There are many helpful discounts and concessions available to older people, so don’t be afraid to ask for them. You can save money at a time when you need it most, and help make your cash go a lot further than you’d imagine.
Can I get discounted travel?
Yes. If you live in England you qualify for free bus travel and can get a bus pass when you reach the female State Pension age, whether you’re a man or a woman. In Scotland, Wales and Northern Ireland you can get a bus pass when you reach 60. You can also save a third on rail fares when you buy a Senior railcard. Here are some more money-saving travel tips:
- Book in advance
You can get big reductions on rail travel by booking fares in advance online. Have a look at nationalrail.co.uk which usually gives you a ‘cheapest fare’ option. Alternatively take a look at mytrainticket.co.uk. You may occasionally find other deals on discount sites like Groupon.
- Coach travel
If you’re 60 or over, you can buy an annual National Express Coachcard for £12.50. It will save you a third on standard coach fares. So it could pay for itself in one trip.
What about savings on health and fitness when I retire?
Many gyms will offer discounted membership if you use their facilities at off-peak times. Although this isn’t strictly aimed at older people, it can be an incentive to join if you’re thinking of ways to keep busy whilst staying fit and healthy in retirement.
Don’t forget you can get free eye tests and prescriptions on the NHS once you’re 60 – and most doctor’s surgeries offer the flu jab free of charge to anyone aged 65 and over. Boots the chemists also has special offers if you’re over 60, as part of the Advantage card scheme. Find out more about health-related benefits here.
How about discounts on entertainment?
If you fancy a spot of culture, you can usually save money on cinema and theatre tickets when you reach retirement age. Just make sure you ask before you book tickets. As you get older, you might want to ask about seating arrangements too (something closer to the front may be very practical). If you're a sports fan, you may be able to get discounted matchday and season tickets for football, cricket and rugby games.
Are there offers on other activities?
Yes. For example, one fantastic way to spend your quieter days is to discover the hidden gems of the National Trust. If you’ve been a member for at least five years in the past ten, you can apply for a senior membership. If this doesn’t apply to you, it’s still worth joining as you’ll get free entrance to hundreds of historic houses, gardens and estates.
Any more great discounts to know about?
Everywhere you look. This is just a taste of the savings you could make once you retire. Treat the internet as your friend, as there are many brilliant discount sites and vouchers to be found online.
Most people need to tighten their belt during retirement, but hopefully that doesn’t mean you can’t still enjoy yourself. By making good use of the discounts and benefits available to you, you can make your money go a lot further than you’d imagined.
Another good way to save money is to check cashback sites such as topcashback.co.uk before making any online purchases to see if you could get some of your money back. All you have to do is:
- sign-up to the site (most sites are free to sign up to)
- search for your retailer
- click on the website’s link, and
- make your purchase as normal.
Although it’s not a direct discount applied at the checkout, cashback sites will give you back a percentage of your order into your cashback sites account shortly after your purchase is complete for you to withdraw.