Can you live off just Social Security? The answer to this question depends on your lifestyle.
Seniors living on Social Security must maintain a lifestyle that keeps their expenses in check. One of the biggest determinants of your average costs is the location where you live.
InvestmentNews lists the ten best states to retire on just Social Security. States like Arkansas, West Virginia, and Kentucky top the list, thanks to low rent, tax exemptions, and manageable healthcare costs.
Of course, everyone’s experience may be different depending on where they live in a given state. There’s also the matter of retiring alone, or with your spouse. For couples, this list by Yahoo details ten more locations that seniors report to be affordable, especially when they’re living on Social Security.
Help The Seniors Center Protect the Future of Social Security
The Seniors Center is committed to finding solutions to strengthen and protect the Social Security Trust Fund. Social Security is a contract between citizens and the government. Money deposited in the Trust Fund should only be used to pay benefits to eligible recipients.
The Seniors Center is demanding Congress finally put a stop to the careless borrowing and spending by greedy politicians that has put our Trust Fund and our secure retirement in jeopardy.
At The Seniors Center, our goal is to help seniors, and we’re doing that by protecting the future of Social Security. Retirees shouldn’t have to worry about losing their hard-earned benefits to taxes or the agendas of greedy politicians. If you agree, we invite you to sign our petition today! And follow The Seniors Center on Twitter and Facebook for more updates!