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Making the Most Out of Senior Discounts

March 1 2019

Making the Most Out of Senior DiscountsSo, you are a senior citizen, and you are trying to make the most out of your retirement years. Perhaps you have already downsized and transitioned into retirement or active adult community, or you are planning for your retirement and are trying to find ways to save more money so that you can move in the near future. Are you aware of all the discounts that are currently available for senior citizens?
 

Start Saving on Groceries

 
One of the most advantageous discounts you may qualify for as a senior citizen is at grocery stores. Often, grocery stores offer a 5 percent or 10 percent discount to those who are either 55 and older or 65 and older. Depending on the establishment and the day you choose to shop, these discounts may also vary.
 
Make sure to check with the grocery store in your area to see if they offer any senior discounts and if they do, make sure to take note of the days they are offered so you can save money on groceries.
 

Restaurant Discounts

 
As with grocery stores, there are also many restaurants that offer discounts for seniors. Among these restaurants, you may find McDonald's, Wendy's, IHOP, Perkins, Subway, and Papa John's just to name a few. Again, any offered deals and promotions for seniors may vary depending on the location, but it never hurts to ask the restaurants in your area if they offer any discounts.
 

Car Insurance Discounts

 
Also, depending on your driving age and your driving record, you may even be eligible for car insurance discounts. Many people are unaware of the discounts available for drivers ages 55 and older. For this reason, only around 5% of Americans are paying less than $50 per month for their car insurance.
 
Before overspending on your insurance premiums, make sure to ask the insurance company what discounts are available and if you can qualify to save a little extra money every month.
 

Medical Bill Discounts

 
As we grow older, we sometimes find that our medical debt grows larger. The cost of our prescriptions and healthcare may be rising, so why not try to take advantage of discounts that may be offered?
 
If you have Medicare, for example, you may be eligible to receive extra benefits and discounts under your plan. You can also ask about any discounts they may offer for your vision and dental coverage.
 
So, before you continue to pay full price, why not check with your local establishments to see if there is a way you can save some extra money to pad your retirement accounts for a more comfortable future.