Savers Need a Projection of Their Full Retirement Income

Individuals need better information to know how much to save for retirement. A good place to start is to provide them with a projection of their total retirement income that includes the monthly income they can reasonably expect from their retirement savings and their Social Security benefits. This combined estimate needs to be on one statement. Fifty-nine percent of U.S. savers in one poll reported being very or moderately afraid that they will not have enough money in retirement. That …

Celebrating AARP’s Volunteers

You may not have been aware, but this week is National Volunteer Week — a time to thank our nation’s more than 62 million volunteers for the experience and passion they dedicate to improving their communities. Those millions of volunteers’ contributions total an annual economic value of $184 billion. At AARP, we know how valuable those contributions are in making our communities stronger. In partnership with the nearly 60,000 exceptional volunteers who join us every day, we work to improve …

Political Dodgeball: Updating Social Security

En español | You may have played dodgeball as a child. If you didn’t, the premise is pretty simple: Dodge any ball that is hurled in your direction while trying to throw balls at other players to knock them out of the game. The last two people in the game usually square off in some form of “chicken,” and the last person standing wins. Sounds eerily reminiscent of our political process for the presidency too, doesn’t it? Avoid specifics and …

We the People vs. Wall Street

The story of David and Goliath is usually told when someone who is facing daunting odds and isn’t supposed to win does just that — wins. Whether it’s an underrated Cinderella story in March Madness, the Cubs and the World Series — if they ever get there again — or when Wall Street actually loses to “we the people.” These stories are sadly all too few. But today we scored one for the little guy: The Obama administration finalized the …

Older Workers Haven’t Recovered Retirement Optimism

En español | Older workers are less confident today than a decade ago about having enough money for a comfortable retirement, according to a new survey by the Employee Benefit Research Institute. Among workers 55 and older, 20 percent say they are very confident of their retirement prospects. That’s down 6 percentage points from 2006 and the steepest decline in optimism among all age groups, EBRI reports. Enter to win a Volvo V60 Cross Country, a national parks vacation for two …

You Did It! CNN Presses Candidates on Social Security

Your voices were heard. Last night, CNN Republican debate moderator Jake Tapper responded to the 140,000 AARP members who signed our petition and others who tweeted suggested questions by asking every candidate about their plan for the future of Social Security. Last week, AARP’s Take a Stand campaign delivered petitions to Fox News and CNN urging the networks to ask the candidates a question about how they would update Social Security for future generations. Our AARP Florida team also did …