Posts Tagged ‘finance’

4 Smart Financial Moves Seniors Can Make During Retirement

Retirement is supposed to be the golden years of your life and seniors are increasingly worried whether their savings can last. If you’re looking for ways to increase your retirement funds and decrease your expenses, these are the smart financial moves you can make now. 1. Incredibly Cheap Cell Phone Plans Having a cell phone…

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8 Simple Ways to Save Money This Summer

Summer has a sneaky way of making us slow down and savor a more relaxed pace. For a lot of people, autumn can roll around before they realize that they’ve majorly overspent, leading to many anxious nights refreshing your online banking homepage until your account fills up again. Instead of living large on upscale cocktails…

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The Best Savings Accounts to Help You Save for Retirement

If you want to have a prosperous retirement, you will need to start saving money while there is still time to earn compound interest. With adequate savings, you will be able to enjoy a healthy retirement that will enable you to maintain your independence while potentially leaving money behind for your heirs. By taking the…

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Tired of Payday Loans? Check Out These Alternatives

Payday loans seem like a great idea if you’re short on funds. But payday loans are incredibly predatory and expensive. According to the Consumer Federation of America¹, the average payday loan costs 400 percent in interest for a two-week loan. You could rack up charges ranging anywhere from 390 to 780 percent APR. And that’s…

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Term Life Insurance Could Be Getting Cheaper for Many Americans

Have you looked into life insurance? It’s likely you haven’t. Most Americans know they should get life insurance, yet do nothing about it. According to a study by LIMRA, only 44 percent of American households had life insurance in 2010. That’s more than 50 percent of people who are leaving their loved ones unprotected and…

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Why Medicare is Important for Seniors with Diabetes

If you’re diagnosed with diabetes, you may need to regularly test your blood sugar and inject yourself with insulin if your body is unable to produce this critical hormone.1 For some seniors who are on a fixed income, the additional costs that stem from a diabetes diagnosis may be too much for their budget to bear. That’s where Medicare comes in. If you have diabetes, it pays to be aware of all the different ways that Medicare can help you. Here are some of the reasons why Medicare is so critical to seniors with diabetes.

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Top Checking Accounts for Senior Needs

As more and more people retire, it seems like many banks are still treating seniors and retirees as a niche market, even though they represent 70 percent of bank balance holders in the United States. If you’re 55 years of age or older, it definitely pays to explore your options for checking accounts targeted towards seniors and compare them with any existing bank accounts you own. Some of the best options are listed below.

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