New Study Found That Retirees Who Consolidate Accounts Reduce Annual Fees by an Average of 0.8%
Account consolidation can trim retirement fees, but the specific savings vary widely based on what you currently pay.
Category Strategies
New Study Found Senior Households Spend 11% of Their Income on Energy Compared to 4% for Working Families
Senior households in the United States face a disproportionate energy burden that significantly outpaces that of working-age families.
She Found Out Her Late Husband Had a $94,000 Pension She Never Knew Existed
Widows discover their husbands' hidden pensions years later—sometimes worth $86,000 or more.
At Least 26% of Retirees Report Difficulty Paying Utility Bills at Some Point in a Given Year
At least one in four retirees—roughly 25% of people age 50 and older—report that their most recent utility bill was unaffordable, according to 2025 AARP...
$4,100 Average Annual Energy Bill for American Retirees in 2025
The claim that American retirees face a $4,100 annual energy bill in 2025 circulates widely, but it doesn't hold up to scrutiny.
Fact Check: Can You Contribute to an HSA After Age 65? The IRS Rules Are Stricter Than You Think
The IRS stops HSA contributions at 65—no exceptions for working retirees or self-employed people.
Fact Check: Do Senior Discounts on Car Insurance Actually Save Retirees Significant Money?
Yes, senior discounts on car insurance do save retirees significant money for many, but the amount varies considerably depending on your age, driving...
New Study Found Retirees Spend an Average of $6.40 Per Mile More on Transportation Than They Estimate
Recent claims about retirees spending $6.40 per mile more on transportation than estimated have circulated online, but the specific figure cannot be...
At Least 19% of Seniors Over 80 Are Still Driving Despite Qualifying for Lower-Cost Alternatives
The data on elderly drivers tells a more nuanced story than the headline suggests. While it's true that a significant portion of seniors over 80 continue...
Warning: Auto Insurance Rates for Drivers Over 75 Have Increased 22% in the Last Three Years
The commonly cited figure of a 22% increase in auto insurance rates specifically for drivers over 75 in the last three years does not appear in current...