Best Financial Planning Resources For Seniors
Financial Planning for Seniors
Whether you're already a senior or you see this phase of your life on the horizon, there are some things you should consider now rather than later.
It's never too late (or too early) to consider your senior financial future and to start planning today.
Consider this fact - there are a lot of resources out there that are completely free!
For those who are interested in saving money while resourcing all that's available to help senior citizens with their financial planning, you're gonna love this info!
FREE FINANCIAL PLANNING RESOURCES FOR SENIORS
- Your bank or other lending institution.
There are financial advisers
employed by most banks and lending
institutions who can go over your current finances with you and help you
what direction you want to go in for the future. Why are their services
free? Because most make a commission off any investments you make in
the future so
they like to give out free advice! By
helping you do well with your finances, they can do well also.
- Area Agency on Aging. Contact your
local Area Agency on Aging to find out about seminars, most of which are
completely free. Usually you can attend these seminars at
libraries, recreation centers, universities or even churches. If they
don't have any meetings scheduled for your area,
suggest one in your area and they will usually accommodate anyone and
set one up. Your friends will thank you!
- American Association of Retired People. Contact the American Association of Retired People (AARP) for free financial advice! You may have to join but the fee is nominal for the benefits you receive and the free financial advice you receive. AARP financial advisers have at least 10 years of experience and can answer questions about tax credits, investment opportunities, retirement plans and many other topics.
Website Sources for Senior Financial Planning
The following websites are great sources of free information!
Most are entirely free but you may in some cases have to become a member to receive books. There are also some areas that are not free advice areas - you'll be advised which ones aren't free. The wealth of information on these sites is outstanding.
Most of the fees or charges are nominal. You'll just need to decide if you can find other free sources for the information or sign up for the paid services or products.
http://www.mint.com - This site was voted the top site by Kipplinger's, Money Magazine and PC Magazine. You can use your program Turbo Tax (if you have it) to file taxes and the site also offers great financial advice for all ages.
http://www.aarp.org/money - This site has tons of useful information and articles covering things like current investment advice for seniors or budget planning for seniors. Most importantly, it's all for seniors!
www.irs.gov - You
can find all kinds of free tax advice on this site as well as details about
different retirement plans. Check out
the section specifically devoted to retirement and taxes. You can also get help in answering any and all questions - for free!
http://www.daveramsey.com This site is all about investment but in
terms that are actually understandable. You can find a wealth of information on this site along with tools and
calculators to help you with your financial planning.
http://www.ftc.gov - Get free credit report information on this site. You can also get free advice on credit repair on this website.
http://www.creditkarma.com - Use this website to obtain your credit score.
Financial Planning for Seniors
Financial planning for seniors doesn't have to be a maze that you are stumbling through to get to where you want to be - financially free....or at least financially stable.
With a little bit of effort and a close examination of where you are now and where you want to be, you have tools that you can access and get advice for free!
Try any or all of these sources and compare notes to get the best advice on your financial plan for the future.
If you have other sources or sites you know about and would like to enrich this hub, please leave me a comment to share with everyone.
Wishing you great success in your search for sources for financial planning for senior citizens!
AARP Financial Advice Services
More Reading on Financial Planning for Seniors
- Life Insurance For Senior Citizens
As with many other financial planning and preparation processes, life insurance for senior citizens is often disregarded until it is nearly too late. Although many consumers believe that they can simply...
- Planning for Your Retirement - A Backwards Approach
Retirement planning as it is typically approached is best viewed, perhaps, as an exercise in active dreaming that keeps us motivated in the present. There are so many variables that could and probably will...
- Tax Tips for Seniors
The tax code is very long and confusing, but there are also options and opportunities for taxpayers. The tax code changes every year, and has since 1914. The current tax code is over 50,000 pages long. All...
- Financial Planning and Resources
By Tina Marie Retirees today face many challenges. The National Council On Aging (NCOA) say 54% of Seniors are still working due to being afraid of not having enough money for their needs. Some other concerns...
- Planning for Senior Care
We all know its hard to predict when a medical emergency will occur, what kind of emergency it will be, and how severely it will affect your life. The reality is that medical emergencies happen very often,...
- Financial planning for old age - Savings and regular...
When I was in my twenties, I read a wise article about how to make money, this is something I encourage everyone to do, read advice about money. One reason people like to make money is to buy things and go...
- Financial Advice For Seniors
Looking for financial advice for seniors? Financial planning is very essential, it makes life more comfortable and easy. But financial advice for seniors would differ from financial advice for young adults. ...
More by this Author
Budgeting tips for low income families. All families could benefit from these money saving tips.
Let's explore the difference between being frugal and being cheap. Which is better, cheap or frugal? And is there really a difference?
You can make a jumbo or extra large muffin from any muffin recipe out there. You just have to know how to tweak the recipe in terms of baking time and amount you put in the pan. If you don't have a jumbo muffin pan,...