You can retire comfortably on $3,000 a month in retirement income by choosing to retire in a place with a cost of living that matches your financial resources. Housing cost is the key factor since it's both the largest component of retiree budgets and the household cost that varies most according to geography. Therefore, choosing […] The post Where Can I Retire on $3,000 a Month? appeared first on SmartReads by SmartAsset.
A retirement income of $2,500 a month will pay for a comfortable and secure lifestyle in many places in the United States. While there are pros and cons to living in any location, here are six cities where $2,500 can stretch to cover the monthly living expenses for many retirees and some information about what […] The post Where Can I Retire on $2,500 a Month? appeared first on SmartReads by SmartAsset.
Living on $2,000 per month is doable, but you won’t be able to live just anywhere. This is important because at the time of writing the average Social Security benefit paid is $1,701 per month. With a small retirement portfolio, you can relatively easily add a few hundred dollars to that amount, bringing your household […] The post Where Can I Retire on $2,000 a Month? appeared first on SmartReads by SmartAsset.