17 Tips To Live Comfortably Off Just Social Security
Social Security was never meant to be a sole source of income in retirement, but it is for many. Gabrielle Olya of Yahoo Finance lists 17 tips on how to live comfortably on just Social Security monthly payments. Many suggestions have little to do with or go well beyond the program itself and deal with lifestyle changes. Some examples include delay taking benefits, move to a lower cost of living area, relocate to a tax friendly state, move to a retirement community, and many more. Full article here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.