Baby Boomer Lifeboat   

      Tips for Comfortably Retiring on a Limited Income

 Baby Boomer retirement is still possible, even on a fixed income - explore the alternatives! Let us show you how even Baby Boomers on a limited or fixed income can retire!

 

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Click here to go to Baby Boomer Lifeboat Home page. Use menu below to learn about alternatives available to Baby Boomers seeking to retire on a limited or fixed income.


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How Baby Boomers can Cut Food Costs

Tips to Reduce Food Expenses

for Baby Boomers on a Fixed Income

Rising energy costs have also resulted in higher food prices.  For Baby Boomers on a fixed income, this can be especially trying.  But don't start looking at cat-food recipes yet.  There are simple ways to cut your food bills without starving:

  • Make a grocery list and stick to it.  Avoid impulse buying.

  • Shop around and really do use advertised grocery store coupons!

  • Buy produce that is in season - it's cheaper!

  • Buy lower-priced store brands instead of name brands.

  • Learn to cook using less expensive basic ingredients.

  • Avoid waste - Don't prepare food you already know that your spouse or family doesn't like to eat.  Maintain meal appeal through variety.

  • If possible, buy in bulk at places like Costco.baby Boomers can food bills without starving!

  • Start a garden to grow some of your own produce.

  • Buy (or share) a deep freezer to take advantages of store specials on meat and other perishables.

  • Save and consume leftovers.

  • Use coupons and senior discounts when you eat out.  Take advantage of "early bird" specials.

  • More tips.

  Join our Monthly Fruit Club from TheFruitCompany.c

Food Stamps

If your income falls below a certain level, you may be eligible to receive food stamps from your local, state or Federal government.  Eligibility is determined by both gross and net income criteria.  Although state-run programs are more lenient in most cases, the United States Department of Agriculture Food Stamp Program may also be an  answer for Baby Boomers on limited incomes.

Recommended Websites

  • TheSimpleDollar.com - Full of tips for cutting household expenses and simple ways to manage your budget.

  • HillBillyHouseWife.com - Focuses is on low-cost, home-cooking from scratch and reducing your grocery bill.

  • MayasMom.com - Online discussion group focused on the preparation of low-cost meals.

  • GettingFoodStamps.org - Find out if you qualify and how to get food stamps in your local area.

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