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Thursday, April 25, 2024

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SCOTUS skeptical that state abortion bans conflict with federal health care law; Iowa advocates for immigrants push back on Texas-style deportation bill; new hearings, same arguments on both sides for ND pipeline project; clean-air activists to hold "die-in" Friday at LA City Hall.

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"Squad" member Summer Lee wins her primary with a pro-peace platform, Biden signs huge foreign aid bills including support for Ukraine and Israel, and the Arizona House repeals an abortion ban as California moves to welcome Arizona doctors.

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Free Financial Planning Tips to Help Latinos Recover Post-Pandemic

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Monday, May 16, 2022   

About half of Latinos either lost a job or had their wages cut during the pandemic,according to a recent survey from Pew. Now, AARP is offering a free new program - called "Let's Talk Dinero" - designed to help Latinos get back on their feet.

Today, the program will host a webinar on the cost of caregiving. Adriana Mendoz - associate director for advocacy and community engagement for AARP California - said many Latinos are just getting by, so retirement planning can take a back seat to other priorities.

"Underrepresented communities like Latinos and Blacks and some Asian groups," said Mendoz, "they're just not at par with their white counterparts in terms of retirement savings, pension plans, 401(k)s, and this sort."

Let's Talk Dinero offers monthly online events on retirement, caregiving, entrepreneurship and managing finances. People can get more information on 'aarp.org/letstalkdinero'.

Mendoza said the website has multiple easy-to use tools that help with student loan repayment, connect you with an advisor, calculate what you can expect to get from Social Security, or find how much to invest in a 401(k).

"We have a tool that's called 'The Money Map' that basically helps you develop a budget plan for unexpected expenses, manage debt and build savings plans," said Mendoz.

Statistics from MRI-Simmons show that the Latino community is largely underserved by the banking sector.

Seventy-one percent of Latinos age 35 or older use a banking service, 34% have a non-interest checking account, 22% use overdraft protection, 18% have interest-bearing checking accounts, and 8% use Certificates of Deposit.



Disclosure: AARP California contributes to our fund for reporting on Health Issues, Senior Issues. If you would like to help support news in the public interest, click here.


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