With more than 4.1 million people reaching retirement age this year, what can this generation expect as they begin the transition into their Golden Years? A whole new world of retirement discounts, money-saving benefits and opportunities are available. From life and health insurance, finances, travel and transportation to entertainment and leisure activities, senior citizens and soon-to-be retirees are eligible for perks that affect almost every area of their lives.
Five Retirement Discounts to Start Taking Advantage of:
Auto-insurance:
Many companies provide discounts for seniors based on a clean driving record, low driving mileage or completing defensive driving classes. AARP’s Driver Safety Program qualifies seniors for insurance discounts in participating states after completing an accident prevention course.
Health Care:
Helping elderly with medication costs is hugely beneficial. Check out RxAssist to find information about saving on prescription drugs, dental and vision care and health insurance. Remember there are other sources of reduced cost/ or free health care available other than Medicare. The key is to research your options!
Travel:
Airlines, hotels and rental car agencies are all catering to the ever-expanding senior demographic. Besides honoring AARP cards, many companies give discounts based on age qualifications alone. Amtrak and Greyhound offer discounts ranging from 5-15%, while rental car company Dollar’s Silver Dollar Club gives people aged 50 and older up to 10% off. Many airlines offer special senior fare rates that are only available by calling the airline directly.
Elderly people also benefit from having a travel companion. What is a travel companion? A travel companion is a caregiver who accompanies an elderly person to help them in during travels. The companion might also help with medication management, personal care and navigating transportation.
Fun and Games:
Finding activities to do with elderly parents is a great way to have fun and spend time with your loved ones. Restaurants, movie theaters, museums, theme parks and sports activities offer many senior discounts. The local senior center or Chamber of Commerce should be able to help you locate special deals in an area. Wherever you go, make sure to inquire about the senior discount.
Empowering Older Adults:
With more time on their hands after retirement, elderly people should consider signing up for free or low-cost classes in their community. Learning new skills and meeting new people are some of the best activities for seniors.
Local community colleges or senior centers often offer classes in the arts, wellness, technology and volunteer services for older adults. For example, OASIS is a national nonprofit organization focused on creating opportunities for adults to continue personal growth and a chance to give back to their community. See if there is an OASIS city near you.
Celebrate the Golden Years With Retirement Discounts and Perks
There are substantial retirement savings available that are specifically tailored to seniors’ and retirees’ interests and hobbies. Home care industry trends indicate that the demand for senior care is rising.
With most seniors being on a fixed income, finding retirement discounts can make a big difference in quality of life. If you’re interested in learning more about FirsLight Home Care’s in-home caregiving services, including how to pay for in home care, contact us to see services in your area.