While $1 million has long been considered a good retirement savings goal (although you probably actually need more), many Americans are falling short of this. A recent GOBankingRates survey found that 96% of Americans have less than $1 million saved for retirement, and more than half have less than $20,000 saved. That means that many Americans will be retiring on a strict budget.

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If you’re in this boat, there are still ways you can live well throughout your golden years. Check out GOBankingRates’ best advice for retiring on a budget.

Tips for Retiring on a Budget

Whether you have just a little bit saved for retirement or will be living off Social Security alone, here’s how you can make the most of the resources available to you:

• 17 Tips To Live Comfortably Off Just a Social Security Check

• Social Security: How To Make Your Check Stretch Further

• 5 Retirement Saving Tips for People Who Have $0 Saved

• 6 Budgeting Tips Every Retiree Needs To Know

• Top Financial Resources for Retirees

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Where To Retire on a Budget of $3,000 a Month or Less

Whether you want to retire in a big city or a small town, you can live comfortably in some places for $3,000 a month or less.

• 35 Best Cities To Retire on $3,000 per Month

• The Best Cities With Great Weather To Retire on $3,000 a Month

• The Best Cities in the Northeast To Retire on $3,000 a Month

• The 6 Best Beach Cities To Retire on $2,600 a Month

• 11 Best Cities To Retire on $2,500 a Month

• The Best Beach Cities To Retire on $2,500 a Month

• 5 Best Cities in the Northeast To Retire on $2,500 a Month

• 10 Best Florida Cities To Retire on $2,500 a Month

• 10 Best Small Towns To Retire on $2,300 a Month

• 10 Best Southeast Cities To Retire on a Budget of $2,300 a Month

• Best East Coast Cities To Retire on a Budget of $2,300 a Month

• 7 Best Southwest Cities To Retire on a Budget of $2,200 a Month

Where To Retire on a Budget of $2,000 a Month or Less

Although it’s more difficult to retire on a smaller budget, there are still places where you can cover living expenses for $2,000 a month or less. Here are some of your options:

• The Best Cities To Retire on $2,000 a Month

• The Best Cities With Great Weather To Retire on $2,000 a Month

• 3 Best Northeast Cities To Retire on a Budget of $2,000 a Month

• The Best Southern Cities To Retire on $2,000 a Month

• 10 Best Cities in the Midwest To Retire on $2,000 a Month

• 3 Best West Coast Cities To Retire on a Budget of $2,000 a Month

• Best Cities To Retire on a Budget of $1,500 a Month

• 5 Best Southern Cities To Retire on a Budget of $1,500 a Month

• 7 Best Midwest Cities To Retire on a Budget of $1,500 a Month

Where To Retire on Social Security Alone

If Social Security is your only source of retirement income, you should aim to live somewhere with low living costs. These are the best options for where to live on just a Social Security check:

• 15 Best States To Live on Just a Social Security Check

• 20 Best Places To Live on Only a Social Security Check

• 11 Big Cities Where You Can Live Off Just a Social Security Check

• 13 Best Places on the West Coast for Couples To Live on Only a Social Security Check

• 20 Best Places on the East Coast for a Couple To Live on Only a Social Security Check

• 6 Best Places in New England for a Couple to Live Only on Social Security

• 7 Best Southern Cities To Live on Just a Social Security Check

• 7 Best Places To Live on Just a Social Security Check in the Midwest

• 4 Best Places in California for a Couple To Live Only on Social Security

• 15 Best Places in Texas for a Couple to Live Only on Social Security

• 19 Best Places in Florida for a Couple To Live Only on Social Security

• 10 Best Countries To Live on Just a Social Security Check

More From GOBankingRates

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• 3 Things You Must Do When Your Savings Reach $50,000

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This article originally appeared on GOBankingRates.com: The Complete Guide To Retiring on $3K a Month, $2K a Month or on Social Security Alone