How Retirees Get By on Almost Nothing But Social Security

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 12 January 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Some Americans ages 65 and older rely on their Social Security benefits for nearly all of their income. WSJ’s Anne Tergesen joins host J.R. Whalen to discuss how they make it work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:25.9	Here's your money briefing for Friday January 12th. I'm J.R. Whelan for the Wall Street Journal.
0:34.6	Imagine retiring with no 401k and just your monthly Social Security check.
0:42.3	That's how many retired Americans and just your monthly Social Security check.
0:43.0	That's how many retired Americans are managing to get by.
0:46.0	A lot of these people were not paid a huge amount before they retired.
0:52.0	They were already living on pretty tight budgets and they just have found ways to
0:56.9	live on less money. We'll talk to Wall Street Journal Retirement
1:00.0	reporter Ann Turgison about how they do it after the break. This episode is brought to you by Krakin.
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	...

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