Heres What Its Like to Retire on Almost Nothing but Social Security The Wall Street Journal
News Source : The Wall Street Journal
News Summary
- And almost no income aside from a monthly Social Security check.Roughly one in seven Social Security recipients ages 65 and older depend on their benefits for nearly all their income, according to an AARP analysis..
- Unable to maintain the lifestyle of their working years, they trim their already trim budgets, move into smaller homes, or rely on the kindness of relatives to get by.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved..
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- https://www.wsj.com/personal-finance/retirement-only-social-security-benefits-america-a3a706e0Listen to article(2 minutes)Many Americans reach retirement with almost no savings..
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Many Americans reach retirement with almost no savings. No 401(k). Few investments. And almost no income aside from a monthly Social Security check.Roughly one in seven Social Security recipients a [+369 chars]
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