Simple Hacks For Retirees. Financial Or Otherwise. "On Topic"

Discussion in 'UPS Retirement Topics' started by olroadbeech, Nov 10, 2015.

  1. olroadbeech

    olroadbeech Happy Verified UPSer

    credit to Soberups for giving me this idea.

    after retiring and seeing our income reduced by quite a bit , i thought this may be a good thread to help us retirees and seniors get by on less money.

    the hacks can be financial in nature or anything that can make life easier or fun for us retirees.

    We recently found out that we can order our prescriptions in 90 day increments rather than 30 days. this will save us $360 a year in co-pays.

    also. we called our auto insurance carrier and reduced our annual mileage from 25,000 miles down to 5000 miles, thus saving about $350 a year in premiums thru Ameriprise.

    that is for starters.
     
  2. cheryl

    cheryl I started this. Staff Member

    Switched my mobile phone carrier from tmobile to google's project fi. There's a lot of wifi around here so I don't use much of their data. Cut my bill by about 40%.
     
  3. oldngray

    oldngray nowhere special

    Google sounds good if you have a lot of wifi nearby. It still sounds OK if it defaults back to cell as long as the reliability is there. I wonder how well their business model will work if they get forced to build their own towers though.
     
  4. cheryl

    cheryl I started this. Staff Member

    Good question. Fi doesn't work everywhere either. My sister lives in Idaho and she was thinking about signing up but there isn't good tmobile or sprint coverage near her and not much public wifi. She decided the coverage there wasn't going to be good enough.
     
  5. olroadbeech

    olroadbeech Happy Verified UPSer

    seniors can get free help filling out their tax returns. mostly from retired tax people. they may find hidden deductions or give you advice on saving on your taxes.
     
  6. brownmonster

    brownmonster Man of Great Wisdom

    My Dad chases around town trying to find paper tax forms. Next year he is coming by me and we can file his return inside of 2 beers. Probably for free.
     
  7. Dusty Buckets

    Dusty Buckets New Member

    Bike instead of drive. Your wallet and your heart will thank you.
     
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  8. olroadbeech

    olroadbeech Happy Verified UPSer

    good tip. my commute was over 40 miles each way but i did do it when my car was broke down just once and stayed at motel all week.

    is that dedication ?
     
  9. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    How did that save you any money?
     
  10. silenze

    silenze Lunch is the best part of the day

    It saved her job
     
  11. Jackburton

    Jackburton Gone Fish'n

    Speaking of switching cell phone carriers, if you like ATT, give Cricket wireless non contract service a shot. It rides on the Att network, you get 5 lines for 100.00 (that's it, tax and fees all included) 2.5 gigs of LTE data per line, throttled after that, unlimited talk and text. You can go to their website and check out how adding lines works but it's super simple and great if you have a large family or want to supply a couple lines to your extended family.

    We switched a couple months ago and I'd never go back to the big carriers again. You do have to bring your own device, we buy unlocked used iPhones off eBay from resellers who get them from the carriers when people upgrade to the newest latest and greatest for half the price of new.
     
  12. olroadbeech

    olroadbeech Happy Verified UPSer

    we use a trac fone. $8 a month. ( $100 for year service ) 800 minutes for the year. we are dinosaurs when it comes to this cell phone business.
     
  13. brownmonster

    brownmonster Man of Great Wisdom

    Work more hours.
     
  14. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I met a couple of times with my financial adviser during my time off after surgery. He told me something that those of you who are also divorced may benefit from. I'll have to admit that I was pretty skeptical when he first told me but I went home and did some research and it turns out that he was 100% correct.

    If you were married for 10 years or more and your ex worked for at least 10 years (40 quarters), you may be eligible to claim up to 1/2 of his/her Social Security benefit without reducing the amount of that benefit.

    You can read more about it here:

    https://www.ssa.gov/planners/retire/divspouse.html
     
  15. Only if she doesn't get remarried.
     
  16. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Not true.
     
  17. Yes true.
    TTKU
     
  18. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Note: The amount of benefits you get has no effect on the amount of benefits your ex-spouse or their current spouse may receive.
     
  19. I know it doesn't effect what you get.but if she gets remarried ,she can't collect off of your S.S.
     
  20. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

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