Save more on your every day - and your once in a lifetime - with discounts on restaurants, shopping, gas and travel. We advocate for you on important issues such as Social Security, Medicare and Rx prices. Get access to quality auto, life, dental, vision and other insurance products from top companies.

AARP caters to older people who are looking for benefits and a sense of community. The organization offers an annual membership that provides access to senior discounts and offers.

$16 per year Membership is as little as $12 for your first year with automatic renewal and $16 per year after that; it's risk-free and can be canceled at any time. AARP also offers multi-year membership plans.

The American Association of Retired Persons The American Association of Retired Persons (now known as AARP) is founded by a retired high school principal, Ethel Percy Andrus, PhD.

The Financial Perks of Growing Older

• Senior discounts.
• Travel deals.
• Tax deductions for seniors.
• Bigger retirement account limits.
• No more early withdrawal penalty.
• Social Security payments.
• Affordable health insurance.
• Senior services.

AARP membership requirements Full AARP memberships are available to anyone age 50 or older, but anyone between 18 and 50 years old can still take advantage of nearly all of the benefits of an AARP membership. The only caveat is certain deals may be age-restricted, such as some insurance products.

Is AARP worth it? For most people age 50 and older, it's a great deal, as long as you're comfortable with the group's lobbying efforts and can stand the junk mail. Just one night in a hotel or a couple of dinners out per year can cover the cost of membership and then some.

1958 AARP is born It was incorporated on July 1, 1958, as the American Association of Retired Persons, with membership set at $2 a year. (In 1982, the two associations merged at the national level, and NRTA became a division of AARP.)

What is AARP's Membership Age Requirement? Members 18 and up enjoy all the benefits of an AARP membership that are not restricted by law or contract, like age-restricted insurance products.

Have you heard about the Social Security $16,728 yearly bonus? There's really no “bonus” that retirees can collect. The Social Security Administration (SSA) uses a specific formula based on your lifetime earnings to determine your benefit amount.

Many people correlate retirement with reaching senior status, and most people retire between 60 and 70 years of age, but the term “senior citizen” is subjective. While some people may consider those who are 50 or 55 to be seniors, others may think 65 is the magic number.