Advertise on podcast: MoneyTalks 50+

On the season finale of Hidden Chapters, Season 7 of MoneyTalks 50+, Jess is giving you three financial tools that are helpful regardless of your retirement goals. Today, Jess will teach you about credit reports, credit freezes, and consumer reports.  Resources mentioned in this episode:  Credit Report Resources Annualcreditreport.com Order your free credit report by phone: 1-877-322-8228Credit Freeze Resources https://www.experian.com  Experian: (888) 397-3742https://www.transunion.comTransunion: (800) 916-8800https://www.equifax.comEquifax: (888) 298-0045Consumer Reports Resources https://www.chexsystems.com/Other Resources Senior PlanetSenior Planet helpline number: (888) 713-3495Financial Empowerment center phone number: (720) 944-2498Financial Empowerment center e-mail: [email protected] helpline: 800-222-4444, select option 2Our music was created by OfShane.  ElderWatch does not provide financial or legal advice.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

Today’s minisode discusses a different kind of hidden chapter – cognitive biases and marketing techniques. Join Jess as she helps you spot different psychological techniques and traps that may lead you to spend and buy more than you need, or lead you to purchase things you didn’t need in the first place!    ElderWatch does not provide financial or legal advice.    Our music was created by OfShane.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

Long Term Care is a hidden chapter that many people don't want to discuss, whether for themselves or for a loved one, but a bit of planning can make all the difference when it comes to this hidden chapter. Join Jess as she discusses some of the considerations that will help you evaluate a location, and provides some ideas on how to finance long term care.  In this episode, you'll hear Jess say "ADLs." ADL stands for "Activities of Daily Living," and encompasses things like walking, feeding, dressing, etc. In other contexts, you may also hear "IADLs" which stands for "Instrumental Activities of Daily Living." These differ from ADLs but are still critical to understand. IADLs include things like driving, meal prep, and chores.  Resources mentioned in this episode: Area Agency on Aging for Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Jefferson and Gilpin counties.AARP Colorado YouTubeSSA Benefits CalculatorVA BenefitsColorado Old Age Pension ProgramColorado Home Care AllowanceElderWatch does not provide financial, legal, or medical advice.  Our music was created by OfShane.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

Retiring outside of the United States is a dream for many, and may be a great way to reduce your cost of living; however, without proper planning and consideration of logistics and finances, this hidden chapter may be more difficult that you realize.  Join Jess as she discusses some of the common reasons that retiring abroad may be unsuccessful, provides some tips on choosing a location to move to, and reveals some of the hidden financial considerations that are imperative to a successful retirement outside of the United States.  Resources mentioned in this episode:  Social Security Administration Payment Abroad Screening ToolSocial Security Administration “Your Payments While You Are Outside the United States” MoneyTalks 50+ is brought to you by ElderWatch: a 20+ year collaboration between AARP and the Colorado Attorney General's Office. Our goal is to educate and protect older Coloradans through fraud and financial literacy education. If you or someone you know has experienced fraud or a scam, or is looking for a local financial literacy resource, give us a call! Our phone number is 800-222-4444, select option 2.  AARP ElderWatch does not provide financial, legal, or medical advice.   Our music was created by OfShane.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

75% of older adults want to stay in their homes, and 73% want to stay in their communities; however, 44% feel that a move is inevitable. When it comes to aging in place, there are many hurdles that must be overcome to make this Hidden Chapter successful. Join Jess for part 2 of her discussion on aging in place, where she will speak with experts on the subject to help your money make more sense when it comes to financing this hidden chapter. In part 2, Jess, Joanne Binet, and Shannon Guzman will discuss some practical ideas and adaptations to make aging in place a reality.  Resources Discussed in this Episode:  AARP Livability IndexDisaster Resilience Tool KitAARP Home FitSenior PlanetThe ABCs of ADUsADU Guide to Design and DevelopmentGoing Tiny For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

Finances can be one of the first arenas where we begin to see the presence of cognitive decline, but do you know what some of the signs are?  In today’s mini episode, Jess will provide a high level overview of some of the financial indicators that might tip you off about the potential presence of cognitive decline.  Resources Mentioned in this Episode: Free Financial Tools (YouTube series)National Do Not Call RegistryMoneyTalks 50+ is brought to you by ElderWatch: a 20+ year collaboration between AARP and the Colorado Attorney General's Office. Our goal is to educate and protect older Coloradans through fraud and financial literacy education. If you or someone you know has experienced fraud or a scam, or is looking for a local financial literacy resource, give us a call! Our phone number is 800-222-4444, select option 2.  AARP ElderWatch does not provide financial, legal, or medical advice.    Our music was created by OfShane.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

75% of older adults want to stay in their homes, and 73% want to stay in their communities; however, 44% feel that a move is inevitable. When it comes to aging in place, there are many hurdles that must be overcome to make this Hidden Chapter successful. Join Jess for part 1 of a 2-part discussion on aging in place, where she will speak with experts on the subject to help your money make more sense when it comes to financing this hidden chapter. In part 1, Jess, Joanne Binet, and Shannon Guzman will discuss some of the reasons that aging in place might be challenging.  Resources Discussed in this Episode:  Property Tax Exemption for Senior Citizens in ColoradoRebates, Exemptions, and Deferrals For Senior Citizens, Persons with Disabilities, Persons Called Into Active Military Service, and All Property OwnersOlder Adults AssistanceMoneyTalks 50+ is brought to you by ElderWatch: a 20+ year collaboration between AARP and the Colorado Attorney General's Office. Our goal is to educate and protect older Coloradans through fraud and financial literacy education. If you or someone you know has experienced fraud or a scam, or is looking for a local financial literacy resource, give us a call! Our phone number is 800-222-4444, select option 2.  Our music was created by OfShane.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/ For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

Topics that make us consider our mortality – such as estate planning and healthcare proxies – are things that many people don’t want to talk or think about. Unfortunately, leaving these things to chance – especially if you’re a solo ager – may result in situations that do not reflect our desires.  Join Jess as she explores what happens when someone passes away without a will in Colorado, and what happens if you are not able to advocate for yourself in a medical setting, but don’t have a health care proxy. At the end of this episode, Jess will also provide some resources that make delving into these hidden chapters a little easier and less daunting.  Resources Discussed in this Episode: The Conversation ProjectFinancial Empowerment CenterSunshine Home ShareEnd of Life Planning YouTube SeriesMoneyTalks 50+ is brought to you by ElderWatch: a 20+ year collaboration between AARP and the Colorado Attorney General's Office. Our goal is to educate and protect older Coloradans through fraud and financial literacy education. If you or someone you know has experienced fraud or a scam, or is looking for a local financial literacy resource, give us a call! Our phone number is 800-222-4444, select option 2.  Our music was created by OfShane.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

Solo Agers are individuals who live alone, and who do not have children – or, whose children are unwilling or unable to provide additional support.  According to the US Census Bureau, there are approximately 22 million adults age 55+ who live alone, and an estimated 28% of them are childless. When we factor in adults 55+ who have children, but whose children are unwilling or unable to provide support, solo agers encompass about 34% of older adults in the United States. Given the growth of the solo aging community, as well as the current caregiver crisis in the United States, Jess invited AARP Research Director Laura Skufca to MoneyTalks 50+!  Join Jess and Laura to learn more about recent research on Solo Agers, important considerations when it comes to being a successful Solo Ager, and some financial literacy topics and resources that are critical for this unique group. Resources Discussed in this Episode:  Sarah Gebber – author of Essential Retirement Planning for Solo AgersAARP Retirement Calculator Home Fit guideLivability indexOther AARP CalculatorsVCC – Virtual Community CenterSenior PlanetFinancial Empowerment CenterDOROTArea Agencies on AgingMoneyTalks 50+ is brought to you by ElderWatch: a 20+ year collaboration between AARP and the Colorado Attorney General's Office. Our goal is to educate and protect older Coloradans through fraud and financial literacy education. If you or someone you know has experienced fraud or a scam, or is looking for a local financial literacy resource, give us a call! Our phone number is 800-222-4444, select option 2.    Our music was created by OfShane.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

Buy Now Pay Later programs, also known as Point of Sale Loans, are increasing in their availability. In some ways, they are similar to traditional layaway with one huge twist, and many more possible financial consequences.  Join Jess to learn more about how Buy Now Pay Later programs work, as well as some of the contractual consequences and psychological pitfalls that can make this appealing payment method cost more than you might expect.  MoneyTalks 50+ is brought to you by ElderWatch: a 20+ year collaboration between AARP and the Colorado Attorney General's Office. Our goal is to educate and protect older Coloradans through fraud and financial literacy education. If you or someone you know has experienced fraud or a scam, or is looking for a local financial literacy resource, give us a call! Our phone number is 800-222-4444, select option 2.  Our music was created by OfShane.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

Welcome to another season of MoneyTalks 50+! This season is called "Hidden Chapters."  Living the life you want in retirement takes planning, but there are some chapters that we hear about more than others when it comes to building the life we want. In Season 7 of MoneyTalks 50+, we'll be covering some of the chapters that people tend to know little about planning for, don't want to think about, or that people are often surprised by. Topics will include Solo Aging, Financing Long Term Care, Tips for Retiring Abroad, Aging in Place, and more!  MoneyTalks 50+ is brought to you by ElderWatch: a 20+ year collaboration between AARP and the Colorado Attorney General's Office. Our goal is to educate and protect older Coloradans through fraud and financial literacy education. If you or someone you know has experienced fraud or a scam, or is looking for a local financial literacy resource, give us a call! Our phone number is 800-222-4444, select option 2.  Our music was created by OfShane.  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

It’s the season 6 finale of Money Talks 50+! In today’s mini episode, Jess will be finishing out the season by giving you some tangible, practical ideas for stretching your retirement income. She’ll be talking a little bit about insurance brokers and senior living placement agencies, targeted advertisements and cookies, ideas to limit impulse buys in person and online, and some ideas for saving money while having a night in. Give us a listen, and hopefully we’ll help your money make a little bit more sense!  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

For our last long form episode of the season, we are rounding out our Investment 101 exploration with friend of the podcast, Brian McKinney! Brian is a Founding Partner and Senior Wealth Advisor at Collective Wealth Partners. He is a CFP, RICP, holds an MBA, and has worked in the field for over 15 years.  Following our investment chats with Gerri Walsh, Jess and Brian will help you better understand the difference between stocks and funds, the differences between various funds, bonds, habit building around your investment portfolio, and market patterns, among – as always – a plethora of other things! Give us a listen as we complete our Investment 101 series, and help your money make more sense!    For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

It's Wednesday, which means it's time for another mini episode! Today Jess is digging into simple, practical strategies to stretch a dollar, including tips for discounted summer activities! For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/

Gerri Walsh, Senior Vice President of Investor Education at the Financial Industry Regulatory Authority (FINRA), is back to continue her investing basics discussion with Jess! In today's episode, among other things, we'll be talking about investing strategies, apps, food for thought in your personal investments, and more!  For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/