While aging is often characterized by retirement, declining health, limited mobility, limited social life, and everything sad and gloomy, no one actually talks about the benefits you get as you age. And if you are one of those seniors, this post is for you! Here you will find out the real benefits of aging that you have never realized. By knowing about these cost-saving options, you can notice a significant decrease in your spending and a drastic increase in your savings.
Discounts on Groceries
With inflation being the biggest concern for people of all age, who does not like a discount on groceries. But not everyone is lucky enough to get discounted groceries. This special discount is only for seniors. Depending upon where you live, you can get a special senior discount on your favorite grocery store. All you need is proof of your age. Some of the stores that offer discounts to people over the age of 55 and 65 include
- American Discount Stores – 10% discount for people of age 55 and older exclusively on Mondays
- Publicx – 5% off every Wednesday for people of age 55 and older
- Hy-Vee – 5% off once a week (day varies with location)
- And many more
Savings on Car Insurance
Are you a retired couple who used to enjoy long drives when you were young? You can still do so by getting some real discounts on car insurance. Many insurance companies offer rewards for your clean driving record as you age over 55. Make sure you go do enough market research and get the best deal in town.
Affordable Health Insurance
One of the biggest concerns for retired individuals is that they don’t have a job that provides health coverage. With declining health and more dependence on medications, health can be a major expense for the seniors. But you don’t have to pay this out of your pocket. As you turn 65, you can sign up for Medicare, a state health insurance program for older adults. While the insurance requires you to pay a premium, it is far less compared to what you would have to spend on your hospital visit without insurance.
Always wanted to attend college but were too busy with job and other responsibilities? Then post-retirement is the time to enroll in college. And the best part is you don’t have to worry about your tuition! While tuition is a major concern for most young people, retired individuals can attend college for free (or very low fees). Many states and some private colleges offer free classes and tuition waivers to senior citizens. You can find over 100 Osher Lifelong Learning Institutes that offer affordable classes specifically for senior citizens.
American Association of Retired Persons (AARP) is a non-profit organization that intends to empower retired individuals. Only by paying $16 a year, you get the membership and with this membership comes numerous discounts and bundle offers. AARP is working actively for bringing more for-profit organizations on board so the seniors can get the best of deals and discounts.
Are you a passionate traveler? But since you are retired, you don’t want to spend all your savings on the cruise and other traveling plans? Don’t worry! You don’t have to. There are many hotels and rental car companies that provide special discounts to senior citizens over the age of 65. Want to know about the best recreation deal for seniors? It’s the National Park Service lifetime senior pass. If you are over 62, you can get this pass for $80 ($90 if you order it online) and with this, you get access to over 2,000 federal recreation sites.
So while everyone is always talking about the most difficult aspects of aging, it is only fair to know some of the benefits that only the elderly can enjoy. Yes, declining health conditions, loss of social life, and limited mobility are a part of aging but so are special discounts on groceries, car and health insurance, and travel deals. And these are the reasons why the post-retirement life is called the golden years!