AARP does it again August 8, 2017 AARP gives us a “reality check” when we turn 50. Usually on our 50th birthday, an application for membership arrives in the mail. (The organization goes by AARP now … it was formerly known as the American Association for Retired Persons.) AARP recently gave us a second “reality check.” It gave us the option of renewing for one year for $16, or paying $200 for a “lifetime” membership. We’d have to live 12.5 years for a “lifetime” membership to pay for itself. Makes one think!