5 Steps to Cure Binge-and-Purge Shopping Disorder

I once had a dirty little secret. No, it wasn’t an online flirtation, a crush on actor Mark Rylance (that’s common knowledge) or a tendency for midnight fridge raids. It was a brief problem with BPSD, aka Binge-and-Purge Shopping Disorder, and it’s why online retailers such as Amazon, Target, Sephora and Beauty.com are such a success. Enter the $50K Picture Your Retirement Sweepstakes. See Official Rules. » Women 50 and older are the biggest buyers of online beauty and fashion. Buy, try, …

Worried About Back-to-School Expenses? Search for the Best Dollar Deals

In just a few weeks, many students will find themselves back at school with newly purchased clothes and supplies. The back-to-school season can be an expensive time for parents and grandparents, but it doesn’t have to be — if you plan carefully. Here are a few money tips to get you started. Stick to Your Budget As with any event, have a budget. So, what’s your budget for sending the kids — or even yourself — back to class? Back-to-school …

How Much Have You Saved for Retirement?

How much have you saved for retirement? Five hundred dollars? Five thousand? Fifty thousand? If you have even $5 saved, you’re one step ahead of nearly half of working-age households — who have ZERO saved for retirement. This startling fact is just one of the reasons AARP is fighting for Work and Save, a commonsense solution to help individuals save toward a secure retirement  through an easy payroll deduction at work — an option not available to many employees. Work …

Why AARP Backs a New Retirement Plan Advice Rule

Yesterday was the due date for comments on a rule proposed by the U.S. Department of Labor that would protect people with 401(k)s and IRAs from conflicts of interest in the financial services industry. AARP filed our official comments yesterday, one on the new rule and one on the new proposed best interest contract exemption. The rule, proposed in April, requires all retirement plan advisers to provide advice in their clients’ best interest. That is the simple goal underlying the …

Generation X Experiencing High Anxiety Around Retirement

Like Billy Joel, I frequently find myself in “A New York State of Mind.” I am a New Yorker — born, raised and educated in the Empire State. Though I no longer live there, I still call it home — which is why I was concerned by the findings of a new AARP survey released last week. The reality is, the New York state of mind is experiencing high anxiety when it comes to saving for retirement — especially Generation …

Asian American Pacific Islander Heritage Month: Achieving Financial Resilience

Asian American Pacific Islander (AAPI) Heritage Month each May is a time to celebrate, reflect on and pay homage to the many generations of Asian Americans and Pacific Islanders who contributed their talents to America’s history. They came here with hopes of getting a slice of the American pie, such as starting a business or securing a good job, and having the financial resources to raise a family and enjoy a comfortable retirement. For some older members of the AAPI …