Seven Most Affordable States for Struggling Seniors
Where you live impacts how much you spend. Many retirees living on a fixed income are finding themselves being priced out of states with a higher cost of living. GO Banking Rates looked at variables such as the cost of groceries, healthcare, and homeownership to come up with a list of the seven most affordable states for struggling seniors.
If you want to stretch your Social Security retirement benefits check the most, you might want to consider moving to Utah, Mississippi, Arkansas, Kentucky, Iowa, West Virginia, or Oklahoma.
The Seniors Trust is committed to improving the financial well-being 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), increased minimum benefits, and will ensure the long-term solvency of the Social Security program.