Retiring On Social Security Alone
No doubt you’ve heard politicians and pundits debating the state of social security, and throwing out all kinds of numbers. But the bottom line for retirees has always been simple: Will I get enough to live on? Barbara Woodruff, of St. Louis, MO, answers “yes,” to that question, but just barely. “It’s very difficult living on social security,” says the 65-year old, who retired at 62. Having lost her job as a cashier as well as her apartment and car in the recession, and being unable to find another… she had little choice but to retire to have an income. Her total social security benefit : $633 a month…Read More
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