Living off $2,400 a month, a 71-year-old widow tries to get by despite rising prices
This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans.
This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans.
Retirement hasn’t been what Lucy Haverfield envisioned.
“I thought my 60s were going to be my golden years. I would watch commercials, and all I saw were people on trips to Cancún or golfing or sitting by the pool. I couldn’t wait,” said Haverfield, 71, of rural Alva, Florida.
“My 60s were nothing like that — nothing,” she said. “Not even remotely like that.”
Primary source of income: Widowed and with her retirement savings drained, Haverfield lives on $2,400 a month in Social Security benefits, totaling $28,800 a year. She said it isn’t enough to afford fresh fruits and vegetables, let alone a meal at a restaurant or a vacation.
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