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- 😊 RetireHub Daily 05/20/2024 😊
😊 RetireHub Daily 05/20/2024 😊
Internet deals (and more) for seniors
RetireHub
May 20, 2024
It is Monday, May 20th, 2024
Dear RetireHub Daily Readers, how was your weekend? We’re back with another edition of Money Monday, with all the usual deals, trivia, and tips to start the week off strongly.
On this day in 1908, Hollywood icon James Stewart was born in Indiana Pennsylvania. Stewart would star in iconic films such It’s a Wonderful Life and Vertigo.
Do you know what James Stewart’s final film credit was? Test your knowledge in our trivia at the end of this newsletter!
Deal of the Day
One of our favorite RetireHub supporters, BookBub brings the bookstore to you with personalized ebook deals delivered straight to your inbox.
Save up to 95% off bestsellers!
Get personalized recs (whether it be Romance, Thriller, SciFi or more)!
Ebooks are yours to keep!
RETIREHUB POLL
How do you feel about investing your retirement savings? |
Things to consider when investing your retirement nest egg
Investing can make your money grow dividends—literally! But it can be confusing or intimidating. If you’re curious about investing your retirement savings, here are some things to consider*:
Proceed with caution—given that you don’t have a job in retirement, you don’t have the steady income to make up for losses. Most experts recommend seniors choose lower-risk investing, even though the returns can be lower.
Make time work for you—investments are a long game. If you invest your nest egg sooner, there’s more of it (because you haven’t spent it all yet) and it has longer to grow.
FDIC-insured accounts provide protection—these federally-protected accounts keep your investments insured up to $250,000.
Diversity provides security—Maybe you have a lot of cash savings but what about other options? Could you invest in property you could make an income from?
*This isn’t financial advice, just things to consider. Speak to a qualified financial advisor before making any investments, and explore resources like retirable.com.
Yesterday’s Poll Results - Are you planning on moving to an Active Retirement Community in the future?
It seems most (47%) RetireHub Daily readers are open to the idea of an active retirement community, even if they’d rather stay in their own home. A quarter (25%) don’t like the idea. Thanks for all the thoughtful comments on this one, it’s a topic we will return to.
Thanks to everyone who voted and commented!
Our Favorite Comments:
We love hearing and sharing comments from our polls! While we can’t publish them all, we do read and appreciate every comment.
“After 40 years owning this was a good option. As usual good & bad you have to make the best of it. No more repairs & rent is reasonable. I think this was a good idea for me. Do I miss owning yes hard to get use to rules but I think in the long run this option suits me.”
“After my stroke, I can no longer my yard work, and in one of those communities they take care of that for me.”
“Just moved and enjoying every minute. Surrounded by fun, caring people. Wish we had done it sooner.”
“Would prefer a more intergenerational setting.”
“Unfortunately, only a few years "in", we had to leave our comfortable independent living community due to our dwindling financial resources. Heartbreaking.....”
WHAT WE’RE READING
 | by Blake Pierce Diagnosed with a terminal condition, FBI agent Rachel Gift hides the truth from her family and partner as she uses her remaining months to pursue serial killers… An unputdownable crime thriller from a USA Today bestselling author with over 1,500 five-star Amazon ratings. |
Want free books delivered to your inbox every day? Check out Free Booksy!
Receive free eBooks (just like this one!) in your favorite genres delivered to your inbox daily. Check out Free Booksy today!
(Please support our sponsors — they help keep RetireHub going!)
SENIOR LIVING NEWS
It can be challenging to buy a gift for your senior family members or friends who have visual impairment. You want gifts to be useful and make your loved one’s life easier.
This list contains 8 useful products and devices that would make great gifts for visually impaired individuals.
Balancing your savings and pensions in retirement against your expenses can be tricky. Here are some tips to help you manage your savings alongside your pension for monthly income.
Key Takeaways
•Pensions give you a predictable monthly income that can combine well with your Social Security payments.
•As with Social Security, though, you’ll likely have to supplement your pension with some of your retirement savings.
•The smaller the amount you take out of your savings each month, the better, and integrating your pension with your retirement savings can help.
LONGEVITY TIP OF THE DAY
Block out the noise—a good quality sleep makes all the difference. And not just to our mood in the morning. Blocking out noise helps us enter, and stay in, deep sleep. Ear plugs are a good affordable option (though take some getting used to).
Slang of the Day
Word: “Menty B”
Definition: A play on mental breakdown, Menty B is used semi-ironically to describe moments that are extremely stressful, though not necessarily deserving of a mental breakdown.
Used in a Sentence: “I used to feel like I was having a Menty B whenever I thought about retirement—but not any more!”
GOOD NEWS OF THE DAY
As Vermont State University Castleton graduates receive their degrees this weekend, so too will a tabby cat. The cat, named Max, is getting an honorary degree as a "Doctor in Litter-ature."
Once a feral kitten in the town of Fair Haven, Max has lived with his human mom, Ashley Dow, on Seminary Street in Castleton for the past five years. And for most of those years, he’s been venturing up to the university campus.
A senior who had suffered from type-2 diabetes for 25 years hasn’t taken insulin for 33 months after he received a regenerative islet cell transplantation.
This new breakthrough, coming after 10 years of research and testing, may change approaches to treatment forever.
RETIREHUB TRIVIA
For which animated character did James Stewart provide the voice in 1991, his final film credit? |
Which actor famously said, "What we've got here is failure to communicate" in the 1967 film "Cool Hand Luke"? |
What river runs through the Grand Canyon? |
How was today's newsletter? |
Our goal is to grow RetireHub to over 1 million members — with this, we’ll have the leverage to get even better discounts from the likes of Netflix, Amazon, and others.
To help incentivize referrals, we’re giving away 12 months of your favorite streaming service for free! Simply forward this email to a friend (and cc [email protected]) and you’ll be entered into the drawing on May 15th! (Maximum $20/month streaming service).
Each additional friend you send the email to will count as an additional entry (25 person max).