Living Your Best Frugal Life: Tips for Baby Boomers

Baby Boomers

For many Americans, finding a way to do all the things they want without breaking the bank is a struggle. Approaching retirement often means getting the freedom to travel, spend time with family members, or try something new—but doing any of those things on a budget can cause stress and anxiety. It can be difficult to find a happy medium when it comes to getting what you want and saving money nowadays, making it harder for Baby Boomers to live their best life.

 

Fortunately, there are ways you can travel and have new experiences in post-retirement while simultaneously saving money. The key is to get creative and do some research before making any plans, as this can help you stay on track while you’re enjoying yourself. For instance, you might hire someone to help with your lawn work, grocery shopping, and errands, or home improvement projects, giving you the time and energy to actually enjoy your life. The key is to take a little time to explore your options to ensure you’re getting the best deal. Living frugally doesn’t mean that you have to give up the things you really want. Keep reading for more tips on how to live it up without breaking the bank.

 

Start early

 

The best way to save money when traveling is to plan early. If you want to book a cruise, start your search at least six months in advance. This will help you find the best deal, as there will be many options available without a lot of demand. You can also wait until a couple of weeks before the cruise date, as many companies will offer steep discounts to move unsold tickets.

 

Start local first

 

Once they retire, many people want to see the world — or at least the US. However, you can save money by thinking a little more locally than that. Have you explored your state? Do you know what treasures can be found in your own county? Look for adventures close to home first, or head to a neighboring state to see what you can find. You might be surprised to find there are plenty of getaway opportunities you haven’t even considered. Plus, road trips are fun—and they’re far less expensive than flying somewhere.

 

Look for deals online

 

Online deals are the cornerstone of simple travel, so check out several websites to get the best deal on hotels, airfare, and entertainment when you’re ready to take a trip. This also applies to everyday shopping, as there are always coupon codes and other discounts to be found if you know where to look. Check out the travel section of RetailMeNot.com for great savings at thousands of online stores. Also, keep in mind that many travel companies offer senior discounts for everything from restaurants and entertainment to tourist attractions and transportation—so those are definitely worth looking into.

 

Buy used when you can

 

Many retirees want to treat themselves a bit, and you can still do that without spending a ton of money. Buying used can help you save on big-ticket items such as a car, a new set of golf clubs, or a television without compromising what you really want. You can try sites like Craigslist or Facebook Marketplace to find great deals on the items you’ve been looking for. Do a little homework and ensure you’re getting what you paid for; go here for a list of the best used sites.

 

Living the life you’ve always wanted doesn’t have to come with a hefty price tag. For many seniors, finding a way to do all the things they want during retirement is simply a matter of getting creative and asking for help from friends and loved ones. Think outside the box when it comes to your spending. With a good plan, you can make your retirement years everything you want them to be.

Make Moving More Accessible

BathtubMoving into a new home can be a monumental task for anyone, but it may present additional challenges to those with a disability. If you count yourself among the more than 54 million Americans living with a disability or share a home with someone who does, here is some advice to help make moving more manageable.

 

House-Hunting Considerations

When searching for a home, it’s important to ensure that it is adaptable for future needs. For instance, if you have mobility issues, you might not need to use a wheelchair now, but that could change some time down the road. Educational material from Easterseals suggests looking for a property with the following structural features that will make modifications easier to accomplish:

  • A relatively flat site for your home that has paved walkways from the driveway and sidewalk areas to your door.
  • A ground-level entrance or an entrance with only one or two steps that avoids any major obstructions such as trees.
  • Building corners that could accommodate a ramp with a slope not more than 1 inch in height for every foot in length.
  • No steps or changes in levels on the main floor.
  • Wider-than-standard doorways that are at least 32″ in width, and thresholds that are no more than a half-inch high.
  • Hallways that are at least 42 inches wide.
  • At least one large, full bathroom with a 32-inch clear door opening and clear 5×5-foot floor space.
  • A kitchen large enough for easy wheelchair mobility.

 

Planning for Modifications

Depending on your disability, you may need to make modifications before you can move in. If that’s the case, you should budget the time and money it will take to make those accessibility adjustments. The national average cost to remodel a home with disability accommodations is $4,936 according to HomeAdvisor.

Part of the wide price range can be attributed to the different needs of disabled people. For example, some with hearing loss may just need special smoke and carbon monoxide detectors and doorbells with visual alerts installed, while others who use a wheelchair may need exterior ramps, wider doorways, lower cabinets and appliances, and a curbless shower stall, among other modifications. It’s also worth noting that the federal Fair Housing Act requires landlords to allow tenants to make reasonable accommodations to certain rental homes, apartments, and condos, although the renter may have to pay for the accomodations.

Fortunately, there are many agencies and organizations that offer grants, loans, and other resources to help people with disabilities make their homes safer and more comfortable. And some accessibility modifications may be tax deductible because they qualify as necessary medical expenses. State and federal health and human services agencies are a good place to start when researching available resources.

 

Making the Move

Similarly, there are agencies and organizations that offer financial assistance to help people with disabilities cover moving costs. Some moving companies may also provide discounts or specialized services for clients with disabilities, so it pays to start researching and scheduling early.

Otherwise, experts advise people with disabilities implement many of the same strategies as anyone else who’s relocating to a new home. Decluttering your current home will make packing and unpacking easier. And numbering each box and maintaining a list of each box’s contents will make unpacking and organizing go much faster.

Other chores might be particularly important for some people with disabilities. For example, you want to be sure to refill prescriptions and find healthcare providers whose offices are convenient to your new home.

Try implementing these tips to make house hunting, renovations, and moving as simple and stress free as possible. Soon you’ll be able to settle in and start enjoying your new home.