#6 Consider relocating to make most of the security check
It’s not hard math: if you live in a place with a lower cost of living, then your Social Security check is both going to last you longer and also be able to cover more things. It’s easy to stretch it longer if you don’t live in an expensive location, so maybe you should truly give relocating a hard thought. The hard truth is that some states are more friendly for retirees on a budget than others.
Some places we suggest would be Reno, Nevada, or Tucson, Arizona. They do check off the low cost of living there but also benefit from having warmer weather, which might be good if you have certain health issues. Do some calculations, because maybe packing your bags is the best choice for you!
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