"[N]either income at the federal poverty level nor the average social security benefit provides enough income to cover basic living expenses.... The average Social Security benefit for a retired worker was $14,105 in 2011. The estimated average benefit for a couple was $22,895.... The national Elder Index shows that single individuals need $19,104 to $28,860 annually, depending on whether they live in an owned, rented, or mortgaged home. Couples need between $29,448 and $39,204 to meet expenses."  MORE >>