3. Try to lower your housing costs
Housing costs are a big part of what it means to live on Social Security alone. Paying for the place you live can sometimes be the most expensive thing you will have to pay during your retirement.
We know that everybody wants to have a home of their own, but home ownership is an expensive dream. Not everyone can afford to have a house in the United States. And this is okay. You can live in a rented house, but this means more money that you need to spend.
Cities will always be more expensive than suburban and rural areas. So, what you can do is rent a home here near a bigger city. In this way, you will still have access to all of the facilities of a city, such as hospitals, and also pay less for housing.
If you plan to live on Social Security alone, you can also consider moving in with the family or finding a roommate. Downsizing is another option if you have a big house that costs a fortune to live in. If you must rent, search for a neighborhood that provides amenities like free transportation or pays for utilities.
