For many seniors, retirement brings a fixed income, but rising housing costs don’t always get the memo. Whether it’s property taxes, rent increases, insurance, or maintenance, housing can quietly consume more of your monthly budget than you realize. That’s where the 30% rule housing affordability guideline becomes incredibly important.
This long-standing benchmark helps retirees avoid becoming “house poor” and ensures they still have money for essentials like healthcare, groceries, and transportation. If you’re living on Social Security or a limited income, here’s what you need to know about this rule, and what it could do for you.
