Call (916) 704-1174 to speak with a licensed insurance agent.

Call (916) 704-1174 to speak with a licensed insurance agent.

8 Ways Retirees Can Save Money

Posted by David Ghiorso, CPA, February 1, 2017

For years, retirement planning revolved around saving a specific amount of money before you stopped working. Once you you’ve retired, however, your focus will shift to making that money last as long as possible. Smart budgeting will go a long way toward that goal, but did you also know that retirees can access many special savings opportunities? The following opportunities can help you enjoy your retirement without over-shooting your budget.

Culture. Most of the time, retirees can access discounts on tickets to operas, symphonies, ballets and more. Plus, almost every museum in the country offers free or discounted admission to people age 65 or older (sometimes the age threshold is lower than that).

National Parks. Those aged 62 and over can purchase a lifetime pass to all National Parks, for only 10 dollars. No matter where you travel, there will be a fun recreational opportunity nearby.

Plane tickets. You will be able to access discounted plane tickets, but often these deals will be subject to certain travel dates or flight times. Still, that’s often not a problem for retirees who don’t have to worry about work and school schedules. Just remember to stay flexible with your travel plans, and you can get a great deal.

Utilities. Your phone or cable company might offer a discount for AARP members, but often these discounts aren’t advertised. Call your utility companies and ask if they have a special deal for retirees.

Public transportation. If you live in an areas with a mass transit system, such as a bus, train, or subway, you might be able to purchase a discount pass for retirees. The discount is worth as much as 50 percent in larger cities, and you might even get free transit in some locations. Remember this tip when you travel, too.

College classes. A college class can be a great way to get out, socialize, and learn something new. With many states offering reduced or free classes to retirees, it’s worth the time it takes to investigate!

Shopping. Many stores offer discounts for people of a certain age. Your grocery store might even offer a 5 to 10 percent discount, so be sure to ask if your favorite one has a “senior day”.

AARP memberships. If the above categories didn’t cover everything you need, look into an AARP membership. Your member card could unlock discounts on everything from hotel stays to car rental fees to auto insurance premiums.

When in doubt, ask! You never know if a particular store or service offers a discount for retirees, unless you shop around. Spend a bit of time investigating your options, and you might spend a bit less money.

Need more information?

Contact us online to learn more

Contact Us

Close Accessibility Tools
Accessibility Controls Reset
Content Adjustments
Font Size

Default

Line Height

Default

Content Scaling

Default

Highlight Titles
Highlight Links
Highlight Forms
Align Left
Align Center
Align Right
Focus Mode
Color Adjustments
Desaturate
Monochrome
Contrast

Default

Saturation

Default

Accessibility Statement

Despite our attempts to make this website accessible for everyone, there may still be some pages or sections that are not completely accessible, are in the process of becoming accessible, or do not have a suitable technological solution to make them accessible. Nevertheless, we are always striving to enhance our accessibility by adding, updating, improving its options and features, and incorporating new technologies.

We want to provide our users with the best experience possible, so we strive to support as many browsers and assistive technologies as possible.

If you wish to contact this website's owner, please use the contact form on the website.

Our User Interface Adjustment Options

Font adjustments - With this tool, users can modify font size, style, letter spacing, and line height for improved alignment and readability.

Color adjustments - Users can customize their color contrast profiles to light, dark, desaturated, and monochrome.

Content highlighting - Users can prioritize key elements such as links, forms, and titles.

Content focus - Users can enable focus mode to highlight the current page information based on their mouse movement.

Close