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Paving the Way to
Stable Income
More than 20 million low-income people age 50 and over do not have adequate financial resources to meet their basic needs. Americans 50 and over now face the largest overall increase in long-term unemployment, the longest spells of joblessness and the least likelihood of finding jobs. Many are also caring for elderly parents, or supporting children and grandchildren who have been cut adrift by unemployment and other circumstances.
These struggling Americans have lost their foothold in the economy, and they want to get it back – not with handouts, but with tools and resources that will help them regain control.
Winning Back
Opportunity
In the
Spotlight
Income
Resources
Use the navigational menu to learn more about the tools and resources that will help low-income Americans age 50 and over regain control of their financial stability.
Featured
Programs & Services
AARP Foundation Tax-Aide
This program offers free assistance with tax-return preparation. Go
AARP Benefits QuickLink
See if you qualify for public assistance and you can save money on health care, medication, food, utilities, and more! Go
Finances 50+
This financial capability program is a collaboration between AARP Foundation and Charles Schwab Foundation. Go
Housing Solutions Center
This program offers free HUD-certified counseling and assistance to 50-plus homeowners who are at risk of foreclosure. Go
Back to Work 50+
We are partnering with workforce services providers to strengthen the bridge between 50+ job candidates and respected employers. Read
Income in the
News
Are Boomers Confident About Retirement Saving? Survey Says No.
(Marketwatch, April 2) - A new survey by the Insured Retirement Institute notes a marked drop in the last two years in boomers' confidence that they are saving enough for retirement. Read
Older Americans Adding to Debt to Help Relatives
(Marketplace, March 27) - Recent studies indicate that 50+ Americans now carry more credit card debt than those under 50, the first time for such a swing. And a good portion of that debt comes from older Americans helping out struggling relatives. Read
Challenges Face Those Who Want to Continue Working
(Huffington Post, March 21) - In her most recent blog, Sara Rix, senior strategic policy advisor with the AARP Public Policy Institute, notes that although many older Americans want to keep working, challenges such as ill health, job loss and caregiving responsibilities often still stand in the way; however, ongoing improvements in employment options continue to make "working close to forever" highly appealing. Read
