8 Best Discounts For Seniors

Discount wallet

 

Getting older does have its perks and luxuries! Many companies and franchises around the country offer some special privileges and discounts to seniors in order to honor and aid them in their golden years. AARP membership or a simple age requirement is normally all that is needed to utilize most of these benefits. 62 seems to be the magic age number for many places, but there are exceptions, with cutoffs at 65 years old. Take a moment to see which of these senior discounts listed below might be available for you or a loved one to take advantage of.

 

  1. Amtrak

A 15% discount is offered to Amtrak travelers age 62 and older on the majority of Amtrak trains. However, this deal excludes first-class and business-class tickets, as well as weekday Acela Express trains. For train rides crossing the Canadian border, this discount becomes 10% for seniors age 60 and older.

 

  1. Greyhound

A 5% discount is available upon request to passengers age 62 and older on bus fares within the United States.

 

  1. Verizon (65 Plus Plan)

Verizon accommodates the basic, simple phone needs for seniors who don’t need all the fancy gadgetry and just want a phone for functional purposes.

Verizon offers customers age 65 and above a cell phone plan with fewer minutes than its regular nationwide plans for a lower price. This 65-plus plan provides 200 anytime minutes for just $29.99 on basic functional cell phones. A comparable data plan for a smartphone is a little extra.

 

  1. A Range of Restaurants

A handful of popular restaurant chains offer excellent discount to dining seniors.

Applebee’s offers a 15% discount for customers age 60 and older.

IHOP has a 55-plus menu offering smaller portions at lower prices.

Denny’s takes 20% off the check for all AARP card carriers.

And Dunkin Donuts offers a free donut with the purchase of a large coffee to AARP members.

 

  1. Rental Cars

AARP members are entitled to discounts for up to 25% on car rentals from Alamo, Hertz, National, and Budget, as well as 30% discounts from Avis, and 5% discounts from Enterprise rental cars.

 

  1. Select Hotels

AARP provides seniors with a choice set of discounts at great hotels, including up to 20% off at Sheraton, Weston, and Ramada hotels, and 10% off lodging at Hyatt, Best Western, and Comfort Inn.

 

  1. Teleflora Flowers

AARP members can get a 20% discount on flowers and bouquets at Teleflora Flowers.

 

  1. Movies

AMC provides senior discount tickets for people 60 and older in addition to its child discount tickets.

Cinemark offers a comparable discount on Mondays for seniors 62 and older.

Regal only charges $5.50 for a popcorn and drink to AARP members.

 

Luxury Assisted Living

If you have found yourself fortunate enough to enter retirement financially sound enough to start weighing your options for high-end senior living, then take a few moments to investigate some of the benefits and details are included in more luxurious senior care with this article.

A senior, or a senior couple, who has made a good living and grown comfortable being accommodated with the finer things in life, may find it important to know that senior/assisted living doesn’t necessarily mean leaving the finer things behind. There are tiers of senior living options for all financial standings, and toward the upper tiers, there is what is called “luxury” assisted living.

The Investment

For initial payments typically ranging from $300,000-$1,500,000, senior care communities bearing a resort feel are available around the country. These facilities are especially hospitality-oriented, forgoing all semblances of the old stereotypes of senior living as boring and restrictive. Luxury assisted living strives to provide a living experience closer to that of staying at a four-star hotel or a cruise ship by being accommodating and conducive to the wants, needs, comforts, and preferences of its esteemed residents.

The difference adds up as luxury assisted living is comparatively bigger and better, with more offerings and attentive service than more basic, functional offerings. Residents soak in beautiful ambiance as they go about their day among the grounds, utilizing a large variety of provided activities and conveniences. Below we will outline what to expect from a higher-end senior living community, outlining the housing, cuisine, and activity accommodations common to luxury assisted living.

The Difference

Rooms and lodging are characterized by spacious apartments with high ceilings, typically furnished with a full kitchen equipped with marble or granite countertops. This is an upscale contrast to the majority of conventional assisted living facilities, which often offer a quaint kitchenette with little more than a mini-fridge and microwave.
• Many luxury assisted living facilities provide the convenience of concierge services like those of a hotel, available to help senior residents plan flights, hotels, concerts, and other aspects of travel.
• The dining experience at a luxury assisted living facility is a gourmet delight, offering a variety of high quality food options prepared by experienced certified chefs. To further diversify their cuisine offering, some facilities have two or more restaurants additionally available in the senior care community for residents to frequent.
• There is little excuse for boredom at luxury assisted living facilities, where there are numerous programs catering to the wants and needs residents have for activity, entertainment, and education in the community. Atria Kew Gardens in New York schedules over 200 events every month. The Belmont Village facility in Westwood, CA hosts an annual fashion show for residents. Activities and specialties will vary by facility, be sure to investigate what is fun or unique about the facilities in your area or your desired retirement destination. But apart from activities, luxury assisted living offers a variety of classes on a number of subjects as well as training on how to use current technologies to keep residents in touch with the modern outlets for communication and socialization with their friends and families.
• Additionally, luxury facilities often provide more personalized care and assistance in the form of therapy services. Personal therapy, pet therapy, counseling, and other offerings are available for residents to get any personal help that they desire.

Luxury facilities also offer money return and redistribution policies to residents who choose to leave or pass on while under the facility’s care to assure an asset base for the resident’s children or inheritance. After gaining admittance, it may relieve many seniors to know that many such luxury senior living facilities have policies that assure anywhere from 70-90 percent of the initial payment may be returned if the resident chooses to leave, or will be returned to the inheritance upon death, to ensure that the financial wishes of the resident are ensured and satisfied.

Retirement: Best Years of Your Life

RetirementAt last, you’ve reached the golden years, and it’s time to make them great! Many seniors from all parts of the world have stated that retirement is an amazing time in their lives because of the vast array of benefits it offers. You’ve put in years of labor and have learned several life lessons during your journey. Many of lives worries change once you reach retirement, and it’s a time when many can breathe and reflect on your life. If you’re wondering how you can make your retirement great, keep on reading and learn about 5 of the best ways to make retirement the best years of your life.

Create a vision

One things for sure, your retirement isn’t going to be the best without a clear-cut plan. You want to have an idea of where you’d like to start with your retirement, and where you want to end up. Moving forward without a solid plan will make your goals much harder to complete. There’s a two main questions you need to ask.

1. What would you like to do with your time

2. What kind of goals do you have for retirement?

By answering these questions alone, you’ll be able to create a foul-proof plan for your retirement that will make it the best years of your life.

Plan for finances

Good financial stability is essential for a great retirement. When you have enough money for your retirement, you can follow through on your plan, meet all of the goals you set in place, and spend your time efficiently during your retirement. In order to plan financially for your retirement, you need to first determine how much money you think you’ll need to get through it comfortably. When you determine this number, you’ll want to add a few extra thousand dollars in case of emergencies or if you want to take extra trips or attend extra events.

5 Tips for Building Your Retirement Fund  Click Here 

Create an activity list

One of the main reasons why good financial planning is essential is because it allows you to complete all of the activities on your ‘to do’ list. While having enough money is crucial, planning for activities is just as important. The activities you plan will consume most of your time during retirement, and when you don’t plan enough, you can easily become bored and not have the best retirement experience. Many people focus on the financial aspect of retirement, yet they don’t plan for enough activities and end up having nothing to do with all of that money. In all reality, you don’t need money to have a good retirement, but you do need a good plan full of activities. There’s several activities for seniors right in your local area free of cost. By learning more about the activities available within your local area, you can plan accordingly, and have a retirement filled with fun events to take up your time.

Have the right attitude

Attitude is everything, both before retirement and during. Without the right attitude, you’ll find that all the money and activities in the world are not enough to offer you with happiness. Many seniors have planned accordingly, yet their attitude has taken away from their ability to completely enjoy their retirement. You should look at your retirement with an open mind, don’t get caught up in your setbacks, and enjoy this change in life as a positive experience.

Conclusion

The steps listed in the ladder are three essential steps towards creating the best retirement you can have. By following these tips and enjoying this time to the fullest, you’ll have peace of mind in knowing you lived your life to the fullest both before, during, and after retirement. You have the best years of your life waiting for you, so plan ahead and don’t worry about the small things. With the right plan and attitude, you’ll find all of the little things fall into place one by one.

Are you ready for retirement? Read more here, http://www.carecompare.com/blog/are-you-ready-for-retirement/

Are You Ready for Retirement?

Are you ready for retirementWith all the concern surrounding our nation’s economy and talk about vanishing retirement funds, many soon-to-be retired Baby Boomers are questioning the financial aspects of their retirement planning.  A less common question is: what about retirement living?  Have you really given serious consideration to what you will do with your time once you retire?

A person can stand almost anything except a succession of ordinary days,” said Johan Wolfgang Von Goethe.  In other words, people quickly become bored without adequate activities and mental stimulation.  So how do you prepare yourself for a successful retirement?

“A Failure to Plan is a Plan for Failure”

No doubt you’ve heard this familiar expression, but few have actually realized its value with regard to retirement.  If you’re one of many who simply cannot wait to be done with the whole nine-to-five scene, likely you’ve given quite a bit of thought to what you’ll do with your newfound freedom.  For others, the thought of what they’ll do during their golden years fills them with apprehension – even fear.

Retirement is different for everyone.  Some will want to find some sort of work, while others will revel in remaining work-free.  Regardless of your circumstances, finances and goals, the time to start planning for retirement is before you draw your last paycheck.   Don’t assume you will automatically find enough hobbies and activities to fill your days; after all, you can only play so much golf.

Leaving everything up to chance and a vague “I’ll do whatever I please” attitude will only lead to disappointment.  If you want your retirement to be everything you dreamed it would be, you need a plan.

What Will You Do with Your Life?

Joan Carter, co-founder of Life Options Institute recommends everyone contemplating retirement to do the following:

  • Make life plans.  This is just as important as financial planning.  Knowing what you want to do with your time – and making realistic goals – will help you navigate the new world of retirement.
  • Find a purpose.  It’s unrealistic to believe you’ll simply know what you want to do with your spare time.  A surprising number of retirees end up fighting off feelings of depression once they no longer work for a living because they have stopped feeling useful.  Finding a purpose means involving yourself in ongoing activities that will make your life meaningful and add structure to your life.
  • Develop new friendships.  Resist the urge to withdraw socially as you “figure out” what you want to do with yourself.  Check out volunteer organizations or community centers that include people who share your interests.  This is especially important if many of your regular friends are still working.

Experts agree that a successful retirement depends upon the individual pre-determining the specific factors that will make their personal retirement satisfying.  They also recommend developing an alternative plan in case you experience a temporary setback in your finances that make your original plan unfeasible.  The better you plan ahead, the more you’ll enjoy your retirement.

Financial Abuse of Elderly on the Rise

financial abuseSince 2008, financial abuse of the elderly has risen 12 percent, according to a recent study from MetLife.  It’s hard to get our hands on real numbers,” says Sharon Merriman-Nai, co-manager of the National Center on Elder Abuse at the University of Delaware, but she estimates between 750,000 and 3.5 million Americans have been victimized by financial exploitation.

In 2008, seniors had lost a collective $2.6 billion, but this figure rose to $2.9 billion in 2010.  Why is financial abuse of the elderly so prevalent?

Merriman-Nai attributes the exploitation to the senior’s hard-earned savings.  “The elderly have assets,” she explains, adding, “They’ve had their lifetime to acquire savings and property.”  In today’s tough economy, those savings are mighty tempting to individuals who are financially strapped.  Notice we didn’t say “criminals” or “strangers.”  According to the MetLife report “Broken Trust: Elders, Family, and Finances,” approximately 34 percent of such crimes are committed by family, friends, neighbors, and caregivers.

Fred Joseph, Colorado securities commissioner and president of the North American Securities Administrators Association says that “elder financial abuse is becoming the crime of the 21st century.”  Joseph adds, “There is definitely more fraud than there has been…as the senior population is increasingly targeted.”

Who is more at risk?  Reports show that seniors with health problems – especially dementia – are more likely to be victimized.  You’re also more at risk if:

You are a woman between the ages of 80 and 89
• You live alone and require assistance from a caregiver
• You have a visible disability (use a cane, have a handicap tag in your car, etc.)

Some cases of elder abuse can be quite extreme.  In California, an 85-year old woman was found in Maine – undernourished, disoriented, and robbed of her life savings by a trio of “friends.”  The woman told the police that she had sold her home and moved into an apartment building where she met three friends – who gained her confidence as well as her bank account information, then dragged her from state-to-state without a single care for her well-being.

Steps are being taken to eradicate elder abuse, but it’s really up to each and every senior to protect themselves.  Use common sense and caution – especially with regard to new acquaintances.  Always ask a trusted family member for advice before giving out any sensitive information, and remember to think twice before making any transactions online.