Picture Yourself Post-Retirement – The second suggestion was to estimate my monthly retirement income and expenses.Avo recommended that I set up a monthly contribution to a fund that reflects my risk tolerance. This is an individual retirement account for the self-employed. Do It Yourself – Since I’m a freelancer, the first point of counsel was to make sure I set up a SEP-IRA.Below are Avo’s three high-priority tasks for me: The questions only take three minutes, and you get personalized advice on action items and next steps. Avo asks you a few questions to help you prepare for retirement. AARP’s Ace Your Retirement tool features Avo, a digital retirement coach. No matter how old you are, it’s essential to get on the right track for retirement. There are several free benefits and tools that anyone can use. Not everything AARP offers requires a paid membership. Let’s look at what AARP offers with and without a membership. You can also add your spouse to the membership for free. If you set up your membership for auto-renewal, the cost drops to $12 per year. Anyone can pay the annual fee and get the perks, regardless of age.įor just $16 per year, you can get access to all membership benefits and discounts. While AARP targets those ages 50 and older, there are no age requirements to join.
