- Event Calendar
- Get Involved
- Be Money Smart
- Money Saving Tips From Nebraskans
- Money Smart Pledge
- About the NFEC
Maybe you’ve retired and are enjoying time with family or grandchildren. Maybe you’re working. Maybe you’re on a fixed income. If you’re a senior citizen, you still have to be concerned about your money – how to protect yourself against fraud, manage your resources and enjoy your golden years. Here are some tips to consider at this stage in your life.
Fiscal Fitness for Older Americans:
Stretching Your Savings and Shaping Up Your Financial Strategies
- Pay more attention to their finances and investments to make sure they last through retirement.
- Retirees need to chat with financial advisors and loved ones about maintaining their financial well-being.
- Education still plays a role - peoples’ finances change when they retire, so they need to think about them differently.
- What investment vehicles work for one person may not work for someone else. Knowing your needs and comparison shopping for financial products make you an informed purchaser.
- Protect your money and credit by avoiding identity theft, frauds and scams.
- Understand your credit rating and how to protect it.
Resources for money smart seniors:
- 360 Degrees of Financial Literacy – http://www.360financialliteracy.org/Life-Stages/Retirees
- Retirement Saving Tips from the IRS – http://www.irs.gov/retirement/article/0,,id=151170,00.html
- Social Security Tips – http://www.ssa.gov/
- Nebraska Attorney General: Preventing Senior Fraud – http://www.ago.ne.gov/resources/dyn/files/392578zdc79b9be/_fn/AGO_SAFE_122910.pdf
- AARP – http://www.aarp.org/money/