19 Ways To Save Big During Retirement
The average Social Security check paid out in 2018 was for just $1,404, according to The Motley Fool.
That works out to just $16,848 per year... hardly enough to get by comfortably on these days.
And that’s before taxes!
It's no secret that retiring in today's economy is harder than ever for seniors. The costs of healthcare, housing, utilities and even food has all skyrocketed. And unfortunately the Cost Of Living Adjustment just isn't cutting it for some seniors.
That's why we've compiled this extensive list of the top ways that seniors can save money and make their retirement last longer with discounts and special offers. Enjoy!
1. Go Out To Eat For A Discount
Here are some awesome senior discounts at popular restaurants:
Applebees: 10% discount
Burger King: 10% discount and discounts on drink items
Denny's: senior menu with discounted prices
IHOP: senior menu as well as 10% off
Sonic: 10% discount
Golden Corral: discounted menu prices for 60 and over
Subway: 10% discount
Wendy's: free drink (or 10% at some locations)
Outback Steakhouse: 10% off for AARP members
White Castle: 10% off for 55 and over
2. Check For Mistakes With Your Social Security
You get a Social Security statement every year. Do not assume it is accurate. Check the numbers and report any errors to the Social Security Administration.
Remember, your benefits are based on the average of your 35 highest-earning years. A miscalculation for even one or two of those years could impact your benefit for the rest of your life.
3. New Medicare Advantage Policy Could Boost Your Social Security Check By $144 Every Month
URGENT: Deadline approaching for Open Enrollment period. Act now!
If you're 65 years or older and currently on Medicare, a new Medicare Advantage Policy could boost your Social Security check by up to $144 per month along with cutting down your out of pocket medical expenses. You'll be shocked to see how much you could qualify for!
It costs nothing to check, and takes maybe 2 minutes, so it’s very much worth your time. Select your age below, and see what’s available to you.
How Do I Qualify?
Step 1: Tap your age below.
Step 2: Answer a few questions to see if you're eligible for major benefits in 2020-2021! Click here to see if you're eligible.
Select Your Age:
4. Save On Your Property Taxes
Did you know that every state has some sort of property-tax benefit for seniors? Several states have programs that freeze property taxes completely for seniors, and 10 limit how much a property's tax value can increase. Also, the homestead exemption can be larger when a homeowner reaches a certain age. (The larger the exemption, the lower the tax.) In Colorado, seniors 65 and older can exempt up to 50% of their residence's first $200,000 in value.
Check with your local township to see ensure you're getting the senior discount!
5. Veterans Get a Massive Discount at Lowes
All active military and veterans are entitled to get a 10% discount on all in-store purchases at Lowe's.
To make it even better, Lowe's extends this offer to their spouses! Need new tools? How about new appliances? How about a kitchen remodel? Lowe's carries a variety of things, so take advantage of this incredible discount!
6. Ace Hardware Offers a Senior Discount!
Ace Hardware is a great store for quick shopping and friendly service. And what makes shopping there even better for seniors is that they now offer a 10% senior discount! This does vary by location, so give your local Ace Hardware a call and see if they offer it.
7. Ditch Your Home Insurance & Get Up To $536 Back a Year With This Lucrative Online Tool
Here's A Clever Way That American Homeowners Are Getting Up To $536 Per Year Off Their Current Home Insurance Bill
Still unknown to many is a brilliant online tool we're calling "The Amazon Of Home Insurance" that could benefit millions of Americans and reduce their home insurance payments by as much as $536 per year! You could bet the home insurance companies aren't too thrilled about losing all that profit and might secretly hope homeowners don't find out before the rules change.
So while the insurance companies pray that you don't learn about this, we're making a nationwide push and urging homeowners to take advantage of this free online tool. This tool is currently online as of September, but it could be taken down at any time. But the good news is that once you're in, you're in. If lowering your payments and putting cash back in your pocket would help you, it's vital you act now and see if you could qualify for massive savings in today's marketplace.
How Do I Qualify?
Step 1: Click how long you've lived in your home to instantly check your eligibility for free.
Step 2: View your new lower rate and save money! Click here to get your new rate.
Home many years have you lived in your home?
8. Slash Your Cellphone Bill
Did you know that many of the large phone companies offers special discounts to senior citizens? These discounts add up quick!
AT&T: AT&T offers a special Senior Nation Plan for account holders 65 or older for $29.99/mo. It has 200 Anytime Minutes, Mobile to Mobile Minutes, and Nights and Weekends, without roaming and long distance charges.
Verizon Wireless: Verizon Wireless offers a special 55 plus nationwide unlimited talk and text service plan to customers who are 55 or older. Check to see if your location offer this with Verizon.
Consumer Cellular: Consumer Cellular offers AARP members who are 50 or older exclusive savings on monthly service charges in addition to discounts on accessories.
9. Deadline Approaching Soon For Seniors 65+ On Medicare. New Supplement Policy Can Eliminate Co-Pays & Deductibles In 2021
URGENT: Deadline approaching for Open Enrollment period. Act now!
Over 38 million seniors rely on Medicare, but unfortunately many still have to pay over $5,000 every year out of pocket for their healthcare and prescriptions.
But there is good news: There is a new Medicare Supplement Plan that is now available to people over the age of 65 that can eliminate any out of pocket costs. That means NO deductibles, NO co-pays and NO surprise costs at the doctors or pharmacy. Thousands of seniors are reaping the benefits of this new plan every day and saving thousands of dollars every year!
How Do I Qualify?
There was a time when you’d have to spend countless hours calling around to check if they had this special supplement plan available and then compare rates to make sure you were getting the best deal possible. But thankfully, there is now an online service that can do this for you!
MedicareYES can compare plans statewide quickly, and for free. Once you answer a few questions, they will match you with the best Medicare Supplement Plan providers based on your exact needs.
These specialized plans are currently available in 2020, but there's no telling when the current administration might change the rules. If you'd like to view your options and be on your way to saving thousands of dollars every year, it's vital you act now.
It costs nothing to check, and takes maybe 2 minutes, so it’s very much worth your time. Select your age below, and see what’s available to you.
Select Your Age:
10. Travel For Less
Here are some senior discounts you can use when flying:
Southwest Airlines: Offers various discounts for 65 and over
United Airlines: Offers senior fares to selected travel destinations for customers who are 65 and older. Ask for more details on these great fares when you make your reservation or select the seniors (age 65 and older) category when you make your booking on united.com.
American Airlines: Offers special deals for those who select the 65+ passenger option when booking a flight.
11. Health Discounts for Seniors
Health related expenses can add up quick for seniors. Be sure to use these:
RiteAid: Offers a wellness 65+ program for seniors that includes 20% off of purchases on the first Wednesday of each month. The program also includes a free consultation with a pharmacist.
RxFreeCard:: Includes discounts on prescriptions for seniors.
Atera Spas: Includes special prices on products for seniors.
AARP prescription savings: Members save an average of 61% on FDA-approved prescriptions not covered by insurance.
12. Auto Service Discounts
Is your car due for service? Be sure to use these:
Pep Boys: 10% off for 55 and over
Jiffy Lube: 10% off for 55 and over
13. Save On Your Groceries
Did you know that many grocery stores offer senior discounts? Here are the best senior discounts at your local grocery stores!
American Discount Stores: 10% off every Monday (62+)
Fred Meyer: Senior Discount: 10% – 15%, depending on dept., first Tuesday of each month (55+)
New Seasons: 10% off every Wednesday most items (65+), 10% off every Tuesday for military
Publix: Publix grocery stores have discontinued their weekly discount for senior shoppers. "Effective Dec. 27th, Publix will no longer offer the 5 percent senior discounts to customers."
14. Amazon Offers A Discount On Prime Membership
As an Amazon Prime member, you receive a free 30-day trial that includes Free Two-Day Shipping on over 100 million items, exclusive shopping deals, and discounts on diapers and baby food. With Prime, you get access to thousands of movies, TV shows, and music to stream online or download for offline, plus unlimited access to over a thousand top Kindle books, and more! After your trial ends, customers who verify with a valid EBT or Medicaid card receive access to all Prime benefits, discounted to just $5.99 per month. Join now at amazon.com/qualify.
15. Go Shopping... For A Discount!
Don't go shopping without knowing these superb discounts:
Goodwill: 10% off for 60 and over on Tuesdays
Michaels: 10% off for 55 and over
Hy-Vee: 5% off every Wednesday for 55 and over
Jo-Ann: a senior discount day that included 20% off for 55 and over
Kohl's: 15% discount for 60 and over on Wednesdays
Rite Aid: various discounts for 65 and over including 20% on the first Wednesday of each month
Walgreens: discounts for 55 and over or AARP members
Habitat for Humanity Restore: 20% off on Thursday for 55 and over at select locations
16. New Auto Insurance Policy
Here’s what auto insurance companies don’t want you to know...and what thousands of consumers are quickly learning about their current auto insurance plan:
If you're paying more than $63 per month for auto insurance, this auto insurance comparison tool can help you check to see if you're overpaying in a few minutes. This is something every driver should be doing every 6 months or so to ensure that they are getting the best deal.
Insurance companies are always competing to win your business, but if you turn a blind eye and keep the same policy in place for a long period of time, your rates might have increased. By checking rates, drivers saved an average of $531 per year with a new policy.
So do yourself a favor and do a quick comparison by filling out a short form (about 4 minutes). This is a fast way you can start saving on your auto bills.
Compare Auto Insurance Rates >>17. Use This Debt Payoff Plan
Here’s what credit card companies don’t want you to know...and what thousands of consumers are quickly learning about paying off their debt:
If you owe more than $15,000 in credit card debt, this proven debt relief program may reduce the amount you owe. Consumers could resolve their debts with absolutely no loan required and pay it off at a rapid pace. If you’ve struggled to pay your credit card debt, act now before your debt balloons further.
18. Health and Beauty Discounts
Here are some various discounts that could certainly be useful:
Great Clips: Great Clips offers various discounts for seniors
YMCA: YMCA offers discounted membership fees for 65 and over
19. Born Before 1964? Get $3,264/year Off Your Mortgage With The Lucrative Government Sponsored "HiRO" Program
Banks Don't Want Homeowners Knowing This
Still unknown to many is a brilliant Government sponsored program called the High LTV Refinance Option (HiRO) that could benefit millions of Americans and reduce their payments by as much as $3,000 per year! You could bet the banks aren't too thrilled about losing all that profit and might secretly hope homeowners don't find out before the rules change.
So while the banks happily wait for this program to end, experts are making a nationwide push and urging homeowners to take advantage. This program is currently active as of 2020, but the rules could change soon. But the good news is that once you're in, you're in. If lowering your payments, paying off your mortgage faster, and even taking some cash out would help you, it's vital you act now and see if you could qualify for HiRO or a better rate in today's marketplace.
How Do I Qualify?
Step 1: Click your state on the map to instantly check your eligibility for free.
Step 2: View your new lower rate and save money! Click here to see your new low rate.
Select Your State:
And that's a wrap! If you found these savings tips useful, please share our page with friends and family!
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