- by C.C.
Social Security was never intended to fund a comfortable retirement all by itself, but it may be all some people have in their later years.
A recent analysis by SmartAsset identified 25 cities where retirees rely the most on their Social Security benefits.
The results show that in many major American cities, Social Security funds nearly half of a senior household’s retirement expenses — or more.
The analysis is based on U.S. Census Bureau data on the average retirement income and average Social Security income for senior households, defined as households in which the head of household is 65 or older.
SmartAsset examined this data for the 100 U.S. cities with the largest 65-and-older populations. Across those 100 cities, Social Security benefits make up 42 percent of retirement income, on average.
The 10 cities where Social Security benefits comprise the largest percentage of retirement income are: