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Saving and Protecting Money Topic of Seminars, AARP Ads

AARP volunteers will help to facilitate a series of upcoming public courses beginning this spring to help Arkansans age 50-plus prepare for retirement.

The series, entitled How Can I Afford Retirement? will be repeated in several locations providing objective, non-commercial investor education on topics of timely importance to boomers such as calculating how much money you will need for retirement and how to save for it. Events will either be Thursday evenings or Saturday mornings at public libraries. Each event will include a non-commercial presentation by a financial expert, an introduction to financial resources at the library and online by a reference librarian and a small group discussion about such issues as savings rates and investment options, facilitated by AARP volunteers.

For more information on the upcoming events, register online or call 479-545-4399.

AARP recently launched local TV, radio and print ads in Arkansas and other targeted states calling on the Senate to put consumers first, not the financial institutions that caused the economic crisis that hurt millions of older Americans. The ad campaign highlights the consequences of the financial industry’s reckless behavior, using a jingle with lyrics including:

“Oh big banks how you’ve used us
Mistreated and abused us
Mortgage lenders too
We gave you our trust
Then you almost went bust
Turned our taxes into bonuses too
Now you want to forget
We paid off your debt
You act like you’re free of blame
But your profits they grew
While you broke every rule
We’re tired of playing your game
Stop the fat cats from putting your money at risk – tell your senators to pass financial reform now.”

“We know now that older Americans lost billions of hard earned dollars due to the failure of an outdated and compromised financial regulatory system,” said Nancy LeaMond, Executive Vice President at AARP.

“AARP is calling on Senators to pass a strong bill that includes, among other protections, a strong and independent consumer watchdog, rules that forbid the financial industry from selling products they know their customers can’t afford or don’t understand, and greater transparency in an industry that has historically operated behind closed doors,” said LeaMond.

To view the ad and learn more about the initiative, visit action.aarp.org/yourmoney or watch the ad on YouTube.

Find more information about AARP’s financial reform surveys.

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