Latest News

8 Tips for Retiring Comfortably on Social Security Alone

Experts try to remind the public often that Social Security replaces just 40% of pre-retirement income.  In other words, not only can you not live on it, but it was never designed for that purpose either.  It’s but one pillar in an overall retirement strategy that requires investment income, pension, and/or savings.  But Marilyn Lewis of has eight great tips for those want to make a go at or perhaps must live only on Social Security.  They are: 1. Eliminate debt before you retire; 2. Cut out-of-pocket medical costs; 3. Emancipate your adult kids; 4. Hold off claiming Social Security as long as possible; 5. Look into living where housing is cheaper; 6. Sell one car; 7. Don’t spend a dime for entertainment; 8. Get fit for free.  Full piece here.




Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or


What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers