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A new AARP survey finds that 20% of adults ages 50+ have no retirement savings, and more than half (61%) are worried they will not have enough money to support them in retirement. The findings also reveal a decline in overall sense of financial security among men, 42% of whom describe their financial situation as “fair” or “poor,” up from 34% in the beginning of 2022. However, roughly 40% of men who are regularly saving for retirement believe they are saving enough, compared to just 30% of women.
Today, AARP Executive Vice President and Chief Advocacy & Engagement Officer Nancy LeaMond issued the following statement in response to the Department of Labor’s (DOL) release of its final “Retirement Security Rule”:
According to a new AARP survey, more than 1 in 5 (22%) adults have no retirement savings. Nearly 2 in 3 (64%) are worried that they will not have enough money to last in their later years. Today, AARP and the Ad Council launched “This Is Pretirement,” a new, fully integrated campaign that encourages those thinking about retirement to plan for their financial future.
WASHINGTON—AARP Chief Executive Officer Jo Ann Jenkins released the following statement in response to today’s announcement of a 3.2% cost-of-living adjustment (COLA), or an average of $59...
AARP CEO Jo Ann Jenkins issued the following statement in response to President Biden’s State of the Union speech this evening
AARP Executive Vice President and Chief Advocacy & Engagement Officer Nancy LeaMond issued the following statement on the Senate passage of the bipartisan 2023 omnibus bill. Earlier this month, AARP sent a letter to Congressional Leadership urging them to include important priorities for those age 50+ in any year-end legislative package.
New AARP research found that 33% of adults age 30 and older said their financial situation is worse than it was a year ago, up from 22% in January. And 35% of adults age 65 and older said their financial situation is worse, up from 13% in January – a startling 169% increase.
WASHINGTON—AARP Chief Executive Officer Jo Ann Jenkins released the following statement in response to today’s announcement of the 2023 cost-of-living adjustment (COLA) in Social Security...
Nearly half of workers in the U.S. do not have access to a retirement plan at work, according to a new AARP study. Nearly 57 million people — 48% of American private sector employees ages 18 to 64 — work for an employer that does not offer either a traditional pension or a retirement savings plan.
A new AARP national survey shows many LGBTQ adults age 45 and over have concerns about aging, with worries about having enough money in retirement, discrimination and a lack of family support topping the list.
