Everyone looks forward to retirement. It’s a chance to relax and enjoy your later years, and to spend more time with family and friends. However, retirement often comes with financial concerns and lots of retirees will find themselves in a situation where they’re struggling to keep up with their financial commitments, preventing them from being able to enjoy their retirement.
The rising cost of living has become a real concern to many retirees, especially those who don’t have private pensions and are relying on a basic state pension. Here at Give 360 Support, we believe that no retiree should find themselves consumed with financial worries. This is why we’ve created a really easy way for family members and friends to come together to financially support a loved one during their retirement.
Unfortunately, lots of people live in poverty when they retire and the amount they receive in their state pensions isn’t enough for them to live comfortably. Many have to stop participating in activities they enjoy and they’re unable to treat their family as they’d hoped to when they retire. Some will even struggle to pay their bills and keep their home in good condition, and they simply won’t have the money they need to get by without financial concerns.
It is likely that things are only going to get worse in the next year or two with the increased cost of inflation and the rising price of gas and electricity too. Not to mention, the needs that arise as a direct result of ageing can be really costly as well. So many retirees suffer in silence and they won’t ask for financial support as they don’t want to be perceived as a burden on their relatives.
There are many different ways you can help your loved ones when they retire and financially support them to help them meet all the expenses of their daily life. In addition to simple things such as; inviting them over for dinner a couple of times a week, offering to do their weekly grocery shop for them, paying for them to participate in hobbies and taking them on days out, setting up a Give 360 Support account will be incredibly beneficial.
This type of account is a really easy way for you to bring your family and friends together to provide your loved ones with the financial support they need without making them feel like a burden. Providing reliable and predictable support couldn’t be easier with our platform and all you need to do is set up an account and name your chosen retiree as the beneficiary. Once you have set the account up, you can add people to the support group and they will be able to donate money on a regular basis to help your loved one make ends meet and enjoy their retirement.
One of the best things about setting up a Give 360 Support account is that you won’t solely be responsible for financially supporting your retired loved ones. Being able to invite family members and friends to the support group will take some of the pressure off your shoulders and collectively you will be able to provide your loved ones with the support they need. A Give 360 Support account will help to ensure your loved ones are in a financially stable situation during their retirement and it can prevent you from having to worry so much about them.
If you have any questions about financially supporting your retired loved ones with a Give 360 Support account, then our team will gladly answer these for you. Our platform is designed to help anyone who is struggling financially and we pride ourselves on making it really straightforward for family members and friends to come together and provide predictable, sustainable and periodic donations to their loved ones during their retirements. Feel free to get in touch with us today or browse through our FAQ page to find out more.