Tags: Retirement | AARP

What Is AARP?

By Ken Mandel   |   Tuesday, 01 Sep 2015 05:03 PM

AARP, formerly the American Association of Retired Persons, boasts more than 37 million members, all age 50 and older. The non-profit organization "enhances the quality of life for all" as they age and brings "value through advocacy, information and service," according to its website.

The organization “provides information, education, research, advocacy and community services through a nationwide network of local chapters and experienced volunteers,” Investopedia said. It sells financial services such as insurance and investment funds, acts as a political lobbying organization and publishes magazines.

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AARP co-founder Leonard Davis worked in the insurance industry as the head of the Colonial Penn Group. With his wife, Sophie, the Davis' company insured senior citizens who otherwise couldn't get life, health or automobile coverage, according to a 2001 obituary for Leonard Davis, published by the University of Southern California.

Davis and Ethel Percy Andrus, who ran the National Retired Teachers Association, started AARP in 1958. They worked to assist families in multiple areas, such as healthcare, job security and retirement planning. Members qualify for discounts on products and services and can get advice on living healthier, investing, and dining, according to the website.

The AARP website also offers computer games designed to help seniors stay mentally sharp and to pass the time. Support is provided from volunteers, donors and sponsors, and AARP has offices in every state.

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AARP, formerly the American Association of Retired Persons, boasts more than 37 million members, all age 50 and older.
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