Could You Retire From Your Job in Debt?

Think about retiring from your job with no savings — not even a little bit — just debt. Unfortunately this is the case for one in five Utahans, according to a new study released recently by Notalys LLC. This news is troubling, to say the least. To make matters worse, with 45 percent of working-age households having nothing — zero dollars — saved toward retirement, what’s playing out in Utah could have significance nationwide. That’s why Utah and other states around …

Groundbreaking Law Will Help 2.5 Million Workers Retire With Confidence

”Great news from Illinois: A new law will help 2.5 million workers retire with confidence. Signed by former Gov. Quinn this year, the Illinois Secure Choice Program gives millions of state residents a way to save for their future at work — a tool that increases savings rates by 15 times.  Upon signing the bill, Gov. Quinn shared, “This is a special … opportunity, for all of us to go forward at helping people save for retirement. Secure Choice is …

Across the States: Fighting for You in 2015

This month, state legislatures throughout the nation are convening to mark the inauguration of new governors, state legislators and other state leaders. We will then begin to hear State of the State messages from governors that detail the challenges, opportunities and priorities they have defined for the year ahead. At AARP, we’ve also set our priorities for 2015 with a state advocacy agenda that highlights how we will continue to fight for you in every state, the District of Columbia, Puerto …

When Mom’s a Republican and Pop’s a Democrat

My mom was born in the same year that the 19th Amendment to the Constitution — giving women the right to vote — was ratified. She was a daughter of immigrant parents, who came to America in pursuit of freedom and opportunity. And my mom relished her right to vote. I have very early memories of walking with my mom, pop, brother and sister blocks to our polling place located at Outwater Park. It was a family tradition. I remember …

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 …

New Retirement Savings Plan Is Win-Win for Workers, Businesses

Last week, I sat down with Adrienne Mitchell of MarketWatch to talk about what 57 million American workers lack: a way to save for retirement at work – leaving them with little opportunity to secure their financial future. Just think about this for a minute: For workers who do have access to a retirement savings plan in the workplace, such as a 401(k), this increases their savings rate by 1300%. And, no, that’s not a typo. So, how can we …