You Searched For "baby boomers Social Security benefits" 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
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
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
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
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
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
4 mins read
A retired baby boomer who still needs to work to get by thinks Social Security should be seen as a right in the US
Linda, 64, is retired. But that doesn't mean she's done working.
Juliana Kaplan
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
5 mins read
Baby boomers living on $1,000 a month in Social Security share their retirement experience: 'I never imagined being in this position.'
Retirees explain what it's like to live on Social Security checks and no savings.
Allie Kelly
5 mins read
A retired boomer who gets $1,662 in Social Security moved in with roommates to afford her medical bills: 'It's the only way I can afford to live comfortably'
Marion, 70, moved to Ohio to live with two roommates due to rising rent in Washington, helping her …
Noah Sheidlower
6 mins read
A boomer couple on Social Security moved to Guatemala because they couldn't afford to retire in the US. After 2 years, they moved back.
Robert Zimmerman and his wife moved to Guatemala to retire on Social Security income, though they o…
Noah Sheidlower
8 mins read
Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…
Juliana Kaplan,Noah Sheidlower
5 mins read
A peak boomer fears she can't retire with $2,000 Social Security payments — and may have to move in with her sons
Becky Davenport, 61, fears she may never retire and might need to move in with her children — a fea…
Noah Sheidlower
4 mins read
Meet a baby boomer who will never retire because she has terminal cancer and can't afford to live off $1,800 in monthly Social Security
Mary, 68, was planning on retiring no later than 2025. Now, she said she'll work until she dies.
Juliana Kaplan
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…
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
3 mins read
A boomer living on $1,680 Social Security and SNAP struggles to afford food: 'It has kept me very isolated.'
Rita, 68, lives in Pekin, Illinois on $1,680 a month in Social Security. Without savings, she strug…
Allie Kelly
4 mins read
Meet the Gen Xers and boomers retiring with 6 figures of student debt that threatens their Social Security and savings
Some Gen X and boomer student-loan borrowers are staring down a retirement crisis where their savin…
Ayelet Sheffey,Juliana Kaplan
4 mins read
A baby boomer says he collects enough in retirement benefits to live a good life in Germany but doesn't think his money would go as far in the US
Gary Hohenstein, 73, retired early and moved to Germany with his wife. He said his benefits go furt…