Board Member David Walker Comments on Legislation Aimed at State-Sponsored Savings Plans

Let states help people save for retirement. It’s the idea behind the long-running, AARP-supported drive to establish retirement savings plans for the 55 million private-sector workers in America who don’t have access to a workplace savings program. The idea was the brainchild of current AARP senior strategic policy adviser David John and Mark Iwry, a former senior fellow at the Brookings Institute. About 10 years ago, David and Mark created a campaign that sought to give workers — often low-income …

Are You Ready for Your Next Gig?

If you’re like me, you like to kick off the new year by reflecting on the goals you set last year and begin to set new ones for the coming year. For a lot of people, their No. 1 New Year’s goal is to get new job or launch a new business. Last month I offered tips to help you get a jump-start of your job search for 2017. So, hopefully, you have updated your résumé and LinkedIn profile, reached out to your network(s), and …

New Small-Business Data: Strong Showing From 55+ Entrepreneurs

There’s good news for both observers of small-business trends and those interested in aging issues. Tracking entrepreneurship just got easier, and new data show that entrepreneurs age 55-plus are job creators. Small businesses play a major role in the U.S. economy. According to the U.S. Small Business Administration, small businesses accounted for 63 percent of net new jobs over the past two decades. Approximately 20 percent of those businesses were classified as employers, meaning they had paid employees. New survey …

Looking for Work? Attend AARP’s Virtual Career Fair!

Are you seeking a career change or a new job? If so, plan to attend AARP’s Virtual Career Fair, Sept. 20 from 11 a.m. to 4 p.m. ET. The fair will feature employers from across the country. This live event is a great way to reignite your career, search for a new opportunity, meet potential employers, get job search advice and connect with other job seekers. You can access all of this from the comfort of your home through your computer. …

A Tale of Two Americas

Today’s sobering statistic: Almost 20 percent of people ages 55 to 64 have no retirement savings. And even among those who have saved, millions are facing a retirement “deficit” – meaning they will outlive their retirement savings by $57,000 on average per household. Why does that matter to the rest of us? Because if millions of older adults haven’t saved enough to be self-sufficient in retirement, they will end up turning to government safety net services – a costly proposition …

Obama Touts Insurance Rebates and Lower Premiums in 2014

By Phil Galewitz and Julie Appleby, Kaiser Health News Ratcheting up the campaign to sell the health law, President Barack Obama delivered a speech Thursday touting how millions of individuals are already benefiting from its insurance rebates, and others who buy coverage online in states such as California, New York and Oregon will pay lower-than-projected premiums next year because of increased competition. Discussion: 78 million consumers saved $3.4 billion on ACA health insurance “Consumers are getting a hint of how much money they’re …