My parents are in their early 60s with no savings, a mortgage, and $2,400 in Social Security

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My parents are in their early 60s with no savings, a mortgage, and $2,400 in Social Security – where can they afford to live?

247wallst.com/personal-finance/2025/05/30/my-parents-are-in-their-early-60s-with-no-savings-a-mortgage-and-2400-in-social-security-where-can-they-afford-to-live

Key Points

A Reddit poster’s parents are struggling to live on $2,200 per month.

They have equity in their home and probably need to sell.

Continuing to work for a while, ideally at a better job, could make a big difference in their retirement security.

Are you…

This story appeared on 247wallst.com, 2025-05-30 17:00:11.