A boomer living on $2,400 a month is waiting 8 years to collect maximum Social Security benefits, even though she's struggling to get by

Fri, 07/19/2024 - 10:19

Tech Insider

Economy

Economy

• Diane Williams, 62, lives paycheck to paycheck. 
• She works full-time, has no savings, and is delaying Social Security for higher benefits.
• Millions of older Americans don't have the savings or assets to support themselves in retirement.

Sometimes, Diane Williams will buy a scratch-off lottery ticket in the hope she will win. She doubts it, but it's worth a try.

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economy, finance, economy, finance, Retirement, social-security, 401k-account, Savings, Boomers, income-inequality, alice, Housing, Groceries, Healthcare

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A boomer living on $2,400 a month is waiting 8 years to collect maximum Social …