9 things retirees should never keep in their wallets

Multiple Credit Cards

Although you shouldn’t ditch credit cards altogether (those who regularly carry a card tend to have higher credit scores than those who don’t), consider a lighter load. After all, the more cards you carry, the more you’ll have to cancel if your wallet is lost or stolen. We recommend carrying a single card for unplanned purchases or emergencies, plus perhaps an additional rewards card on days when you expect to buy eligible gas or groceries.

Maintain a list, someplace other than your wallet, with all the contact numbers for your credit cards. The phone numbers are typically listed on the backs of cards, but that won’t do you much good when your wallet is nowhere to be found. Call immediately if your cards go missing.