#retirement-finances

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California
fromThe Mercury News
1 day ago

Retirement in the Bay Area: Poll finds many seniors face bare-bones budgets, mounting debts

Many Bay Area older adults on fixed incomes face serious financial strain, making sacrifices to cover basic expenses amid high regional costs.
fromwww.mercurynews.com
1 day ago

Retirement in the Bay Area: Poll finds many seniors face bare-bones budgets, mounting debts

At 61, Alexander Remus has pared his life down to the essentials. He lives on a modest pension, avoids restaurants, and allows himself just one visit to a movie theater a month to stay sane. Even his prescriptions for a chronic health condition aren't guaranteed some months, he skips doses to stretch his budget. The sacrifices are painful, but he said they're the only way to keep up with the cost of living as a retired highway maintenance worker.
California
Real estate
fromSFGATE
3 days ago

You'll Struggle To Live Well in Vermont on Just Your Social Security, Even If Your Mortgage Is Paid Off

Retirees in Vermont relying solely on Social Security face an average annual shortfall of $8,088, driven largely by high housing-related costs consuming nearly 43% of benefits.
Real estate
fromSFGATE
3 days ago

You Can Live Well in Tennessee on Just Your Social Security, If You've Paid Off Your Mortgage

Retirees in Tennessee have a median Social Security surplus of $156 annually, about $13 monthly, only if their mortgage is paid off.
Business
fromBusiness Insider
1 month ago

Many of America's oldest workers are earning less than $20 an hour. Some take pay cuts just to get by.

Many Americans aged 80 and older continue working low-paying jobs to supplement limited retirement income despite relying on Social Security, pensions, and minimal savings.
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