Smart Moves for Seniors

by Dick Stoner 08/11/2019

Downsizing to a new home that requires lower upkeep ushers in the start of a new life of less responsibility, no job to report to, new friends to make, and working your way through that bucket list. But one thing holds true, if there are discounts to enjoy, a wise retiree on a fixed income should take advantage.

Many newly retired folks move to a new city and don't necessarily know where to find specials and discounts meant just for them. Listed here are only a few to check out in your new community.

Where to go, what to ask

Big ticket items seem like they wouldn’t come with deals for seniors, but you only need ask, “Do you offer a senior discount?” to find out. Thinking of taking a cruise? Many well-known cruise lines offer special deals for seniors include Royal Caribbean that offers “reduced senior prices only on selected sailings exclusively for guests who are 55 years of age and older” and Carnival Cruise Line’s “exclusive savings for Seniors, age 55 and older." So, don't just book your trip, check to see if specific ships or dates have a better discount. Other travel deals include RV rentals, bus excursions, flights, Amtrak, National Parks, and hotels. Try this site for more information.

Another big-ticket item is car insurance discounts. Check with your current provider. If they don't offer a discount, you can find one online. Just search for "senior discount car insurance." Then, see if you might get a discount on a mortgage refinance by talking to your bank or mortgage lender.

Groceries are another area to pop the question. Several market chains offer discounts of specific days to patrons. Check out this link for the best, most up-to-date listing of grocery stores with discounts. And along with groceries, check out this list of restaurants offering special deals for the mature crowd. If you’ve moved to a new city, utilize your restaurant discounts to meet new friends and explore different foods.

Not to be left out, the fast food and casual-fast industries offer special deals, up to ten percent off your meal, early bird specials, senior menus, free coffee, and more. Don’t be timid about it. Ask at the register and keep a list of your favorites.

Dress in style with retail discounts at popular stores. Some require specific days while others have particular age limitations, but with some deals up to 20 percent off, and even more at well-known thrift stores, you can shop til you drop.

Finally, save on prescriptions at all the national chain pharmacies, so be sure to ask about what's available for you.

If you’re wondering what special deals might be available to you, talk to your senior living real estate specialist for recommendations.

About the Author
Author

Dick Stoner

Reist Corporation was incorporated in 1994 to renovate and restore commercial, industrial and residential buildings. Working from a 200+ year old farm in Washington County, MD , we have restored barns, warehouses, and even WWII Army buildings in Central MD. We maintain expertise in zoning and land use issues, and we stay abreast of market conditions and changing market statistics. We welcome the opportunity to work with buyers and tenants who wish to take advantage of current market conditions to lock in long term deals at favorable rates. Those able to sign 5 - 10 year leases in commercial transactions right now, are able to obtain the best rates in over 10 years, and those able to purchase are able to get pre-2005 prices on many types of buildings and land. On residential transactions, we continue to help buyers of bank-owned and short sale properties. We welcome the opportunity to work with you on your challenges, and we pay generous referral fees to agents from other areas who wish to utilize our services on Maryland property transactions

Certifications

Since 2002, I have worked on some of the largest real estate database systems in America. I have introduced online marketplace products to areas that were using residential MLS products for commercial real estate information, and I have worked on the expansion of some of America's largest real estate data systems in some of the largest MSA's in the country. Research is key to many commercial real estate valuation projects, and our firms' knowledge about how these systems work can help you reach the best information about other transactions in your area. We are active in Land Preservation programs and environmental offsets which can sometimes bring additional revenue that is crucial to making a transaction work. Nutrient offset credits in the Chesapeake Bay Watershed have become a new component in the valuation of active farmland and for many rural properties which involve environmental features like streams, woodlands, pastureland, etc. We've partnered with the experts at Blueline Conservation Incentives, LLC in Northern Virginia on nutrient offset and land preservation programs and together we are part of a team with expertise in all of the Middle Atlantic States as they strive to meet WIP - Watershed Improvement Plans in order to meet the 2017 and 2025 water quality goals that were set by the 2010 Chesapeake Bay Plan. 

Awards

2009 -MD Historical Trust -Award for Project Excellence in the Restoration of Frieda's Cottage at Chestnut Lodge in Rockville, MD