Living on Social Security alone is tough—but trying to make ends meet on just $600 a month feels nearly impossible. Unfortunately, this is a reality for many retirees.
While Social Security was designed to provide financial security in retirement, it often falls short—especially for those who didn’t have the chance to save enough during their working years. If you or someone you know is struggling with a low fixed income, the good news is that there are resources and strategies that can help.
Let’s explore what options are available to help low-income retirees get the support they need.
The Harsh Reality: Many Seniors Are Struggling
If you rely primarily on Social Security, you’re not alone. According to the Social Security Administration, 12% of men and 15% of women over 65 receive 90% or more of their retirement income from Social Security. A study by The Senior Citizens League found that 27% of retirees rely entirely on Social Security.
However, the numbers show just how challenging that can be.
- In 2025, the average Social Security check for retirees is $1,978 per month—already difficult to live on.
- For someone receiving just $600 per month, that adds up to only $7,200 per year—less than half of the $15,650 poverty threshold for a single person.
- Meanwhile, the average annual spending for Americans aged 65 to 74 was $65,149 in 2023.
Clearly, these numbers don’t add up. So what can retirees do when Social Security isn’t enough?
Financial Strategies for Low-Income Retirees
1. Apply for Supplemental Security Income (SSI)
SSI is a federal program designed for people over 65 with limited income and resources. It provides extra monthly payments to help cover basic living expenses.
- In 2024, the maximum monthly SSI benefit for an individual is $943.
- Eligibility depends on income and assets, but many low-income seniors qualify.
- You can apply at your local Social Security office or online at www.ssa.gov.
If you’re surviving on $600 a month, SSI could increase your income significantly.
2. Check if You Qualify for Medicaid
Health care costs can be overwhelming, especially for retirees with limited income. Medicaid can provide free or low-cost medical coverage for eligible seniors.
- Medicaid can cover costs that Medicare doesn’t, including dental, vision, and long-term care.
- Income limits vary by state, so check with your local Medicaid office to see if you qualify.
- Some seniors qualify for both Medicare and Medicaid, which can help reduce medical expenses even further.
If you’re struggling with healthcare costs, don’t assume you’re ineligible—check your state’s requirements.
3. Get Help Paying for Food
Food costs take up a huge portion of any budget, but there are programs that can help low-income retirees.
- Supplemental Nutrition Assistance Program (SNAP): This federal program provides monthly benefits to help buy groceries. Eligibility varies by state, but it’s worth applying if you need help affording food.
- Commodity Supplemental Food Program (CSFP): This program provides nutritious food packages to low-income seniors.
- Local Food Pantries and Charities: Many churches, non-profits, and community centers offer free food assistance to those in need.
If you’re struggling to put food on the table, these programs can lighten the financial burden significantly.
4. Find Assistance for Prescription Costs
Medications can eat up a large chunk of a fixed income, but there are ways to save money on prescriptions:
- Medicare Part D Extra Help: This program reduces prescription drug costs for low-income seniors.
- Patient Assistance Programs (PAPs): Many pharmaceutical companies offer free or discounted medications for those in financial need.
- State Drug Assistance Programs: Some states provide extra help for seniors who struggle with medication costs.
If you’re paying too much for prescriptions, ask your pharmacist about lower-cost alternatives or discount programs.
5. Reduce Housing Costs
Housing is often the biggest expense in retirement. If rent or mortgage payments are too high, consider:
- Moving in with family – Multigenerational living can save money on rent, utilities, and groceries. It also provides companionship and built-in caregivers.
- Looking into senior housing programs – The U.S. Department of Housing and Urban Development (HUD) offers programs like Section 202 to provide affordable senior housing.
- Applying for rental assistance – Programs like Section 8 offer subsidized rent for low-income individuals.
If your housing costs are too high to manage, downsizing or seeking assistance could make a big difference.
6. Find Ways to Earn Extra Income
Even in retirement, there are ways to bring in extra income without working full-time. Consider:
- Part-time remote work – Jobs like customer service, tutoring, or administrative work can be done from home.
- Gig work – If you have a car, delivering groceries or rideshare driving could bring in extra money.
- Freelancing – Websites like Fiverr and Upwork allow retirees to offer skills like writing, bookkeeping, or consulting.
- Selling unused items – If you have collectibles, old furniture, or clothes, selling them online can provide extra cash.
Even an extra $100–$200 per month can make a big difference.
7. Take Advantage of Utility Assistance Programs
If heating, electricity, or water bills are becoming unmanageable, there are programs that can help:
- Low-Income Home Energy Assistance Program (LIHEAP): Provides financial aid to help cover utility bills.
- Utility Company Discounts: Many companies offer reduced rates for low-income seniors—call your provider to ask about assistance programs.
Every little bit saved adds up when living on a tight budget.
Final Thoughts: You’re Not Alone—Help Is Available
Trying to survive on $600 a month is an overwhelming challenge—but you do have options. Whether it’s getting extra financial assistance, cutting expenses, or finding small ways to earn income, taking advantage of available resources can improve your situation.
If you or a loved one is struggling with finances in retirement, don’t hesitate to seek help. The sooner you explore programs and assistance, the more financial relief you can find.
You’ve worked hard your whole life—you deserve stability and peace of mind in retirement.
