aarp

Free "Digital Retirement Coach" Aims to Take Angst Out of Retirement Planning

Lars Peterson — Wed, 21 Mar 2018 14:01:05 +0000

If you're like me, you dread thinking about retirement planning. But a new website from two nonprofit organizations, AARP and the Ad Council, incorporates a "digital retirement coach" that helps you get started with minimal pain.

That's saying a lot. According to a survey commissioned by AARP and Ad Council, 45 percent of moderate-income Americans between 40 and 59 years old said they would prefer a visit to the dentist to a meeting with a financial adviser. The same survey found that 49 percent of people in that age group were not confident about retirement planning.

To be sure, there are plenty of obstacles to retirement saving, including tight budgets and lack of financial confidence. Yet most of the 40- to 59-year-olds surveyed have already met significant financial challenges in their lives, including buying a car or a house, or paying off a student loan or mortgage. More than half have used money-saving strategies like coupon-clipping and comparison shopping.

With that data in mind, AARP and the Ad Council created AceYourRetirement.org, a free website that takes a lot of complexity and stress out of retirement saving. That's also where you'll meet a chatbot named Avo, the site's digital retirement coach. But why a chatbot?

"People already feel overwhelmed or stressed when they think about their retirement savings," says Mary Liz Burns, the Strategy Director of Financial Resilience at AARP, "and we wanted to create an empowering experience to help people get on track — they can do this! AceYourRetirement.org and our friendly digital coach, Avo are fun and accessible for everyone, and there is no judgement. As you use the site, you feel like you are simply texting with a friend."

Here's what I found when I visited.

It doesn't look like other retirement planning websites

Here's a screenshot of my visit.

It looks more like the interface on a smartphone chat or texting app than an accounting tool. There are no form fields to fill with personally identifiable information, or spreadsheets to download and save. There are no ads pitching retirement saving products (it was created by nonprofits, after all).

After you click through a few introductory screens, a smiling chatbot named Avo blinks at you and begins to ask questions. Avo is a "digital retirement coach" that makes the whole process feel friendly and supportive. You answer its questions by typing a few words in the chat window or by selecting "yes" or "no" with a slider button.

It doesn't ask you for a bunch of financial details

Avo asks your age, when you plan to retire, whether you plan to work part-time once you do, and if you have kids. Only one question is tough — the percentage of income you're already setting aside for retirement, so you may want to get a handle on that before you start.

After half a dozen or so similar questions, it returns with some advice. The questionnaire was much shorter than I expected it to be.

It gives you three action items when you're finished

Mine were:

Get paid to wait.
Picture yourself post-retirement.
What's your number?

With the action items, the website drops the chatbot and gets down to brass tacks.

"Get paid to wait" advised me to delay taking Social Security to maximize my monthly payment. It also pointed me to additional tools where I can learn my full retirement age (according to the Social Security Administration), and how much I can expect to receive once I do take Social Security.

Reading this is a little more involved than answering a chatbot's questions, but honestly, it still takes only 20 minutes max. The other two action items were more detailed and required more time — and financial details — before I could check them off my to-do list.

It's a cute face on top of a lot of retirement planning depth

Digging in on the other two action items meant reviewing my current savings and expenses to estimate my post-retirement needs and calculating how much I need to save to get there. These are the familiar calculations one finds at retirement planning websites across the internet.

Presented here as a series of step-by-step tasks, the road ahead seems a little less daunting. That's not to say the required amount that I need to save isn't daunting — it is! — but with the website's help, at least I have a number to aim for.

The website sets me on the right path, but I have to follow through

With the savings goal in hand, I have an idea of the scope of the challenge ahead, but I still have a lot of work to do. I need to increase my savings to reach that number, and there is more to that than answering questions in chat and filling in calculator fields. I need to choose the right savings vehicles, prioritize some spending, and eliminate credit card debt once and for all.

The resources included in the action items offer additional detail on how to accomplish some of these important tasks. It's still a lot of work, but at least with the provided guidance I'm more confident now that I know where to start.

Will Avo be a financial adviser in the future?

There is a lot of chatter in personal finance circles about using behavioral "nudges" to help people become better at money management, including retirement planning. Popular personal finance apps like Mint and Personal Capital make the task easier by eliminating a lot of the tedium through automation, and they make it more fun with user-friendly interfaces.

Elsewhere, financial experts often encourage us to automate saving through direct deposit from our paychecks, and there's been a shift toward making 401(k) deductions "opt-out" rather than "opt-in." When the deductions are done by default, we're much more likely to take advantage of them.

Right now, Avo does a great job helping reluctant savers get over early resistance to retirement planning. Maybe one day, Avo will work in tandem with a financial robo-adviser tied to our investment accounts to give us with more in-depth financial planning.

For now, give Avo a try and see if you don't feel more confident about retirement planning, too.

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This article is from Lars Peterson of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

7 Surprising Ways Retirement Has Gotten Easier

Tim Lemke — Fri, 26 Jan 2018 10:00:10 +0000

If you read the financial headlines, you'll get the sense that retirement may be a disaster for many Americans. With a decline in employer-provided pensions and uncertainty over the future of government benefits, many older Americans are rightfully concerned about whether they will be able to retire comfortably.

But there is considerable evidence that the experience of retiring is actually much better than in the past. Medical advancements are helping people live longer, and technology is helping to keep seniors connected to the world. And there are more resources for retirees than ever before. (See also: How to Overcome These 4 Common Retirement Fears)

Let's examine these ways in which retirement has improved.

1. It's lasting longer

There was a time not too long ago when people would work into their 60s and pass away within a decade or so. But these days, it's not uncommon for people to retire at age 60 and live another 30 years or more. Statistics from the Social Security Administration show that the average 65-year-old man will live another 19 years in retirement, up from 15 years two decades ago. That's a lot of time to travel, connect with the grandkids, and pursue all of the hobbies and interests you've been neglecting. While this longer retirement places pressure on people to save more, it's obviously a boon to seniors who have worked hard and deserve a lengthy retirement. (See also: 5 Ways American Retirement Is Changing)

2. Your living options are better

As the population has gotten older, there has been a recognition that older citizens need different kinds of living arrangements that offer them support while still preserving independence. There is now a whole growing industry surrounding assisted living and elder care that involves more than just nursing homes. Older people have the option of living at home with some help, or moving into special communities that allow them to live freely while having access to care as they need it. In many cases, older people can move into a community while they are still healthy and active, and remain there as they begin to need more care. While some of these arrangements can be expensive, they have allowed many seniors to maintain an active lifestyle and remain connected socially well into their retirement years. (See also: A Granny Pod May Be the Smartest Way to Care for an Elderly Parent)

3. The internet has kept us connected

Seniors can FaceTime with their grandkids. They can watch YouTube videos to get gardening or cooking tips. They can use the internet for genealogy research, and share photos of their travels. There are even dating apps for older singles. While technology is moving fast and not always user-friendly for seniors, our new connected way of life has benefited older Americans by expanding their options for activities and keeping them less isolated. The Pew Research Center this year reported that 58 percent of seniors feel that technology has had a positive benefit on society, and nearly half say broadband internet access is an important thing to have.

4. Travel is easier

While it's true that airport security has made air travel more hectic in recent years, there are other aspects of travel that have gotten easier for seniors. The internet has made booking flights and hotels effortless, and competition among online travel sites has made it easier to find great prices. The explosion of the cruise industry has been great for seniors, and touring companies have become smarter about accommodating the various needs of older travelers. The World Economic Forum also noted that transportation infrastructure improvements worldwide has made traveling easier for seniors over the years. (See also: 6 Ways Travel in Retirement Keeps You Young)

5. Health care is better

Yes, there are still problems with our health care system. But there's no mistaking that we've made great progress over the years in identifying and treating many ailments and diseases. We've also made it easier for seniors to access and afford care. Consider that before 1965, older Americans did not have access to Medicare to help pay for care and treatments, and it was not until 2006 when a prescription drug benefit became available. All of this has not only helped many people live longer, but maintain a more active and healthy lifestyle deep into retirement. (See also: Follow These 5 Steps to Full Health Care Coverage in Retirement)

6. It's no longer all or nothing

It used to be that retirement was a 100 percent proposition. It was either work full-time, or not at all. Now, seniors can ease their way into retirement, or even stay merely semiretired, thanks to the growth of freelance work and the "gig" economy. The internet has opened up more opportunities for freelance writing and consulting. Uber, the popular ride sharing company, estimates that 25 percent of its drivers are over age 50. And retailers including Amazon are increasingly seeking seasonal help that might offer opportunities for older people. (See also: 6 Great Retirement Jobs)

7. People are looking out for you

In the last half century or so, there's been growth in the number of organizations advocating for older citizens. There's the American Association of Retired Persons (AARP), which has become one of the most powerful advocacy groups in the country. There's the Village to Village Network, which encourages the formation of thriving communities for seniors. Meanwhile, local governments have formed agencies specifically dedicated to the lives of senior citizens in their communities. While there is always debate about whether we can do more for older citizens, there's no doubt that resources have become more plentiful and available over the years.

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This article is from Tim Lemke of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

The Easy Way to Do Your Taxes (Without Paying Someone Else)

Damian Davila — Wed, 22 Feb 2017 10:00:20 +0000

Like clockwork, Tax Day comes every year. In 2017, it falls on Tuesday, April 18 (Wednesday, April 19 for residents of Maine and Massachusetts). If just the mention of taxes makes you nervous, or even stressed, you're not alone. Since 2007, the American Psychological Association (APA) has been tracking the top causes of stress for Americans and has found that money, including tax preparation, is consistently at the very top of the APA's list.

While it may feel tempting to relieve this stress by paying somebody else to file your return, or buying expensive tax prep software, there is a long list of options to have your taxes prepared for free. Let's review what organizations offer free tax preparation services and what you can do to make the whole task… less taxing.

1. Free File Software From the IRS

Individuals who earned less than $64,000 in 2016 — 70% of Americans, according to the IRS — can file their federal taxes for free with Free File Software from the IRS, a partnership of the IRS with eight software providers, including TaxSlayer, H&R Block, and ezTaxReturn.com.

In addition to free federal tax filing, most Free File Software partners offer free state tax filing for residents of states with income tax requirements. Some providers may charge a fee for filing state tax returns.

2. IRS Tax Volunteers

Looking to help the community by preparing taxes free of charge, many Americans receive training by the IRS and then volunteer at approved locations in their communities. IRS-certified tax volunteers participate in two main programs.

Volunteer Income Tax Assistance (VITA)

Individuals who make $54,000 or less, have disabilities, or have limited English proficiency have access to free basic income tax return preparation with IRS-certified volunteers through VITA. Qualifying taxpayers have their returns filed electronically.

Tax Counseling for the Elderly (TCE)

IRS-certified volunteers for the TCE program focus on taxpayers who are 60 years of age and older, and specialize in questions about pensions and retirement unique to seniors.

Located at neighborhood centers, libraries, schools, shopping malls, and other convenient locations throughout the country, VITA and TCE sites can be found online through the VITA/TCE Locator Tool or by calling 1-800-906-9887. Since many TCE sites are operated by the AARP's Foundation Tax Aide program between January and April, you can also use the AARP Site Locator Tool or call 1-888-227-7669.

3. Free Tax Services at Universities and Colleges

Around the country, many student-run service organizations offer free tax assistance for low- to moderate-income individuals. Generally, these organizations offer free e-file for federal and state tax returns under the supervision of the IRS and CPA certified accounting faculty. Here are some examples:

VITA site from the Accounting Department at Dixie State University in Utah;
VITA site from York College in New York;
VITA site from St. Mary's University in Texas;
VITA site from the University of the West in California;
VITA site from the University of Minnesota Duluth; and
VITA site from the Levin College of Law at the University of Florida.

The majority of student-run organizations offering free tax assistance are also IRS-certified VITA sites. Keep in mind that free tax preparation programs at universities and colleges can only provide tax preparation to individuals making $54,000 or less. Student volunteers will most likely turn away small business owners and self-employed individuals because volunteers are limited to returns with certain types of income, including Wages and Salaries (Form W-2), Interest Income (Form 1099-INT), Dividends Received (Form 1099-DIV), Unemployment Compensation (Form 1099-G), IRA Distributions (Form 1099-R), Pension Income (Form 1099-R, Form RRB-1099), and Social Security Benefits (Form SSA-1099).

Student-run tax prep organizations can generally help nonresidents on a student visa (F, J, M, or Q), or a teacher or trainee visa (J or Q), but may turn away those with dual citizenship because these types of individuals require much more complex tax prep.

4. Free Offers From Tax Preparation Companies

Commercial tax preparers and software providers also offer free software access to taxpayers filing certain types of returns. Here are two samples from well-known companies:

H&R Block: Free tax prep for forms 1040EZ, 1040, 1040 with Schedule A, and some state tax forms.
TurboTax Federal Free Edition: Free prep of forms 1040EZ and 1040A and some state tax forms.

Since no humans are involved when using free tax prep software, you're responsible for figuring out the answer to your questions and responding to audits from the IRS. Also, getting help from a company rep over the phone or via online chat may cost you additional fees.

There are many offers available from online and brick-and-mortar providers. Since most of these free tax prep offers involve e-filing, it's a best practice to verify that they're authorized e-file providers by the IRS. Screen offers near you using the IRS e-file Provider Locator.

5. Free Tax Help From State Governments and Non-Profits

In an effort to help individuals and families with low-to-moderate income levels, many state governments provide free income tax preparation and electronic preparation through the Earned Income Tax Credit (EITC). Here are some examples:

The Illinois Department of Human Services offers free tax help to individuals and families making up to $30,000 and $55,000 respectively per year.
The Honolulu Community Action Program is offering free tax preparation to Hawaii residents with $55,000 and under in annual income and with a relatively simple return.

Contact your state government for a list of public and private organizations offering free tax preparation services.

Getting Ready for Free Tax Preparation

As you can imagine, any organization offering free tax preparation gets an avalanche of requests from taxpayers. Let's review some strategies to minimize the chances of being turned away or having to spend more time than necessary.

1. Know the Limitations of the Volunteers or Software

Free help is generally limited to more basic returns. For instance, if you're a small-business owner with questions on your Schedule C about how to take a tax deduction for your commercial refrigerator purchase, you're better off hiring a certified tax professional who can handle such complex tax scenarios. (See also: 4 Times You Should Splurge and Hire a Pro)

Verify that you're eligible for free tax prep under the guidelines of the organization that you're trying to visit. If you have a tax form that you've never seen before, check with the organization whether or not the volunteers can handle it. Many of the organizations on this list post on their websites the forms that they can process.

2. Schedule an Appointment (If Applicable)

Many organizations offering in-person tax consultation and preparation require you to book an appointment in advance. Whenever this is possible, book one so you can have a guaranteed time slot.

3. Show Up Early and Don't Procrastinate

If you can't make an appointment, do your best to show up early. If an organization has a schedule of 2 p.m. to 7:30 p.m., you'll probably have a better chance of being helped by showing up at 3 p.m. than at 7:20 p.m. Since most of the tax prep options on this list are only open between January and April, try to visit way before Tax Day when volunteers are less likely to be busy.

4. Prepare for Appointment

Make sure you have all the documents you'll need listed below before you attend your appointment. If you do not have all necessary documents, you may be asked to make another appointment, if available.

Bring:

At least one form of government-issued ID;
Your Social Security card to verify your Social Security Number, as well as the Social Security cards for any children you're claiming as dependents;
All W-2 forms;
All eligible 1099 forms, such as 1099-MISC, 1099-INT, SSA-1099, and 1099-DIV;
Affordable Care Act Documents, such as 1095-A, 1095-B, and 1095-C;
Form 1098, if you own real estate;
Form 1098-T, Tuition Statement, if you're a college student;
A copy of your last year's return (not always mandatory, but it helps volunteers a lot);
Documentation proving marriage status when filing jointly (check for more potential requirements because a spouse may or not need to be present, depending on your unique tax situation);
A voided check showing the routing and account numbers for the account that you want to use for direct deposit of your refund, if applicable;
Receipts and supporting documents of any deductions that you plan to take; and
Any additional forms that apply to your tax situation.

This is a general list, but you may need additional documents or forms. Contact the tax preparation organization in advance or read the fine print of the software that you're planning to use to cross your T's and dot your I's. Best of luck in this tax season, you got this!

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This article is from Damian Davila of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

How to Enjoy Retirement If You Haven't Saved Enough

Qiana Chavaia — Fri, 01 May 2015 15:00:25 +0000

Are you ready to retire, but haven't managed to save enough yet?

In fact, the U.S. Census Bureau of Labor Statistics says that although the average retirement age is 62, many seniors are retiring at age 65 or older, and a large percentage — roughly 80% — still will not have saved enough by then. Of them, about a third will depend entirely on Social Security benefits. If you're within five years of calling it quits but haven't saved enough to retire, here are a few steps that may bring retirement closer within reach.

1. Wait Until You're 65

Wait until you're age 65 or older before you start collecting Social Security benefits, as the longer you wait, the larger your benefit. Use Bankrate's Social Security benefit calculator to estimate your future payments.

2. Don't Wait to Downsize

Consider selling your home and investing the profits. Downsize to a lower-cost senior living community or condominium in an area where your property taxes will be affordable. You can also inquire about school parcel tax exemptions that allow seniors to apply for tax exemption from taxes imposed by local school districts.

3. Move to a No Tax State

Move to a state with no income tax on pension, Social Security, or dividend income. Florida, Nevada, New Hampshire, Pennsylvania, Washington, and Wyoming are among the states that do not tax that income.

4. Accept Government-Sponsored Medical Insurance

Medicare provides adequate health insurance coverage for doctor's visits, emergency care, assisted living, etc., but does not cover prescription drugs, dental, or vision care. For this, you will need add-on coverage like those offered by Medicare Advantage and Supplemental Insurance (Medigap). Consult with your insurance provider prior to retirement to ensure you can afford proper health insurance coverage. If you can't, inquire about government subsidies or senior plans offered by the likes of AARP.

5. Max-Out Retirement Accounts

By now you should be fully funding all of your retirement accounts and making any catch-up contributions. The 2015 catch-up contributions for IRAs total an additional $1,000 ($6,500) and $6,000 ($24,000) for your 401(k). As they are the most tax advantageous, make sure you are fully funding these accounts over the next few years preceding your retirement.

6. Diversify Using Bonds and ETFs

As you are nearing retirement age, you will want to gradually rebalance your portfolio so that it has less of volatile investments like stocks, and more of safer investments such as bonds and exchange-traded funds, or ETFs.

7. Join AARP

The benefits of joining AARP are endless. For those unfamiliar, AARP is the popular senior citizens advocacy group. The annual membership fee is only $16 and is discounted even further when years are bought in bulk. Members receive invaluable discounts on dining, travel, roadside assistance, auto insurance, health benefits, and more. This is a program that's definitely well worth signing up for.

Are you prepared for retirement? What are you doing to get ready?

This article is from Qiana Chavaia of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

Big List of Senior Discounts

Mikey Rox — Mon, 01 Jul 2013 09:48:33 +0000

Senior citizens have it made. Not only do they have retirement and senior centers (two things I can't wait to enjoy when I get older — hello, bingo!), but they also get to take advantage of a long list of discounts on entertainment, travel, dining, shopping, and more. What are those savings exactly? Find out right here in this big list of senior discounts. (See also: Amazing AAA Discounts)

Dining and Groceries

I knew that just about every restaurant offered senior discounts, but what a nice surprise to find that many grocery chains do, too.

Applebee's

Seniors age 60 and older can save 15% at Applebee's.

Arby's

Seniors age 55 and older can receive 10% off and discounted drinks at participating locations.

Ben & Jerry's

Seniors age 60 and older can receive 10% off in-store.

Boston Market

Seniors age 65 and older can receive 10% off.

Burger King

Seniors age 60 and older can receive 10% off at participating locations.

C-Town Supermarkets

Seniors age 60 and older can save 5% on their grocery bill on Mondays, Wednesdays, and Fridays and participating locations.

Chick-fil-A

Seniors age 55 and older can receive 10% off and free small beverages at participating locations.

Chili's

Seniors age 55 and older can save 10% at participating locations.

Denny's

Participating Denny's offer a discounted menu for seniors age 55 and older, plus AARP members can take advantage of everyday discounts on regular menu items for seniors and their guests.

Dunkin' Donuts

AARP members can receive a free donut with the purchase of a large coffee.

Friendly's

Participating Friendly's restaurants offer senior-friendly pricing to those age 60 and older.

Fuddruckers

Seniors age 55 and older can save 10% at participating locations.

Golden Corral

Seniors age 60 and older can receive 10% off at participating Golden Corral restaurants.

Gristedes

Seniors age 60 and older can save 10% on their grocery bill every Tuesday at participating locations.

Harris Teeter

Seniors age 60 and older can save 5% off the grocery bill every Thursday with the store's VIC card.

IHOP

Seniors age 55 and older can receive 10% off at participating IHOP locations.

Kroger

Seniors age 60 and older can receive 10% off their grocery bill on the first Wednesday of every month at participating locations.

Publix

Seniors age 60 and older can receive 5% off their grocery bill on Wednesdays at participating locations.

Super Fresh

Seniors age 55 and older can save 5% on purchases over $30 on Tuesdays with Club Card.

Shopping

You're only as old as the style you wear.

Banana Republic

Shoppers age 50 and older can receive 10% off at Banana Republic.

Clarks

Seniors age 62 and older can save 10% at Clarks shoes.

Dressbarn

Seniors age 55 and older can save 10% at Dressbarn.

Kmart

Gold K members age 55 and older can save 20% on prescriptions.

Kohl's

Seniors citizens can save 15% every Wednesday at Kohl's with a valid ID.

Ross

Shoppers age 55 and older can save 10% on Tuesdays.

Lodging and Travel

You'll find plenty of discounts on cars, boats, and trains, and on lodging when you get where you're going.

Alamo

AARP members can receive discounts on vehicle rentals from Alamo with a valid AARP membership number.

Amtrak

Amtrak travelers age 62 and older can save 15% on train tickets within the U.S. and 10% on tickets to Canada. Some restrictions apply.

Best Western

AARP Members age 55 and older are entitled to at least 10% off hotel rooms at Best Western hotels.

Choice Hotels

AARP Members age 60 and older can save up to 10% with advance reservations.

DoubleTree Hotels

Seniors age 65 and older can take advantage of Senior Discount Rates at participating DoubleTree by Hilton Hotels.

Greyhound

Seniors age 62 and older can save 5% on unrestricted passenger fares. Some restrictions apply.

Hampton Inn

AARP members can save up to 10% off the Best Available Rate by entering your AARP member number when booking online.

Holiday Inn Express

Seniors age 62 and older are eligible for a senior discount at participating Holiday Inn Express hotels.

Hyatt Hotels

Seniors age 62 and older can save up to 50% on prevailing rates at participating Hyatt properties.

La Quinta

AARP members can save up to 10% at La Quinta hotels.

Marriott Hotels

Seniors age 62 or older can save 15% or more on room rates at Marriott hotels worldwide.

Motel 6

Seniors age 60 and older can save 10% off standard rates at Motel 6.

National Parks

Seniors age 62 and older can receive free admission to America's national parks with the purchase of a $10 Senior Pass from USGS.

Norwegian Cruise Line

AARP members can save 5% on cruises that are booked at least nine months in advance.

Radisson

Seniors age 60 and older can save 10% on standard rates.

Entertainment

Many theaters offer discounted movies and so does a landmark water park.

AMC Theaters

Kick back and enjoy a flick on Tuesdays with discounts for seniors age 60 and older at participating AMC Theaters.

Bow Tie Cinemas

Seniors age 62 and older can save up to 25% off regular-priced adult tickets.

Carmike Cinemas

Seniors age 65 and older can save up to 35% off regular-priced adult tickets.

Celebration Cinemas

Seniors age 60 and older can save up to 20% off regular-priced adult tickets.

Cinemark/Century Theaters

Seniors age 62 and older can save up to 35% on regular-priced adult tickets, plus an additional 10% on all showing on Mondays.

Clearview Cinemas

Seniors age 62 and older can save up to 25% at participating locations.

Landmark Theaters

Seniors age 62 and older can save up to 30% off regular-priced adult tickets.

Muvico Theaters

Seniors age 55 and older can save up to 30% off regular-priced adult tickets.

Regal Theaters

Seniors age 60 and older can save up to 30% off regular-priced adult tickets.

SeaWorld

Visitors age 50 and older can receive $3 off a one-day ticket at SeaWorld in Orlando.

Miscellaneous

These last few discounts are for everyday things that didn't go anywhere else in this list.

Supercuts

Seniors age 60 and older can save $2 on services at Supercuts.

Teleflora

AARP members save 20% at Teleflora.

Verizon

Seniors age 65 and older can purchase 200-anytime-minute plans for $29.99.

Do you know of other senior discounts not listed here? Let me know in the comments below.

This article is from Mikey Rox of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread: