‘I want to live in a place that I can enjoy’: I’m 69, single and get $3,000 in Social Security. Can I afford $2,000 rent?

1. A 69-year-old woman has $1 million and seeks new rental options. 2. Spending two-thirds of income on rent is considered excessive. 3. A balanced investment approach helps create financial stability in retirement. 4. Rising living costs necessitate higher save amounts for retirement. 5. Inflation and lifespan increases impact retirement financial planning.