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How to Live Well on a Fixed Income: Essential Tips for Seniors
Living on a fixed income doesn't mean you have to sacrifice your quality of life. With strategic planning and mindful spending, you can still enjoy your retirement years comfortably. Here are some tips to help you manage your finances: 1. Get a New Insurance Plan: Your mind and body change as you age, meaning more doctor’s visits, check-ups, and prescriptions, but this also means an increase in health care expenses. To help you save some money in the long run, now might be the time to reconsider your healthcare coverage by speaking with a healthcare advisor or getting a quote online. You can also look into Medicare Advantage plans, which…