Getting By in Retirement

The majority of Americans nearing and entering retirement do not have adequate savings. Many come to rely on Social Security for their primary source of income and learn that it is not enough to sustain them in retirement. There are a few relatively simple ways to supplement your income in retirement. One common way is to supply in home care to elderly or disabled persons. Some of these people need help in or around their home that may not be provided by home nurses such as home maintenance or shopping or running other errands that they have difficulty or can’t do alone. Others pick up the art of “scrapping,” picking up furniture or appliances at yard sales or thrift stores to refinish and resell. For more information visit this article by Stephen Antczak with Forbes.

 

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

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