One of the benefits of getting older is taking advantage of loyalty programs and promotions that reduce costs for people over 65. From large chains to small businesses, many companies extend discounts on products and services to people who meet a minimum age requirement. After a lifetime of paying full price for movie tickets, museum admission and even groceries, people who are aging in place can keeping their spending down by learning about cost breaks.
Do your homework. The internet is full of resources to find the best deals for older people. Sites like The Senior List and Care.com have compiled running lists of promotions and standing offers that are available at national chains. Whether it's a 10 percent price reduction or a free soft drink, the savings adds up over time. One reason companies extend these offers is to generate loyalty and return visits from older customers. Many brands have moved away from the "early bird special" in favor of universal discounts that accommodate people living more active, spontaneous lives.
Retirees who support themselves with a combination of savings, social security and other lifetime benefits can extend their resources further by finding deals on everyday items. Behind the cost of health care, concerns that finances will run out is a leading worry among people over 65, according to a survey by BankRate. Older people who capitalize on discounts and other money-saving techniques can set themselves up to avoid those worries.
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