I should imagine we are one of the few couples that rely on our Old Age Pension, and other pensions from England. These are what we live on, and therefore are sent here, to the states every month.
Since we have been here, over 30 years, the pound has been as high as $2.08 to the dollar, which was fantastic, back in 2,007. Of course I wasn’t getting a pension then.
Since Brexit the pound has been dropping all the time. Today is it continuing to go down, and the rate is now 1.2460.
We were living on around 1.50 – 1.65 rates for so many years, that we now have considerably less per month, for our livelihood.
I am pleased that I have been a saver all my life, because how many people living in America could take this huge cut in their social security/pension.