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Living on a Fixed Income. Heather Greenwood Virginia Cooperative Extension Fauquier County. Fixed Income and Retirement. What are the challenges of retirement fixed income living? How are these challenges unique from other populations?
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Living on a Fixed Income Heather Greenwood Virginia Cooperative Extension Fauquier County
Fixed Income and Retirement • What are the challenges of retirement fixed income living? • How are these challenges unique from other populations? • In what areas do you spend a large percentage of your income? • In what areas are you thrifty? • In what areas would you like more information?
Internet Resources • Cooperative Extension • VA Cooperative Extension - www.ext.vt.edu • General database - www.e-answersonline.org • Benefits Check Up (link to local organizations and agencies, confidential) • www.BenefitsCheckUp.org • Thrifty Living sites • FirstGov for Seniors • www.seniors.gov
Non-Internet Resources • Office of the Attorney General • Rosemary C. ForemanCommunity/Outreach CoordinatorNorthern VA Office (Fairfax) • Senior Resource Manual • 703-277-3540 • www.oag.state.va.us • Prescription drug discounts
Non-Internet Resources (cont) • Rappahannock-Rapidan Community Services Board • Culpeper, (540) 825-3100 • Information and Referral Offices • Annandale - (703) 642-0700 • Charlottesville - (804) 972-1703 or (800) 227-2053 - • Legal Aid • Culpeper - (540) 825-3131
Reducing Money Gobblers • Food gobblers • convenience foods, fast food restaurants, lunches eaten out, soda/bottled water • Utility gobblers • excessive heating/cooling, lights left on • Personal care gobblers • regular manicures, expensive hair cuts/styles
Money Gobblers • Fee gobblers • bank / credit card fees, bounced checks, late fees, interest rates • Entertainment gobblers • snacks at the movies, late video returns, home parties • What are your money gobblers?
Questions /Comments?