Breaking News: N.J. Legislature Passes CARE Act to Support Family Caregivers

Just minutes ago, the New Jersey Assembly passed the Caregiver Advise, Record, Enable (CARE) Act. Already approved by the Senate without a single no vote, the CARE Act now heads to Gov. Chris Christie for his signature. Once enacted, it will support the 1.75 million family caregivers in New Jersey as their loved ones go into the hospital and as they transition home. What is the CARE Act? The CARE Act takes three commonsense actions that will make a world of …

This Week in Boomer History: Sally Ride … Monterey Pop … Civil Rights

Notable events from our shared experience Astronaut Sally K. Ride becomes the first American woman in space on June 18, 1983. Passionately devoted to teaching science, technology, engineering and math to girls, she starts Sally Ride Science in 2001. Singer-actress Judy Garland dies at age 47 on June 22, 1969. Fred Astaire once called the star of The Wizard of Oz “the greatest entertainer who ever lived.” >> Sign up for the AARP Advocacy Newsletter President Richard Nixon signs a …

Stock Gains Push 401(k)s to Record Highs

Last year’s gangbuster stock market pushed 401(k) savings account balances to record highs, according to two major retirement account providers. Fidelity Investments says the average account balance at the end of last year reached $89,300, a 15.5 percent increase over the year before. For workers age 55 and older, balances averaged $165,200. Many workers roll over their 401(k) into an individual retirement account when they leave a job.  Adding up the balances of those who have both a 401(k) and …