You Searched For "Social Security benefits for low income retirees" and got 20 results
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3 mins read
Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger
Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…
Allie Kelly
4 mins read
A Texas baby boomer who retired at 60 and moved to Mexico says housing, food, and a good life are cheaper, but gas is more expensive
Geary Bartmess III retired at age 60 in Puerto Vallarta, Mexico, after a career as a lawyer in Tex…
John Towfighi
3 mins read
A retiree says $1,620 monthly Social Security isn't enough to live on, but she's worried about draining her savings too early
Elizabeth McCoy, 61, is struggling with expenses in central Indiana. High medical bills might force…
Allie Kelly
5 mins read
Medicare coverage will change in 2025. Some boomers are already struggling to keep up with their medical bills.
The 2025 enrollment period for Medicare opened recently. Some older Americans' deductibles, prescri…
Allie Kelly,Juliana Kaplan
6 mins read
Meet the retirees driving for Uber and Lyft because Social Security isn't enough
Retirees are turning to Uber and Lyft driving to supplement their Social Security income, but some …
Noah Sheidlower
7 mins read
The Social Security curveballs making retirement even more confusing
Patrice Earnest, 66, is getting a $0 Social Security check. She's not alone.
Noah Sheidlower,Juliana Kaplan
3 mins read
A Trump presidency would drain Social Security's finances faster, budget group warns
A budget group warns that Trump's agenda is expected to hasten Social Security's insolvency by thre…
Grace Eliza Goodwin
1 min read
Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.
Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…
Filip De Mott
7 mins read
Social Security won't save you
Baby boomers who struggled to save for retirement say that relying on Social Security doesn't cut i…
Juliana Kaplan,Noah Sheidlowe…
3 mins read
The top countries US retirees are flocking to
More retirees are collecting Social Security from abroad. Many are flocking to places like Japan an…
Juliana Kaplan
2 mins read
10 cities where Social Security and retirement incomes are the highest
Arlington, Virginia ranked highest in retirement account and Social Security income, followed by Ca…
Noah Sheidlower
4 mins read
A boomer said he's struggling to survive on Social Security after retiring early to care full-time for his wife
Robert Papalia, 74, retired early to care for his ailing wife, Marie, and they're struggling financ…
Noah Sheidlower
6 mins read
The basic income myth: cash discourages work
Guaranteed basic income critics often argue cash discourages work. Experts and participants say tha…
Allie Kelly
3 mins read
A third of Americans plan to retire on Social Security alone, but it may not be enough to get by
A personal finance expert shares how Americans can maximize Social Security income and best save fo…
Allie Kelly
3 mins read
Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.
Former President Donald Trump said he wants to end Social Security taxes for older adults. It could…
Allie Kelly,Ayelet Sheffey
3 mins read
A boomer living on $2,400 a month is waiting 8 years to collect maximum Social Security benefits, even though she's struggling to get by
Diane Williams, 62, struggles to afford basic necessities with her $2,400 monthly paycheck. But she…
Allie Kelly
3 mins read
Welcome to 'peak boomer' era: A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat
While more older boomers tend to have a pension, a looming wave of younger retirees are about to st…
Juliana Kaplan,Ayelet Sheffey
5 mins read
Many boomers on Social Security live near poverty and don't tell anyone. It's adding to the loneliness crisis.
With limited money to maintain a social life, many baby boomers feel lonely and isolated.
Allie Kelly
3 mins read
A boomer lives on $1,768 monthly Social Security and says she's a few hundred dollars away from losing access to necessities
Michelle Russell, 70, lives on her monthly Social Security income but it isn't enough to pay her bi…
Allie Kelly
10 mins read
Boquete, Panama, was once a quiet town home to rainforests and coffee farms. Then came the retirees.
Boquete, Panama's weather and affordable cost of living make it an ideal paradise for boomers to re…