
How to Handle Emergency Situations as A Retiree.
If you incur an emergency situation such as your car breaking down or the boiler stops working, of course this will upset your finances. However, if you have allotted some funds to go toward emergency repairs, then you are one step in the right direction.
If not, however, there are always other options. A financial advisor will be able to guide you properly on how to handle emergency situations. Sometimes something as small as taking advantage of senior citizen discounts on dining, traveling, and prescriptions, combined with a possible discount on a refinance or home equity loan for seniors, is just enough to handle the situation with ease.
By Dan Humphrey