Tags: Retirement | senior citizen | discounts | retirement

Senior Citizen Discounts in Retirement

By    |   Tuesday, 25 August 2015 07:20 PM

Retirement savings for senior citizens don't have to only refer to Roth IRAs; discounts abound for senior citizens looking to stretch their retirement funds.

CNBC compiled a list of senior citizen discounts it calls "wonderful" that covers several categories where seniors can come out ahead, among them travel, retail, groceries and drug stores — even ice cream.

Chains like Publix in Florida and Waldbaums in the Northeast have specific days when senior discounts are in place for groceries, according to CNBC.

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Drug retailers like Walgreens, CVC, and Rite-Aid also make discounts available for those who are 55 and older.  "For prescriptions, AARP discounts of up to 38 percent are recognized at 64,000 participating pharmacies, so ask," Jane Wells, for CNBC, reported.

For those who want to see America in retirement, a lifetime pass for free admission to the nation's national parks is available for those 62 and older, Emily Brandon reported for
U.S. News
and World Report
.

Fans of the railways who are also over 62 can enjoy an Amtrak discounts of 15 percent, writes Brandon, noting that some cell phone plans like Verizon also offer senior discounts.

Many major chain restaurants also make senior discounts available, the magazine noted. Among them were Denny's, IHOP, Dunkin' Donuts, and Applebees, according to U.S. News.

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Rental car companies, cruise lines and hotel chains offer perks to those in retirement as do fashion retailers, including Banana Republic, Bealls, Belk's, Dress Barn, Ross, C.J. Banks and Kohl's, according to MarketWatch.

AARP keeps a list of available discounts for its members
. Some of them are Amazon.com, which discounts its e-books, Regal Cinemas, which offers savings on popcorn and soft drinks for seniors, Bonefish Grill and AT&T, among others.

Julie Gold at Retirement and Good Living also compiled a comprehensive list of discounts for travel, recreation, and dining.

U.S. News offers strategies for those seeking a deal. It encourages them to know that senior discounts aren't always the best offer; that consumers should look at the fine print on deals; that seniors should ask businesses what they offer — they might just get a discount that wasn't advertised; to do research in advance to find the top offers.

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Retirement savings for senior citizens don't have to only refer to Roth IRAs; discounts abound for senior citizens looking to stretch their retirement funds.
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2015-20-25
Tuesday, 25 August 2015 07:20 PM
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