Trying to skate by on a single Social Security check is a challenge no matter where you live. The average retirement check as of July 2023 was $1,790.56 a month, according to the Social Security.
Retiring in the U.S. is an expense that many can't or fear they can't bear. On average, Americans will need 70%-80% of their pre-retirement income in order to comfortably afford retirement..
You likely didn't plan to be alone during retirement, but that doesn't mean you can't enjoy it. There are ways to live an enriching and fulfilling life both financially and otherwise even if.
Some deductions remain every year, but others change or disappear, and new ones crop up. Learn the most common tax deductions available for tax year 2019.
GOBankingRates found that 42% of adults have less than $10,000 saved. If you're in the same boat, learn which cities are the most affordable for retirees.