There are many low income seniors that might not have enough money saved up for retirement. This article provides advice that low income senior citizens can use to adapt to retirement. It is important for senior citizens to be aware of the Federal and State programs that exist to help them. Information is provided in this article about all the main programs that seniors should already know about as well as links to resources on many of the lesser known programs. The article also provides tips on practical ways senior citizens can save money while living on a shoestring budget. There are a host of programs out there that this article provides information on that senior citizens can use to assist with their living expenses.
See Tim Parker, Retirement Strategies for Low Income Seniors, Investopedia, November 10, 2015.
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.
