When it comes to Social Security payments, most people recognize them as supplementary to retirement income.
Some people use side hustling, savings, and other sources of income to pad their retirement years. However, many people wonder whether they could live entirely off their Social Security benefits.
In short, the answer is yes. This article from Gabrielle Olya of Yahoo Finance provides some helpful benefits for retirees and future retirees on how to take their benefits further. A few of the ideas include:
- Pay off debt before retirement
- Move to a state with no Social Security taxes
- Utilize senior discounts
- Shop smart
- Try out free offers
These are some of the best ways you can make your benefit go further. NORA will keep fighting to make sure you have a larger benefit to spend on whatever you need — follow us on Facebook and Twitter for more content.
