#7 Consider a retirement community
If relocating doesn’t sound bad to you already and you’re willing to do it, then why not look into moving to a retirement community? Not only will it be cheaper than having to hunt down a new house to purchase or rent out, but you will even get a pretty big discount due to the house being open to seniors only. This means a better deal in a better neighborhood than normal.
What’s more, you will be surrounded by people of your age, which will make the socializing way easier than it would be in a suburban neighborhood somewhere else. The only drawback is to make sure you’re taking into consideration what you can get with a social security check: those luxurious retirement communities may be out of reach due to being really expensive.
Impossible in NYC
Here in NYC that is impossible YOU’RE DREAMING!!! Rent alone is $2500-,and I just put 175 gallons of fuel oil in my oil burner tank @$925- Dream again!!!
I paid in close to the limit of social security for much of my life. Yes I took social security at 62 but my checks are less than $900 a month as it would not make my house payment. Thank goodness my retirement income is far in excess of that. I can’t imagine living on that alone.
My insurance is to high for my home it takes almost half of my social security check.
If you’re use to working and get are social security checks once month it’s hard it not nearly enough to live off but some i make it work I’ve been living on disability for little over 20 years some I make it work you have to remember you buy everything you need for the month i mean everything from food to toilet paper one supply it’s like put a puzzle together with God’s help I survive and retirement and ssdi all that the same thing I wish with this next raise we getting next year be enough where I won’t have to scratch my hair out because I don’t have enough money to survive Lord God help us to live comfortable in our golden years I pray it works out