Quote:
Originally Posted by SallyR
Both my husband and I recently lost our pensions and are sick with worry. We can buy a house in the villages (a small patio villa perhaps) free and clear, but will only have social security to live on. We have to leave the cold north. I am having a nervous breakdown about this. Does anyone there live on just social security? Is it possible and if not, any suggestions for us? Thanks.
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The average ss payment is $1260 but the high end is around $1900 so don't know where you fall in. You can do it but need some savings money for buying golf cart, roofs, furnaces, depending the age of unit you are purchasing. Utilities, amenities, property taxes, house and car insurance all add up. Everyone is different but a house in the historic section with more money in the bank would do it for me.