20 Tips to Live Comfortably off Just a Social Security Check

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Get a Roommate

Splitting living expenses with a roommate or housemate is a great way to make your dollars stretch further, plus it can prevent the loneliness that often comes with being a retiree.

A SmartAsset study found that in some major cities, renters who split a two-bedroom with a roommate save more than $800 a month over those who rent a one-bedroom on their own.

Even if you are not renting, having a roommate can lower the amount you spend on utilities, internet, cable and energy.