Running out of Retirement
By nature, if you are frugal then hunting for great deals will be a fun thing during retirement. We always spot seniors hunting for discounts and comparing prices as well as researching money saving options.
Given the technology we have today, you are able to buy more stuff with your free time. One particular trend is the ability of online shopping especially if you grew accustomed to e-commerce.
Oddly enough for some, they're newfound idleness breeds rampant consumerism.
Read more: 70% too poor to retire
Found of mindoutelders.com Carol Bradley has been quoted saying, “Some seniors watch shopping channels on TV and get all pumped up and buy,” “And Amazon and other internet shopping is a big risk because they don’t go out as much. That can be a problem.”
Furthermore, Bursack suggests that retirees maintain active lives and a busy social calendar. By participating in volunteerism, exercise classes and community events prevents you from aimlessly acquiring things. “If you get out and about, you’re less apt to shop,” said Bursack, who lives in Fargo, N.D. “Plus, it’s better socialization to use that time” to connect with others who share your hobbies and interests.
Just because your retired and old doesn't automatically mean discounts are applied upon check out, sometimes you just have to request for it. The founder of StuffSeniorsNeed.com Mr Tony Rovere, recalls that when taking his father to the movies, he noticed that the older man in front of them in line became annoyed when buying his ticket.
“He got upset that he wasn’t offered a senior discount,” Rovere said. “But he was told employees aren’t allowed to just give the discount because it can offend people to assume they’re over 65. You have to open your mouth and ask for it.”
Creative retirees not only uncover bargains but also consider purchasing used items or even a passive income plan. Hence if you are looking to retire or already retired and looking to have a steady flow of income while enjoying your free then check out how our Investor Program can help enhance your lifestyle.
