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Now 72, shes making adjustments to her financial strategy based on potential policy changes ahead.
Here are six things one retiree is doing after President-elect Donald Trumps win.
Also seefive ways Trumps first and second terms could be different for retirees.
Staying on Top of Social Securitys Future
Fernanda is watching Social Security like a hawk.
My advisor kept telling me to breathe, she said.
But when you live on a fixed income, you learn to plan ahead.
Starting a Side Business at 72
Fernanda didnt expect to be working in retirement.
But last month, she started offering online Spanish tutoring through her neighborhood Facebook group.
Its four hours a week and isnt a huge windfall, but you know what?
Its something, she explained.
Plus, I love it …
I even have a few friends who take the class!
My daughter thought I was crazy, she said, pointing to her dedicated high-yield savings account.
But with all the talk about program changes, I sleep better knowing I have extra savings.
Also, my daughter thinks Im crazy no matter what I do!
We share budgeting tips, clip coupons together and keep each other informed about policy changes, she said.
Making Healthcare Decisions Now
Instead of waiting, Fernanda scheduled several medical procedures shed been postponing.
I dont know what Medicare changes might come, she explained.
So Im taking care of everything I can while I know exactly what my coverage includes.
People ask if Im scared about the future, she said.
I tell them Im not scared Im prepared.
Theres a big difference.
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