Help for Low-Income Seniors: A Guide on Getting Financial Assistance

Help for Low-Income Seniors: A Guide on Getting Financial Assistance

Are you aware that the youngest baby boomers will have turned 55 by the end of 2019? This means that the number of seniors in the U.S. will increase considerably in the next 5-10 years. Many will be under-prepared for senior living.

Will there be help for low-income seniors who need it? If so, what kinds of help and how can it be found? What can current and future seniors and their loved ones do to ensure their future needs will be met?

In this article, we’ll look at various categories of senior assistance programs and services that are available, who qualifies for them, and how they can be reached.

Financial Advice for Low-Income Seniors

There are lots of ways seniors can get financial assistance. To locate many of these, seniors are encouraged to use the National Council on Aging’s Benefits Check-up. This site shows an array of benefits based on your needs and where you live.

GreenPath Financial Wellness is a non-profit financial counseling and debt management service that meets NCOA’s Standards of Excellence. It provides unbiased financial assistance to seniors investing in their futures.

Continue Reading
How to Securely Cancel a Credit Card

How to Securely Cancel a Credit Card

Do you want to cancel your credit card? Afraid it will affect your credit score? In this post, I have shared a few ways to securely cancel your credit card. The decision to cancel a credit card is always welcomed by financial advisors. Most often, people cancel their credit cards either because they have too… Continue Reading