jo Ann Jenkins challenged Americans to “Be Fearless at 50+.” What does that mean? I saw the answer in action recently when actress and activist Holly Robinson Peete got an oversized AARP card as she celebrated her 50th birthday at a star-studded oceanside party in Malibu, Calif. The event raised money for Holly’s charity to support Parkinson’s and autism research, two causes that have affected her family and many more across the U.S. Her family …