1. Consider delaying retirement

Did you know that by delaying the age you start to receive Social Security benefits, you can increase your benefit amount? While today’s retirement age is 66, if you wait until age 70 or later to take Social Security, you could see a significant increase in your monthly payment. Check the Social Security fact sheet When to Start Receiving Retirement Benefits to learn more about this important decision.

2. Determine whether it makes sense to go back to work

Even if you’ve already stopped working and started getting Social Security, a part- or full-time job can help offset extra expenses. JobSource is a tool from NCOA that helps older adults assess their interests and skills, find training, and search for employment.

Mature workers aged 55+ with very limited or no income might also consider the Senior Community Service Employment Program (SCSEP). SCSEP provides training and part-time community service work that for most people leads to full-time jobs.

3. See if other programs can help with your expenses

Depending on your income, you might be eligible for help from public and private programs that can help pay for your health care, prescriptions, food, utilities, and more. Use NCOA’s free screening tool BenefitsCheckUp® to see if you may qualify for any of these programs.

source :- https://www.ncoa.org/economic-security/money-management/budgeting/5-tips-to-increase-income/