I’m no longer working after my company was sold and I’m pretty good at living only on my SS check. But, I have dipped into my savings a few times for 100.00 there, 50.00 there. Everything in my life is paid off and I don’t go out much or purchase anything so I’m OK. My retirement funds are getting a hit, though - I have to quit checking as often as I do because I just get pissed off. If I did have a major emergency and needed a lot of money, I’d just do a reverse mortgage and they can be be paid back when I die.
I never had a high-paying job during my working life, so my Social Security isn’t enough to support me. If it wasn’t for the retirement check I get from the State, I’d be
barely scraping by. I have to watch every penny, as my pitiful savings are nearly gone. Sigh.