Capital & Main: Surviving on $1,800 a Month in Social Security, She Died Looking for a Place to Live

[snot]

35. I assume you don't think that's available in all places?

Certainly, it's not in my area (and I live in one of the supposedly more reasonably-priced urban areas).

Another aspect of the situation that I haven't seen talked about: inflation is decimating many seniors' retirement savings. Unless they stayed in stocks after the 2008 Crash – and after that debacle, many got out, moving their savings into safer but lower-return investment – or put unusually large sums into something even more exotic, like gold or BTC, most seniors have faced the same 20% real inflation rates in necessities such as food, housing, and health care that other generations face, but without benefitting from any increases in wages or more than meagre returns on their investments (the tiny CPI adjustments made to Social Security benefits come nowhere near covering the actual increased in costs for the things most seniors need most).