Financial Planning for Seniors

Donna Nichols • April 5, 2021

4 Practical Tips to Help Seniors With Financial Planning

You may ask yourself; shouldn’t this have been done when they were younger?

Yes, perhaps, but not all of us think of this when we’re young and not all of us can do this when we’re young. So we must now plan for it as we age.

Financial Planning for Seniors

Where do you begin?

First, make a budget and stick to it.

You know how much money you have coming in each month and how much you can afford to put out each month.

Find a financial advisor; there are local programs that can help you.

The National Council on Aging (NCOA) is one such program that helps seniors with many different programs for free or reduced rates.

AARP is another organization that offers free programs from other seniors who have retired, such as financial advisors who are looking to volunteer their services and assistance.

Next, set limits on the money you give to family members.

I know it’s nice to give your children and grandchildren money for their birthday and Christmas, but you may need to hold on to that money for yourself, or perhaps give them a lesser amount.

There’s a free program through the NCOA called BenefitsCheckUp and they provide community programs and services, online help, and advocacy.

After signing up, you can browse all the programs offered, find out if you qualify, and figure out how to apply for them. Go to https://www.benefitscheckup.org/ to learn more.

Be very careful with your internet/TV/phone service too.

Different companies charge so much money and if you have direct debit, you may not even know what you are paying for the service.

This happened to a client of ours, she has her internet/cable/phone service come right out of her checking account. Well, she bounced some checks because she didn’t know how much was coming out.

When she signed up for it, it was like $129.99 a month, so this is what she was taking out. Well, guess what? They were charging her, $275.00 a month!!! She said she never received a notice about the rate increase nor did she receive anything from her bank.

This woman has several children and to think that not one of them checks on her financial well-being just amazes me.

As senior advocates, we can help in situations like this. One of our advisors took her to her bank and to the places where the checks bounced and rectified the situation.

The bank is now to notify our advocate when monies run low. Our advisor was also able to downgrade her internet service and her bill is no longer direct debited from her account.

This is just one example of what a senior advocate can do for you, so should you find you need a senior advocate, someone who will go to bat for YOU with no hidden agenda, call Assisted Living Made Simple. We love our seniors and are privileged to assist you, and the best part is . . . our service to you is FREE!!

If you need help or encouragement as a Caregiver give us a call at  386-847-2322  or check out our  Caregiver Support Group. Our  Senior Advisors  are here to walk with you through this journey.
By Donna Nichols February 2, 2026
Small Habits That Make a Big Difference February brings a soft reminder to pause and check in with the most loyal companion we have — our heart. It beats for us without asking, carrying us through decades of joy, loss, laughter, and change. American Heart Month invites us to honor that steady work with simple habits that help us feel stronger, more energized, and more connected. The Power of Small Steps Heart health doesn’t require dramatic resolutions or strict routines. In fact, the most meaningful changes are often the smallest ones — the ones we can weave into our day without feeling overwhelmed. A ten‑minute walk after breakfast. Choosing water before coffee. Stretching your arms and shoulders while waiting for the kettle to boil. Turning on a favorite song and letting your body sway a little. These tiny choices add up. They support circulation, boost mood, and remind us that caring for ourselves is still possible at every age. Movement That Meets You Where You Are Not everyone can take long walks or join a fitness class — and that’s okay. Gentle movement counts. • Marching your feet while seated • Rolling your shoulders to release tension • Standing up and sitting down a few times to strengthen your legs • Reaching toward the ceiling to open your chest Every bit of movement helps the heart do its job with less strain. Food That Loves You Back Heart‑healthy eating doesn’t have to be complicated. Think in terms of adding rather than restricting. • Add a handful of berries to breakfast • Add a few colorful vegetables to lunch • Add a sprinkle of nuts or seeds for healthy fats • Add one extra glass of water during the day Small additions feel doable — and they nourish the body in ways you can feel. Connection Is Heart Medicine, Too Loneliness can weigh on the heart just as much as physical strain. February is a wonderful time to reach out. Call a friend you haven’t spoken to in a while. Share a memory with a grandchild. Join a community activity, even if just for an hour. Let someone know you’re thinking of them. Human connection is one of the most powerful heart‑protective habits we have. A Month to Celebrate Your Strength Your heart has carried you through so much — every milestone, every challenge, every moment of joy. This month is not about perfection. It’s about honoring your resilience and choosing one or two small habits that make you feel good. A healthier heart doesn’t happen overnight. It happens in the quiet, steady choices we make each day. And February is the perfect time to begin.
By Donna Nichols January 12, 2026
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By Donna Nichols January 9, 2026
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