Are you intent on living on Social Security? These states aren’t suitable for this choice!
The average Social Security retirement benefit payout is $1,613.77 per month. That’s not enough to live on in most parts of the United States, but Social Security was never intended to be a retiree’s primary source of income.
However, for many retirees, Social Security only serves as a supplement to their income, as it does not cover the expenses of living in some states.
You want to be comfortable wherever you spend your golden years, no matter your plans.
Location is essential, and aspects such as the cost of living, access to health care, retirement savings, as well as the local lifestyle may make or break your decision regarding where to live.