13 Hidden Discounts for Retirees That Can Slash Your Monthly Bills

Senior discounts are a way for businesses to recognize your years of hard work and contributions to society. While you may gladly accept those discounts at movie theaters and chain restaurants, there are even more opportunities for savings. Incredibly enough, this includes some of your recurring monthly bills.

That means if you're a retiree on a fixed income, you have the opportunity to slash your monthly expenses, so you can keep more cash in your wallet for activities, interests, or hobbies in your golden years. From utilities to taxes (yes, even taxes), here are 13 bills retirees should never pay full price for.

It's a well-kept secret that many utility companies offer senior discounts. Although they may not advertise these opportunities, a simple phone call to your electric, gas, and water providers could result in noticeable monthly savings.

If your utility providers don't specifically offer discounts, programs such as the Low Income Home Energy Assistance Program (LIHEAP) assist specific groups, including retirees.

Don't assume your long-term loyalty to an insurance provider has earned you the best deal. As you age and your driving habits change (fewer miles, less commuting), you likely qualify for lower premiums. Ask your agent if you're eligible for discounts for senior drivers.

In addition, some states mandate insurance discounts for seniors who complete a defensive driving course or other programs.

Property taxes are often a significant burden for retirees, especially if you recently paid off a mortgage that paid tax and insurance bills from an escrow account.

Several states offer property tax exemptions or "senior freeze" programs that can help lock in your home's assessed value. Contact your local tax assessor's office to determine the available programs in your area.

Several cell phone carriers offer special discounted plans for seniors. However, these companies are known for offering savings only when their customers (of any age) ask about it.

So, don't be shy. Contact your provider and see what they can offer, as they likely have significant flexibility in pricing.

Even if you have adequate health insurance, the high cost of prescription medications can still eat into a retiree's monthly budget.

However, prescription discount cards offer significant savings. Enroll in one of these programs online, or ask the staff at your pharmacy about them.

While many internet providers don't offer specific "senior" discounts, they often have low-income programs that many retirees qualify for.

One such example is the FCC's Lifeline program, which can provide a nice monthly discount on your internet bill.

Your age can be a major asset when it comes to travel, as most airlines, hotels, and rental car companies offer senior discounts. Don't forget to ask about these deals when booking your next trip, but don't stop there.

Memberships with AARP and other organizations focused on retirees can help further reduce travel costs.

Many grocery stores offer a "Senior Discount Day" where older adults can save a certain percentage on their purchases.

These sales often take place on a specific day of the week, so be sure to ask your local store about their policy.

Similar to car insurance, you can often find discounts on your homeowners' insurance as a retiree. Part of the reason for this is that insurers view being home more often as a way to reduce overall risk.

Bundling your home, life, and auto policies can lead to even more savings.

From movie theaters to museums, many entertainment venues offer discounted admission for seniors.

Before purchasing your tickets, ask if the venue offers discounts and if the savings also apply to concessions.

If you're 62 or older, you can obtain a lifetime pass to all U.S. National Parks for just $80 (plus a $10 processing fee).

If you're able to explore the country's natural wonders on just a few trips, the lifetime pass will have paid for itself.

Some banks offer special checking and savings accounts for seniors with no monthly fees and other perks.

If your bank is charging you a monthly maintenance fee, consider switching to a free account.

A wide range of colleges and universities offer free or discounted tuition for seniors who want to expand their horizons.

If you've always wanted to learn a new language, study history, or take a creative writing class, now is your chance to do it without breaking the bank.

Retirement should be a time to enjoy yourself, not to be stressed about money. Unfortunately, more than a third of Americans aged 55 to 64 struggle to keep up with their bills.

Fortunately, the concept of the senior discount often extends to those recurring expenses, which can help lower your financial stress. But these perks are frequently unadvertised. Don't be afraid to ask for a discount. The worst they can say is no, and the best they can say is yes, helping you save money.