When we talk about retirement planning, we often discuss how you should save enough money to retire comfortably. After all, many of us can expect to live off our retirement savings (and Social Security) for twenty years or more! That can seem like a hefty financial burden. But there is also some good news in store for retirees: You can access many great perks and resources at around age 65. Some of the following retiree benefits might reassure you that the retirement years aren’t always about scrimping and saving.
Museums, symphonies, and more. Almost every museum around the US offers a senior discount, and even free days for those over 65. If you want to take in an opera, ballet, or symphony orchestra, you can probably get discounted tickets in any city.
National Park Service. Once you reach age 62, you can purchase a lifetime pass to all National Parks for only 10 dollars.
Airline tickets. Many airlines offer discounted tickets for seniors. However, they might be subject to certain travel dates and times – often not a problem for retirees who aren’t fitting a vacation into their work schedule.
Utilities. Some cable and phone companies offer a discount to seniors, especially to AARP members. But you have to call and ask about them; they aren’t widely advertised.
Public transit. In many cities, seniors can access discounts on public transit passes for the bus or subway system. Sometimes these discounts amount to as much s 50 percent, and in smaller communities, transit might be free!
Education. If you want to keep your mind sharp, learning something new is the way to go! Every state has waivers that provide reduced or even free college tuition to seniors.
Retail discounts. Many retail stores, even grocery stores, offer discounts of 5 to 10 percent for shoppers, once they reach a particular age. It ranged from 55 to 65, depending on the store, and the discounts are usually offered on certain weekdays.
AARP member discounts. If you join the AARP, you might be eligible for discounts on everything from auto insurance to car rentals to hotel stays. Remember to ask about this discount everywhere you go. You will be surprised!
Of course, the best pathway to a stable retirement still includes early planning and regular reviews of that plan. Make an appointment with us to review your plan, and we can help you devise a retirement strategy that works for your lifestyle and budget.