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Is it possible, yes. But it’s not going to be luxurious living
Just live within your means. East rice and beans if you have to.
I’m going to go with “no.” There’s a single rainy day hit that can’t be replenished. Recipe for disaster
Define “possible”.
If I were in that situation, I’d move to a cheap country and spend retirement there. You could live really well on that in a place like Cambodia, for instance.
Coach
Yes my grandmother has no savings no house and 13k annual SSI. She is 93 and healthy but she lives with my uncle and has zero autonomy. She never had friends and my grandpa died 9 years ago. She is quite religious and that really gives her strength.
She actually saves money by the way. She only buys minimal food ~$100-$150 a month and has a 86 Honda Accord. Has 27k just sitting in her checking.