A boomer couple who have pensions after working their whole lives said they're just scraping by after retiring: 'I can't imagine getting by on Social Security alone'

Tech Insider : Economy
Boomer couple sitting at kitchen table.
Nina and James (not pictured) are struggling financially despite retiring early in 2012.

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A third of Americans plan to retire on Social Security alone, but it may not be enough to get by

Tech Insider : Economy, Economy
Retired couple standing on a cruise ship.
About a third of Americans plan to rely on Social Security income during retirement.

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A Texas boomer couple who retired to an expat hot spot in Ecuador explains how it helps them save money

Tech Insider : Economy, Economy, Travel
Karl and Brenda smiling on a mountain
Karl and Brenda love to travel in retirement.

Courtesy of Karl and Brenda

An Australian boomer retired in Thailand on an $18,000 annual pension. He saves almost half his income and can still travel the world.

Tech Insider : Economy, Economy, Travel
Older man pulling a suitcase
John Walker, 73, (not pictured) moved to Thailand from Australia. He retired and is living on his $18,000 annual pension.

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Millennial and Gen Z retirements might actually be OK while boomers and Gen X could struggle. It's due to how savings have changed over time.

Tech Insider : Economy, Economy
A person is sitting at a table, which has stuff on it, and looking to the side.
Gen X and boomers are at greater risk of facing retirement shortfalls than younger generations, a new report said.

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A peak boomer fears she can't retire with $2,000 Social Security payments — and may have to move in with her sons

Tech Insider : Economy
Becky Davenport
Becky Davenport has worked her whole life but fears she may never retire.

Becky Davenport

A boomer lives on $1,601 monthly from Social Security and struggles to pay bills. She plans to wait a few more years until she touches her 401(k).

Tech Insider : Economy, Economy
A teacher handing out papers to elementary-age students
Maureen, 67, (not pictured) is a former elementary school teacher living on $1,600 a month in Social Security benefits.

Drazen Zigic / Getty Images

A boomer lives on $1,800 monthly in Social Security and worries about her future: 'What am I going to do?'

Tech Insider : Economy, Economy
An older woman sits on the edge of a creek with her dog.
Ann Miller, 78, (not pictured) lives in a small town in Washington with her dog. She struggles to get by on her Social Security income.

SolStock / Getty Images

9 countries where people can retire in comfort by 62

Tech Insider : Economy, Economy, Travel
A stock photo of two people sitting on a bench and looking out onto the water.
Retirement ages vary worldwide. In countries like Greece, Luxembourg, and South Korea, the normal retirement age is 62.

bluecinema/Getty Images

A boomer living on $1,680 Social Security and SNAP struggles to afford food: 'It has kept me very isolated.'

Tech Insider : Economy, Economy, Politics
An older woman standing in the produce aisle of a grocery store.
Rita, 68, (not pictured) lives check to check on Social Security in Illinois.

JAG IMAGES / Getty Images

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