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20 tips to live comfortably off just a Social Security check

GOBankingRates Logo By Gabrielle Olya of GOBankingRates | Slide 1 of 21: Twenty-four percent of those aged 65 and over live in families that depend on Social Security benefits for 90 percent or more of their income, according to the AARP Public Policy Institute. With the average monthly benefit at $1,404, retirees who rely on Social Security to pay for all of their living expenses are on very tight budgets. Fortunately, there are measures you can take to make your benefits stretch, and there are plenty of discounts and perks seniors can take advantage of once they do retire, allowing them to live a rich life with limited funds.
Click through to find out ways to prepare for life on social security.

20 tips to live comfortably off just a Social Security check

Twenty-four percent of those aged 65 and over live in families that depend on Social Security benefits for 90 percent or more of their income, according to the AARP Public Policy Institute. With the average monthly benefit at $1,404, retirees who rely on Social Security to pay for all of their living expenses are on very tight budgets. Fortunately, there are measures you can take to make your benefits stretch, and there are plenty of discounts and perks seniors can take advantage of once they do retire, allowing them to live a rich life with limited funds.

Click through to find out ways to prepare for life on social security.

© itsskin / Getty Images

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