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15 Things You Can Afford on the Average Social Security Check

When you’re drafting your budget for retirement, it’s always useful to know what you can pay and how much you can stretch your Social Security check. The average Social Security benefit in…

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More than 4 months of groceries

Most people aged 65 and older spend around $267 on groceries every month. If you have the same grocery habits as an average senior, your monthly check could provide you approximately 4.7 months’ worth of food.

 

Rent and utilities for 6 months in Kathmandu, Nepal

If you catch the travel bug in your golden years, you could take advantage of your Social Security check and cover rent and utilities in a foreign country. For example, in Kathmandu, Nepal, for a monthly cost of $205.79 you could pay a little over six months’ worth of rent and utilities.

Playa del Carmen, Mexico; Marrakech, Morocco; Bangkok and Istanbul are also among the exotic destinations where the monthly rent and utilities don’t exceed $350.

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