Smart Shopping Habits for Retirees

Maximizing your membership requires more than just knowing what to buy; it requires knowing how to shop the warehouse effectively. Utilizing strategies recommended by organizations like AARP can further optimize your fixed income.

• Check the Unit Price: Always look at the price per ounce, per pill, or per sheet on the shelf tag. This is the only accurate way to compare Costco’s bulk pricing against the sales at your local grocery store.
• Share the Bounty: If a bulk package of fresh produce or bakery goods is too large for your household to consume before it spoils, coordinate your shopping trips with a neighbor or family member. Splitting the cost and the product ensures you get warehouse pricing without the food waste.
• Utilize the Pharmacy Without a Membership: In many states, laws mandate that pharmacies must be accessible to the general public. If you only want to access prescription medications, you may not even need to pay the annual membership fee.
• Invest in the Executive Membership: If your household spends more than $3,000 annually at Costco (including travel, tires, and eyeglasses), upgrading to the Executive level pays for itself through the 2% annual cash-back reward.

“Beware of little expenses; a small leak will sink a great ship.” — Benjamin Franklin