Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

13 Financial Aftermaths That Will Affect Seniors’ Budget

May 12, 2020 · Personal finance

8. Unemployment benefits are more robust than usual

It’s very likely that your unemployment benefits might not make up for your lost paycheck. You, along with thousands of Americans might need to budget like never before, not to mention dipping into emergency savings.

Luckily, however, the CARE Act has been extended by 13 weeks, with an added bonus of $600 per week.

Help your savings and budgeting plans by taking these new numbers into account. Even if your way of living is severely affected, that $600 dollars could help you maintain normalcy in your household, so try to hold off on Social Security, even if it means aggressing budgeting.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14
« 1 ... 8 9 10 ... 14»

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • 6 Important Changes to Social Security Benefits in 2026
  • How To Pay Your Taxes With Your Credit Card in 2022
  • 8 Ways To Avoid Retirement Poverty
  • 13 States Where Your Freedom Is Respected
  • 18 Places Where Social Security Is More Than Enough
  • 7 Ways To Budget Your Groceries in Retirement
  • 14 Retirement Cities With Awful Weather
  • 11 States With the Best/Worst Social Security Checks in 2022
  • 10 Best Senior Discounts for 2022
  • 12 States That Tax Social Security Benefits

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

14 Things To Sell When You’re Ready To Retire

Old Computers – If you still have your first Macintosh, there are pretty high chances it’s…

Read More →

Top 10 Retirement Planning Apps You Need To Download Today

Fidelity Retirement Score The online brokerage Fidelity Investments site has an online app that you…

Read More →

7 Important Changes to Social Security in 2022

The $17,166 Social Security bonus most retirees completely overlook If you’re anything like other Americans,…

Read More →

10 Effortless Ways to Make Extra Money for Retirement

Pay Off a Credit Card or Other Debt Surprisingly, paying off a credit card can…

Read More →

How 8 Types of Retirement Income Get Taxed

Municipal Bonds You can think of municipal bonds as loans from investors to local governments.…

Read More →

7 Best Funds To Invest In For Retirement

By investing in something for your retirement years, you basically make sure you’ll have anything…

Read More →

13 Behaviors of Early Retired Millionaires That Made Them Rich

8. They value happiness as living a life they love One of the most important…

Read More →

8 Most Tax-Friendly States To Retire in 2022

Colorado – Retirees in Colorado are as carefree as it gets. The state’s median property tax…

Read More →

9 Retirement Statistics That Will Help You Prepare Your Nest Egg!

8. Most people have no back-up plan if retirement arrives early Things rarely go according…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

  • Home
  • About Us
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
  • Contact

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.