12 Things 60-Year-Olds Should Be Doing Now To Save And Make Money During (And Before) Retirement

You’re Going To Need This If You Want To Avoid Financial Stress In Retirement

Retirement looks a lot different than it did even 30 years ago. Nowadays, not only are retirees living longer and healthier lives, but the cost of living has also gone way up, making it harder for people to retire comfortably. Whether you’re few years away from retirement or a few year in, if you’re worried about making your savings last in retirement, the service Retirable can help.

With Retirable, you’ll have access to a fiduciary advisor who can help you evaluate your current investments and savings to develop a monthly spending plan that fits your goals and lifestyle. You’ll get guidance across your financial decisions, big and small — from healthcare to social security to vacation getaways — and a personalized investment strategy for your portfolio to sustain you throughout retirement. Best of all, instead of withdrawing your funds from different accounts, you’ll be able to access all of your money through one debit card.

We already know your next question. How much is this going to cost? Yes, financial planning is not free, but with Retirable, it’s extremely affordable. There is a .75% annual fee on the first $500,000 in an account, but for accounts with less than $33,333, the annual fee is only $250. Not, bad, right?

Travel More And Spend Less With This Newsletter — Save Up To 90% On Flights

Retirement is the perfect time to travel the world. With a little planning and a lot more time on your hands, who knows what wonders you’ll see. But as exciting as that prospect may be, globe-trotting is not cheap. Lucky for you, with the newsletter Going, you can see the sights and sounds of the world at a discount rate.  

The newsletter has deals that can save you up to 90% on flights. When you sign up, add the airports you want to see deals for (you’ll even get a few airport suggestions) and then watch the deals roll into your inbox. You can also log in to your account at any time to browse all available deals. If you have a specific destination in mind, do a search for it and you’ll see all current deals for that destination, and you’ll get info on average prices for that route to help you spot a good deal when it comes around. 

Subscribing to this discount newsletter will help you put more money towards getting the most out of your trip rather than spending it all towards airfare. So, take that trip you’ve been dreaming of!  

Subscribe to Going

Shop And Compare Medicare Plans All In One Place

Healthcare is perhaps the most important expense to examine going into retirement. Having coverage is vital in your golden years, but shopping for health care can be a complicated process if you don’t have the right help. That’s where Cover Care comes in.

You can use Cover Care to compare coverage options with a Licensed Insurance Agent and get estimates for Medicare Advantage Plans in your area, giving you a realistic look into what you can expect to pay for your coverage. You’ll also have access to Cover Care Concierge, a dedicated customer service experience to help you through questions you have about your plan.

Adequate healthcare is one of the most important parts of a quality retirement, so this is definitely something to prioritize if you haven’t already.

Get This Company’s Help Paying Off Your High-Interest Credit Card Debt

Credit card debt can quickly spiral out of control, leaving you feeling overwhelmed and stressed. With high-interest rates, it can be difficult to make a dent in your balances and you may find yourself just barely making the minimum payments each month. This can lead to a never-ending cycle of debt and can have a significant impact on your finances and your overall well-being.

But there is a solution: National Debt Relief. This service can help you get out of debt and back on track to financial independence. If you have more than $10,000 in debt, whether it be from credit cards, medical bills, business debt, personal loans, collections, and even some student debt, National Debt Relief can assist you in consolidating that into one low monthly payment.

Their representative offer free consultations and can create a personalized repayment plan that could help you become debt-free in 24 to 48 months. And they won’t charge you any fees until your debt has been resolved.

To get started, just answer a few questions. It only takes 30 seconds to see if you qualify.

Your Bank May Be Costing You $329/Year In Fees — A Simple Switch Can Fix That

Banks make billions of dollars in fees every year — account maintenance fees, overdraft fees, transaction fees, and so on. Basically, whatever service a bank provides, there’s typically a fee associated with it one way or another. So what can you do? Switch to Chime, a bank that will work to protect your money instead of finding sneaky ways to take it from you.

• Get overdraft coverage up to $200
• Access fee-free instant money-sending and receiving — all that’s needed is a valid debit card
• It has no balance requirements, monthly maintenance fees or foreign transaction fees
• Access quick cash withdrawals at more than 60,000 fee-free ATMs at your local pharmacy and convivence stores, like Walgreens, CVS, 7-Eleven and Circle K
• Set up direct deposit and get your paycheck up to two days earlier

And that’s just how it saves you money on fees. Chime also offers a savings account with a competitive 2.00% APY and automated features that help you reach your saving goals faster. Opt into Round Ups and change from every purchase will be deposited in your savings account. Activate its Save When I Get Paid feature and you can set aside a portion of every paycheck for your savings account when your direct deposit hits.

If you want a banking experience that is focused on empowerment, convenience and peace of mind, Chime is it.