Have you heard of SAGECents?
SAGECents is an online platform designed for older LGBTQ+ people. Its goal is to help them improve their financial situation and reduce money-related worries.
When you sign up for a free account, you can immediately use SAGECents to access helpful tools and resources tailored for LGBTQ+ elders. These resources will assist you in making important financial choices that align with your life. For instance, you’ll find information about Medicare benefits, guidance on creating a health proxy and a living will, and tips for improving your credit score. Additionally, SAGECents users get one free session with a financial counselor who holds the Association for Financial Counseling and Planning Education designation.
Why is this important?
50% of single, LGBTQ+ elders believed that they will have to work well beyond retirement age, compared to 27% of single, non-LGBTQ+ elders. On top of this, 51% of LGBTQ+ elders are very or extremely concerned about simply having enough money to live on, compared to 36% of their non-LGBTQ+ peers.
If you relate to this, give it a try, and if you know someone who would benefit from it, introduce them to give it a try.
