En español | As Social Security celebrates its 80th birthday, the program remains as popular as ever among all age groups, although some people are skeptical and confused about its long-term financial outlook.
It seems a lot of Americans are okay with spending beyond their means from time to time. A new survey conducted by COUNTRY Financial found 52 percent of respondents periodically spend more than they earn in a given month. Yet only 9 percent believe their lifestyle is more than they can afford.
Millions of older adults are still paying off student loan debt. New research from the Federal Reserve Bank of New York found Americans 60 and older still owe about $36 billion in student loans.
Hey all, Jenn here from the AARP Illinois Communications team. In this post I wanted to tell you about some of the legislative work that AARP staffer Ryan Gruenenfelder has been doing down in Springfield. I spoke with Ryan yesterday about House Bill 1689 - a bill that goes into effect in Illinois this month which addresses an issue that he's been working on for about 3 years - cracking down on those sad, sad souls who try to steal Social Security checks and any other sort of money from the elderly and disabled.
In case you missed it yesterday, Elinor Ginzler, AARP Senior Vice President for Livable Communities, participated in a live chat on the Washington Post's website, answering questions all about the financial and emotional costs of caring for elderly parents. Ginzler joined Paula Span, co-author of "When the Time Comes: Families With Aging Parents Share Their Struggles And Solutions," the Washington Post's Michelle Singletary in answering several reader questions about how to handle this important, and often times tough, situation.
Yesterday, AARP's Director of Financial Security, Jean Stetzfand, was featured in a segment NPR's "Tell Me More" program. Stetzfand is discussing the issue of older workers and unemployment - a topic that is gaining more and more exposure in the media recently, and obviously one that is important to AARP and its members. Read the transcript or listen to the segment here.
I found this Bulletin Today article really interesting, and one that applies to many more people than we think. The title, "Are Your Risking You Own Retirement If You Give Financial Help to an Adult Child?"
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