If you are living off cash savings, have no other source(s) of income and don't have assets whose values will increase with inflation, you're screwed.
--then you need to climb out of bed and get a job that pays better than 'professional victim'. OK, so we all know that 'professional victim' may seem like a booming career field these days, but that line's never been something with any kind of future even when it becomes national policy. Especially when it becomes national policy.