We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Over 50s MoneySaving

Discuss MoneySaving topics for older people, including senior citizens' discounts.

Wills and beneficiaries
Hi there. Grandmother has passed away. Her will only states to split house/monies between two sons... Nothing more, nothing less.I am power of attorney. uncle) has not told us anything about the will, final burial (have had funeral, waiting to hear about laying of ashes) or anything. Dad and I are worried that she will…
Top five regrets
From the Guardian: http://www.guardian.co.uk/lifeandstyle/2012/feb/01/top-five-regrets-of-the-dying Bronnie Ware is an Australian nurse who spent several years working in palliative care, caring for patients in the last 12 weeks of their lives. She recorded their dying epiphanies in a blog called Inspiration and Chai,…
Oh no 5 oh
Well I have finally reached the age where my kids say to me " its all down hill now dad". I will be 50 at the end of July 2012. OK, I have to accept it :-( so what benefits are there for people aged 50 & over, things like SAGA and others?. Any help or advice to soften the blow would be appreciated. Thanks in Advance
Enduring Power of Atorney
Currently registering a Enduring Power of Atorney for MIL. Can MIL still sign cheques and Docs., after EPA is registered?
Moving closer to a parent
I'm know this is one of those "that depends" questions but I'm hoping to clarify my thoughts! My dad lives an hour and a half drive (mostly motorway) from us. We speak on the phone every day and see him twice a week at least. He's 77 and fit and well. We have no ties in the area we currently live in and work in jobs that…
Managing Mum's assets
My mum, who is 89, is finding it impossible to manage her financial assets, which amount to about £200 000 in various accounts. My husband and I have been moving the money around to get the best rates of interest but this is difficult as (rightly) the companies won't discuss my mum's accounts with me over the phone. My mum…
Handling parents' savings
My parents are both retired and have been living abroad for several years. However, they have just told me that they still have a bank account in the UK with quite a few thousand in it. They have suggested that I might be able to put the money into a savings account in my name as they can't do it in their own names.…
Cameron protects OAP benefits till 2015
http://uk.news.yahoo.com/cameron-protect-oap-benefits-150859375.html
MHA 117 and fees.
My mum is shortly to go into a home and on reading her care assessment plan, they say she needs MHA 117 aftercare. I thought this meant that her care should be free but she is having to self fund it. She will be moving into a different authority and area this week. I telephoned the alzheimers society and they said she…
Boots over 60's
Hi all, brought some boots branded items for my parents today. My dad has a Boots card he is over 60, I only just looked at the receipt when I got home, does he not get 10% discount on all boots items? Thanks
Tennants in Common 10/90% split
My mother has been advised to put her house in hers, my sisters and my names, 10% to her and 45% each to me and my sister. This is as tennants in common. The property is held in trust in her will and it is the way the will is written. If we should predecease her there is a conditional declaration reverting the ownership…
Top up fees request from Adult Social services
Following on from the threads about selling homes and self funding for Nursing home fees..not residential ..This applies to Nursing home Does anyone have a family member in a Nursing Home that is subsidised by Adult Social services in their area and has been asked to guarantee a top up this year as the fees have increased?…
Signing house over to children before care
Hi folks can anyone help with the rules of signing the house over to the children in case care is needed and having to sell the house to pay for it........don't know where to post this.......where do I stand........?
Planing for getting older, what have you done?
Living quite happily on my pension but wondering if there are things I should be doing now to make life easier as I get older. What have you or do you plan to do make life more comfortable in the future? I don't want to look back in say 10 years and wish I'd done this that or the other.
How much power does an Executor have?
I am the Sole Executor of my mothers Will. There are six of us as Beneficiares. I have done Probate and kept everyone informed all along the way. There is a house to sell that is the major part of the assets to distribute between the six of us. This was put on the open market after all were contacted but none replied--even…
retierment village
At the moment we live in a house up & down, which is fine but we have always said that our last move will be a bungalow. Another idea i had was living in a retirement village, has anyone had any experience of that? Thanks
Care Home and Savings
Hello, Can anyone be a bit more clued up on this give me some guidance. My aunt is currently self funding in a care home, she has sold her property and now has considerable savings in excess of £150k. Now she wants to give some to the nieces and nephews, not sure of the amounts but around £2k each as gifts. We've told her…
maximising our future potential
We are both 59yrs old, and have a house worth £120000, and my father has recently placed his £160000 house in trust to myself. We have an interest only mortgage at £36 per month with £8000 outstanding running till Feb 2015. We have a £10000 outstanding loan running till June 2016 at £280 per month. We are not now reducing…
When I get Older
I know its not really money saving but did anyone see the two programmes this week about the elderly on t.v. I wonder what you all thought about them.Money seemed to be the root of most of the problems and the lack of it for care.I know it was 'made-for -t.v.' but I found it strange that the lady with five children had an…
Funding a retirement home: the Deferred Payments scheme
My father (87 years old, blind and physically handicapped but mentally perfectly sharp) is no longer able to live alone, even with twice-a-day carers, and has decided to go into a retirement home. He owns his own bungalow (with no mortgage) which has a market value of some £170,000. He has savings of around £16,000 and no…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Martin Lewis: How to call your bank with just three digits – as 'anti-scam' phone number called over a million times
One million calls have been made to the '159' anti-scam phone number since its launch in 2021, new figures reveal today (Wednesday 30 April). MoneySavingExpert.com founder Martin Lewis – one of the well-known faces most used in scams – explains how to call your bank by dialling just these three numbers.
Revealed: Holland & Barrett's supposedly cheaper 'Subscribe & Save' often costs more – it's promised a review after our investigation
Holland & Barrett's 'Subscribe & Save' scheme claims to offer regular shoppers "the best value" – but it failed to do so in the majority of cases MoneySavingExpert.com checked over a five month period. The retailer has now promised to review the scheme after our research found it was often more expensive.
Don't get your passport by post – 360,000 paid more than needed last year
If your passport is due for renewal, apply online if you can – it'll save you £12.50. More than 7 million Brits did just that last year – but over 360,000 missed out on savings by using a paper form instead, MoneySavingExpert.com can reveal.
Sainsbury’s Bank customer? NatWest takes over this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from Thursday 1 May. For most, this means little will change for now as the Sainsbury's Bank brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, it's worth considering moving any excess elsewhere to ensure your cash remains protected.
Chase customer? Check if you can get its newly boosted 4.8% easy-access saver
If you've got a Chase account, check if you can boost your easy-access savings to 4.8% – made up of a 1.8% AER fixed six-month bonus plus its standard 3% variable rate. Chase says over 2 million customers can get the boost, which would top our normal savings tables if it were open to all, though it's beaten by the top easy-access cash ISAs.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from Thursday 1 May. For most, this means little will change for now as the Sainsbury's Bank brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, it's worth considering moving any excess elsewhere to ensure your cash remains protected.
Martin Lewis: Is the £20,000 cash ISA limit about to be killed off? What savers should be doing now
Plans to cut the £20,000 cash ISA limit later this year are being considered by the Government. In his latest video, MoneySavingExpert.com founder Martin Lewis explains what's likely to happen, what the changes would mean for savers and what you should be doing now.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from 1 May. For most, this means little change for now as the Sainsbury’s brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, you'll need to move any excess elsewhere to ensure your cash remains protected.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
From Thursday 1 May, Sainsbury's Bank credit cards, loans and savings accounts will be run by NatWest as part of a deal between the two banks. You'll be moved to NatWest in the future, likely towards the end of this year, but for now the Sainsbury's Bank brand will remain and you can continue to use its products and services as before.

View All

Over 50s MoneySaving

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Over 50s MoneySaving

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free