What Happens When Couples Don’t Retire at the Same Time?

More than half of American households do not retire at the same time. This often leads to spending volatility, especially at the beginning when you are trying to navigate living without that extra salary. According to a Yahoo! Finance article, outliving your money is a common concern among American retirees.

One of the best things you can do to prevent that from happening is to avoid overspending. However, adhering to a budget can be difficult, especially for retirees relying on Social Security benefits — which are grossly inadequate.

The Seniors Trust is committed to improving the financial well-being of America’s retirees through the passage of The Social Security Expansion Act. It will give retirees an immediate benefits increase of about $200 a month, a fair annual cost-of-living adjustment (COLA), increased minimum benefits, and will ensure the long-term solvency of the Social Security program.