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Best Financial Planning Resources For Seniors

Updated on September 3, 2012

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!


  • 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 decide 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.

public domain photo
public domain photo

  • 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.
  • Tax Counseling for the Elderly Program. Contact your government office of Tax Counseling for the Elderly Program. Anyone age 60 and older can receive free advice and tax return preparation. These services are available all year long and are a great free source of financial planning for seniors.

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. - 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. - 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! - 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! 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. - Get free credit report information on this site. You can also get free advice on credit repair on this website. - 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


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    • profile image

      Alex 4 years ago

      There is some really good feedback her, quite encouraging! Here is some information that I found pretty useful

    • akirchner profile image

      Audrey Kirchner 6 years ago from Central Oregon

      Thanks, Hanna - the older we're getting, the more help we and Bob!!

    • Hello, hello, profile image

      Hello, hello, 6 years ago from London, UK

      A well followed-through hub with splendid help.