debt
As the Financial Security Trend Survey shows, the important role of policy – both public and private – are key components to improving financial health.
American families have been accumulating debt at a rapid pace over the past two decades, with the debt level nearly doubling. Yet family incomes have not kept pace. As a result, the long-term retirement security of many families is at risk.
Nearly a quarter of Americans put saving for retirement on hold during the pandemic and stopped contributing to — or prematurely dipped into — their retirement accounts, according to a troubling new AARP Research study. More than half of the more than 5,400 adults surveyed said a lack of money has…
Financial access gaps persist, and demonstrate how much work remains to ensure that all financial products are fair, equitable, and affordable.
A payment pause and expanded employer assistance help some borrowers tackle their student loans, although others are left out.
College costs have increased substantially from 1964 to today, and higher costs and borrowing may affect young workers’ retirement security
Today AARP submitted a letter to the Consumer Financial Protection Bureau (CFPB) commenting on the agency’s proposal to regulate the payday lending industry. For years, many of AARP’s state offices have engaged their state legislatures and governors to secure consumer protections for Americans who…
Celebrating Black History Month is a tremendous opportunity to acknowledge our past achievements, address present challenges and dream about future possibilities. The legacy of Dr. Martin Luther King Jr. inspires us to dream about a future that affords us to live in comfort and prosperity. He…
We heard through the grapevine about a boomer couple upset because their son, who graduated from a prestigious college and professional school without loans, was marrying a young lawyer with tens of thousands in educational debt. The parents feared that paying off this financial burden would delay…
We all want our children to be successful and happy. And though being financially fit won’t make anyone happy in and of itself, it can at least take away money stresses and allow the kids to pursue happiness. Just in time for Financial Literacy Month, three journalists from the Wall Street Journal…