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Helpful Hints for the Millions of Seniors Living on a Fixed Income

senior couple grocery shopping
Photo by Kampus Production from Pexels

For many, learning to live off a fixed income is the scariest part of retiring. Fortunately, Finance Buzz has put together a list of things you can to do help you get by if all you have is your monthly Social Security checks.

While they came up with 15 tips for living a fulfilling life on a fixed income, we’ve picked out the ones that really will make a positive impact. They are to create a budget, track your spending, lower expenses, prioritize your health, and consider a side hustle or part-time job if you want to supplement your retirement income.

The Seniors Trust is committed to improving the lives of America’s retirees through 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), and increased minimum benefits. This bill will also ensure the long-term solvency of the Social Security program.