A recent article from the Daily Mail highlights just how hard it is to live on Social Security alone.
Granted, the chart at this article covers major cities with living costs higher than many areas. But this analysis highlights the stark reality many retirees face: in 50 major U.S. cities, Social Security benefits alone often fall short of covering basic living expenses.
The article reveals how rising costs of housing, healthcare, and everyday necessities strain fixed incomes, making it nearly impossible for many older Americans to rely solely on Social Security. This underscores the importance of financial planning and exploring supplemental income options to ensure stability in retirement.
Can you live on Social Security alone in your location? Share your thoughts. Also to help benefits go further in covering today’s living costs across all locations, sign our petition.
