6 Senior Benefits Unlock at Age 62 (Not 65) — Most Never Claim Them

Sixty two, not sixty five. Six things open on your sixty second birthday, and most people sit through three more years without touching them because sixty five is the number everybody repeats. Sixty five is a Medicare number. It became the retirement number in people's heads because Medicare is the loudest letter that ever arrives, and nothing in the system ever corrected it. This is education, not tax, legal or financial advice. Every one of these depends on your state, your county and your income. In this video: 00:00 Sixty two, and the one thing to do this afternoon 01:32 #1 Georgia stops taxing $35,000 of retirement income at 62 03:06 #2 In some Georgia counties the whole school tax comes off at 62 04:28 #3 The federal parks pass is $80 once, for life 05:29 #4 Federal senior housing opens at 62 — the waiting list is the reason to start now 06:43 #5 The reverse mortgage door opens at 62, and why to walk past it 08:05 #6 California lets you put off property tax from 62 — two Missouri counties freeze it 09:21 The shape under all six, and the limits 10:25 The six in order THINGS TO ASK ABOUT / OFFICIAL LINKS: • National Park Service entrance passes, the senior pass — https://www.nps.gov/planyourvisit/passes.htm • HUD Section 202 supportive housing for the elderly — https://www.hud.gov/hud-partners/multifamily-programs • Reverse mortgages, the consumer guide and required counselling — https://www.consumerfinance.gov/consumer-tools/reverse-mortgages/ • Georgia Department of Revenue, retirees — https://dor.georgia.gov/ • California Property Tax Postponement — https://www.sco.ca.gov/ardtax_prop_tax_postponement.html • Free legal and benefits help for people over 60, Eldercare Locator — https://eldercare.acl.gov If one of your parents is sixty two, sixty three or sixty four right now, do not send them this. Sit beside them with their tax bill and find the school line together. #SeniorBenefits #Age62 #PropertyTax #SeniorFinance #RetirementIncome