The Who, What, When, Where of Voting

On November 4th, like millions of Americans, I’ll head to the polls to cast my ballot. I’ve done my homework, know where the candidates stand on important issues — like financial security and support for family caregivers — and I’m ready to vote. >> Sign up for the AARP Advocacy Newsletter But even though I’ve been voting for years, I still need to check some basic facts: When do I vote? The first Tuesday after the first Monday in November, …

When Mom’s a Republican and Pop’s a Democrat

My mom was born in the same year that the 19th Amendment to the Constitution — giving women the right to vote — was ratified. She was a daughter of immigrant parents, who came to America in pursuit of freedom and opportunity. And my mom relished her right to vote. I have very early memories of walking with my mom, pop, brother and sister blocks to our polling place located at Outwater Park. It was a family tradition. I remember …

The $64,000 Question: Where Did My Retirement Savings Go?

Investment advice should be free of conflicts of interest The way Americans save for retirement has changed drastically over the past few decades. Thirty years ago, the typical worker had a pension through his or her job. Today, if workers have a retirement plan at all, it is likely a 401(k) or IRA. Why does this matter? Because now more than ever, individuals must make the complicated decisions about financial security in retirement: what to invest in, how much, how to …

Questions Candidates Should Answer to Get Your Vote

Election Day is almost here. Yet too many candidates wait until after the polls close before taking positions on key issues that matter to you and your family. That’s why AARP developed voters’ guides for the 435 U.S. House, 36 U.S. Senate and hundreds of state races. These nonpartisan guides will help you cut through the political clutter to what the candidates are saying — and what they’re not saying — about the issues that matter to you and your …

The Financial Burden of Being a Family Caregiver

Caring for family or friends is not just a matter of love and time, it’s also a matter of dollars and cents. According to a new survey from Caring.com, nearly half of caregivers spend more than $5,000 per year — a whopping $25,000 over the average caregiving stint of five years. And many spend far more. Complicating things is the reluctance of caregivers to talk about finances: Seven out of 10 have not spoken with loved ones about how to …

What Happens to Your Pension When the Company Goes Bust?

Studebaker auto workers found out the hard way in 1963. When the Studebaker Corp. shut down its plant in South Bend, Ind., workers who had been promised pensions saw their hard-earned benefits vanish in an instant. Instead of receiving fixed payments throughout retirement, thousands of employees were forced to take one-time lump sums worth a fraction of what they’d earned. Thousands more received no benefits at all. The Studebaker Corp. had been promising pension benefits to its employees, but in …