retirement security

AARP Announces 2014 Advocacy Agenda: Across the States

Posted on 02/17/2014 by | AARP Blog Author | Comments

PoliticsAARP is fighting for older Americans and their families in states across the country, focused on the key issues they are facing, front-and-center, in their daily lives.  Our state advocacy work is driven by AARP’s state offices – located in every state, the District of Columbia, Puerto Rico, and U.S. Virgin Islands – where we work with governors, state legislators, other policymakers and in collaboration with numerous community partners.  In 2014 AARP is focusing on: Supporting Family Caregivers AARP is …

Minority Report: The Gap in Retirement Savings

Posted on 12/10/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsAfter a lifetime of working, millions of Americans, and minority workers in particular, face the prospect of a difficult retirement because they have no access to a 401(k) savings plan. Worse yet, among workers ages 25 to 64, a majority of black and Latino workers (62 percent and 69 percent, respectively) and more than one-third of whites (37 percent) have no retirement savings, according to a study by the nonprofit National Institute on Retirement Security. The report was based on …

States Step Up for Retirement Security

Posted on 07/16/2013 by | AARP Blog Author | Comments

PoliticsAre you saving (enough) for retirement? The numbers paint a worrisome picture – for Americans, our families and the nation. Three-quarters of Americans age 55-64 had less than $30,000 in their retirement accounts as of 2010. And, more than 70 million American workers do not have any type of employer-sponsored retirement plan. Clearly, we need some help to get on the road to retirement savings – and more effective ways to save money for our future. This is where the …

Millions of Near-Retirees Have No Savings

Posted on 06/21/2013 by | Money and Work | Comments

Bulletin Today | WorkAn examination of how Americans are preparing for retirement finds that, overwhelmingly, they aren’t. As many as 18.3 million households with workers ages 45 to 64 have no retirement savings whatsoever, according to a new report from the National Institute on Retirement Security. When their entire net worth was taken into account (including real estate and other assets), about one-third still fell short of what they’ll need to maintain their standard of living in retirement. “The retirement savings gap — what …

Recession Will Haunt Us Into Retirement

Posted on 05/17/2013 by | Money and Work | Comments

Bulletin Today | WorkOlder boomers, many at retirement’s doorstep, lost more than quarter of their net worth during the recession. Yet they may be the last demographic to retire with enough savings to live comfortably, according to a new study. Younger boomers (in their late 40s and 50s), and Gen-Xers (in their late 30s and early 40s) are on track to retire with skimpier savings. Consequently, they’re likely to face a pared-down lifestyle in retirement. Put another way, they’ll be the first two …

Moms Are Better Than Dads (About Money Talks)

Posted on 05/7/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsOK, so maybe I’m a little biased. But a new survey finds what we mothers have known all along: We’re better than dads when it comes to discussing money matters with our adult kids. “Moms are more likely and open to having deep, detailed discussions,” says Lauren Brouhard, a senior vice president for retirement with Fidelity Investments, which conducted the survey. “What’s really important is that these not just be surface discussions,” Brouhard adds. “Nobody wants surprises down the road, …