hi everyone. welcome to "on the money." 70 is the new 65. why more and more people are waiting to retire and it's not all bad news. a wearable device that can call for help. how one company wants to keep you in style and safe. the top states for business. where it's booming, where it's busting and why it really matters. and travel agents. when you should use them and when you shouldn't. and the new boom in beauty. going natural. but what does that really mean? "on the money" starts right now. >> this is "on the money." you're money, your life, your

perhaps better said, the opposite of retirement. more americans age 65 and older are still employed at the highest rate since 1962. for this week's cover story, more boomers are working over time. >> i'm retired, happily. >> i would retire at 50. >> why? >> well, because it's a lot younger than 65 or 70. >> 65. that was the age when your work days ended and the life of leisure began. but that's becoming more rare. >> i plan on working until i really can't anymore. >> for millions retiring at 65 may not be financially possible. in 2000, 13% of americans age 65 or older were still working full or part time. today that

19%. by 2021 an estimated 32% of seniors will still be on? job. >> if i live to be 100, i think i could work up to 80 years old because i love what i do. >> the number of people in the work force age 25 to 64 isn't projected to change much. today there were more workers than young workers age 16 to 24 and that gap is expected to increase. >> one will have to work many, am many years. i wish i could retire earlier but i cannot and that's okay. >> but is it okay that the age people can retire keeps getting older? aarp's senior vice president of programs. thanks for joining us. i'm sure there are a lot of different reasons but in general why are so many boomers

>> our research shows us 30% of the people -- >> is that because fewer people have pensions or because they haven't saved enough or perhaps a little bit of both? >> i think a little bit of both but i think the underlying systems of retirement is the major driver so we're moving away from traditional pensions and to 401 ks. you have a lower base of guaranteed income so everybody's relying on social security as that floor. they no longer have the traditional pension that lasts them a lifetime. and the other onus is to have the workers save for retirement and for many people, about 55 million people don't even h

way to save at the work place which makes it harder for them. >> boomers are generally healthier. they want to stay engaged. they want somewhere to go every day. that's the positives, right? >> in the same survey i sited before, they actually enjoy it. it's a social outlet. they feel productive. we're actually living longer and what greater way to stay engaged but at the workplace. >> and there are so many more options i would think. we have the gig economy, which i would assume makes it a lot easier for those who do want to continue to work kind of seek out those opportunities if and when they want them. >> absolutely. the flexibility of the gig economy or part-time work is something we actually do see. the trends are

for sure in terms of the participation for older workers in that type of arrangement and every time we do actually have sources related to part-time work, we see a spike in our resources an for them. i think the flexibility that allows you to earn some income at the same time enjoy their life is an interesting way for people to consider part-time flexible work. >> do you find in quote on quote traditional jobs that the older boomer gets pushed out of the work force and therefore tends to go into the ubers, the airbnbs for the flexibility? >> unfortunately we see the perception and the realness of age discrimination in the work force. we showed as early as 45 the

perception of age discrimination is roughly 50% of the people we talked to. so that's actually real. so moving to the gig economy where you can feel like you're more the driver, literally in the work situation, the better and also we're seeing increases in the whole realm of entrepreneurship. >> jean, thank you so much for joining us. we appreciate it. >> thank you. >> and now here's a look at what's making news as we head into a new week on the money. janet yellen spoke and the markets listened. she delivered her annual congressional testimony and said interest rates will be gradual and they will not have to rise much further. the message did not contain a lot of surprises or specifics. that sent the dou to record levels on wednesday and thursday. the nasdaqnd

500 strong as well. stocks continue to climb at the end of the week. the soft ware giant has a plan to use available digital channels to provide rural america better broad band service to get high speed access to the more than 23 million rural americans who don't have it and jc penny's betting big on toys. the move will be a permanent one in all of its stores that number 1,000. the company is fighting online shopping and a fading brick and mortar retail industry. the state of business depends largely where you live. a new study based on factors such as quality of life, work force education, taxes and the economy, found the best and the worst. here's the top

number 5, north carolina. texas fourth. minnesota three. georgia was second. and america's top state for business is an economic power house too. you may not think of it that way but you probably use some of its productess every day. scott comes from the state of washington. >> reporter: you can shop at costco using soft ware from microsoft ordered from expedia on a jet built by boeing. a fast growing job market and a red hot housing market. washington not just top 10 finishes in five out of 10 categories. work force, economy, tech and innovation and access to capitol. >> a robust, growing economy,

innovative entrepreneurs, safe communities. >> reporter: but as is offen the case here clouds are building. home construction is slowing down. boeing the state's largest employer is cutting jobs, nearly 10,000 in the last year, prompting a big i told you so from the critics of insentives given the company. >> boeing is gaining the fine print of these two huge incentive packages that total more than $11 billion. >> reporter: and the state only recently began reinvesting in its troubling infrastructure. >> we know talent is going to drive the energy source of the future. >> reporter: but the challenges leave washington facing a nagging question. has the state reached its peek or is there room to grow

higher? in mt. ranier national park, washington. >> its work force is also the least educated in the nation. up next we're on the money. stay safe. a little device with a powerful purpose and message. and later travel like a pro. how booking through an agent could send you on the trip of a lifetime. and a look at how the stock market ended the week. ♪

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women world wide will experience physical or sexual violence in their lifetime. a company called roar for good is using a personal safety device to combat that problem at its core. and joining me are the co founders yasmin mustafa and anthony gold. and you're wearing your roar for good t-shirt said? >> yes. >> excellent. >> athena is the name of the device and we have one of them onset. anthony, you're actually wearing it. >> so athena you can wear it anywhere you like. as a necklace, a bracelet, attached to a belt clip. has a button on it, you press and hold the button and it will emit a .90 decibel alert. and it sends an emergency message to my emergency contacts to get emergency help of where i am and people can watch over me so i

one other thing i built into this is there are occasions where you may not want to threat perpetrator know. in that case you triple tap the button, a little vibrate and still sounds out the emergency contact. >> how did you come up with this concept? >> i four years ago went backpacking through south america by myself. everywhere i went i kept meeting locales and women who would share a story of a time they were harassed, aic taed, abused. and a week after i came back from philadelphia a woman went out to her car and dragged into an alley and brutally assaultd and that was the moment anthony and i banded together to start roar. >> and you try to take

the profits and empower other men and women to become more active. >> we didn't want to take a tool like pepper spray and tasers. where it's going to make the biggest impact is to get to the core of the issue and how you do that is you partner up with programs that teach young kids when they're most impressionable about consent and respect and healthy relationships. there's a proven coalition between those skills and decreasing attacks and harassment against women. >> one of the things you're looking at is getting these in the hands of students on college campuses. >> we want to get them in the hands of everyone. anyone who in any way feels threatened. we've had a lot of people purchase them for their children. our whole mission is to get to the root

reduce assaults against everyone. and that's why it's so critical. and another critical piece is getting more male allies involved. they're societal issues. we need more men to step up and say we need to do something about this and that's why we named the company roar for good. nothing would bring us more joy than a company like we're building. >> well, best of luck. thank you so much for joining us. we really appreciate it. >> thank you so much. . >> up next we're "on the money." going old school. travel websites might. -- and why part of the beauty i love how usaa gives me the peace of mind

the marines did. at one point, i did change to a different company with car insurance, and i was not happy with the customer service. we have switched back over and we feel like we're back home now. the process through usaa is so effortless, that you feel like you're a part of the family. i love that i can pass the membership to my children, and that they can be protected. we're the williams family, and we're usaa members for life. call usaa today to talk about your insurance needs. arrive at the airport for your flight. recalculating. your missed flight. ♪ recalculating. ♪ free, free recalculating. ♪ set me free recalculating. ♪ set me... in 15 feet, realize the destination isn't what matters.

♪ expedia, orbits, priceline, travelosity, there are dozens of websites to help you book your next trip but sometimes you need to break down and go with a pro. joining me is cathy gifford with tips on when you should use a travel agent. welcome. i think a lot of

travel agents are going away of the dinosaur but that is not the case. >> no, it's not the case. certain online sites rose up like expedia, travelosity, those are the quick one-stop places to go to booking a trip but sometimes it's helpful to go to a person and this is when you're planning a pricey trip, a place to a far flung corner of the world, it's hard to go to a person. >> or a group like a family. >> and there's multiple reservations involved. you don't have the time to coordinate all this on your own and it's helpful to go to a pers person. >> i have used an agent. my son has food allergies. i need know which countries are the easiest to navigate. >> we have a whole network of a list travel advisors and they

can go to them, use them because they have the inside track. >> can they save you money? >> absolutely. they get alerts on special deals, things the average person might not know about or have access to. >> what is the fee structure? or is there a fee structure? >> some agents might not charge you a fee. it could range from $50 to several hundred. you're paying them for their time and expertise? >> as i mentioned earlier, if it's something that's fairly straight forward, i think it's easier to do on your own but if it's very complicated, you should go with an agent. >> cathy gifford of travel and leisure. a look at the news for the week ahead and the new beauty trend that's driving sale said. but what does

mean? americans - 83% try to eat healthy. yet up 90% fall short in getting key nutrients from food alone. let's do more. add one a day men's complete with key nutrients we may need. plus heart-health support with b vitamins. one a day men's in gummies and tablets. iand you're taking warfarin, you have the choice of a different kind of blood thinner. pradaxa helps stop blood cells from pooling in the heart, forming a clot which can cause a stroke in the brain. in a clinical study, pradaxa was better than warfarin at reducing stroke risk. and in the rare case of an emergency situation, when seconds matter, there's the only fda-approved reversal treatment made for people taking pradaxa that helps you clot normally again. don't take pradaxa if you've had a heart valve replacement or have abnormal bleeding. don't stop taking pradaxa without talking to your doctor, as stopping increases your risk of stroke or blood clots. tell your doctor before any planned medical or dental procedure, or before stopping pradaxa. pradaxa can cause serious, but rarely fatal bleeding. seek immediate medical help with signs of bleeding,

like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have kidney problems, stomach ulcers, a bleeding condition, or take certain medicines. side effects can include indigestion, stomach pain, upset or burning. ask your doctor about pradaxa and its reversal treatment available nationwide.

♪ here are the stories coming up that may impact your money this week. monday the house of mouse celebrates 62 years of fun at disneyland. tuesday the national association of home builders is

monthly serving on the housing market. and friday is the seventh anniversary of the dod frank act which placed stiff regulations on the financial industry. many people also worry about what's in the cosmetics they use and that is leading to a boom in sale ochz natural cauosmetic products. as andrea day reports, giant target with sales on the rise. >> i guess we're trying to understand what's in this product? >> it's the call for natural beauty and retailers like target are cashing in. >> what we're doing is taking this great idea and making it very accessible. >> the

billion in sales. >> we brought that to the front of the department on a full display and we've increased that floor space. >> and just in time as the natural trend continues to nip away at the nearly 40 million dollar cause mosmetics and beau category. 2% of the total category but not expected to slow down. >> just as important as what you eat. >> reporter: some are working to reengineer products into more natural versions but what do words like natural mean? >> to be honest i don't know what that means, natural. >> reporter: the beauty industry is virtually unregulated, leaving companies to set their own standards. >> i think we have a right to know what's in our products. >> reporter: the fda does not approve cosmetics, although we do approve

in cosmetics. it's their responsibility to insure they're under customary conditions of use. jessica alba has paid nearly $9 million to resolve class action lawsuit. according to honest quote we vigorously deny any and all algags alleged in the lawsuit. we stand behind the safety and effectiveness of our products. we label each ingredient, not because it's required but because we're committed to providing clear and credible information. in an effort to incure further costs, we've made the decision to settle. >> if i'm not eating it or drinking it, i don't worry so much. >> reporter: but with so many now reading

it will take the lead and ban some labels by 2020. for "on the money" i'm andrea day. >> there is currently a bill pending in the senate that would give the fda additional authority to regulate beauty products. they want consumers to know products are safe. and that's the show for today. becky will be back next week. up next week credit card perks. they could be saving you money in ways you may not know about. each week keep it here. we're "on the money." have a great one. and we'll see you next time.

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good morning, america. new this morning -- missing the mark? the results from our abc news/"washington post" poll. americans giving donald trump the lowest six-month approval rating of any president in seven decades. what it could mean for his agenda. health care on hold. the vote to repeal or replace obamacare delayed with senator john mccain recovering from sudden surgery. could this help? or will it hurt the republicans' chance of getting their plan passed? high-rise investigation. the first look inside of the deadly damage caused by a five-alarm fire at this hawaii condo complex that killed three people. what we're learning about the victims.