Quote:
Originally Posted by Guzzel
Did anyone read the Letter to the Editor piece in the Village Nws titled, "You must have more than Social Security income to afford The Villages’ lifestyle".
The author states, "You cannot afford The Villages without having Social Security, investments and pensions or a combination."
Obviously everyone's financial situation is different and SS payments can vary greatly, but wanted to get other perspectives.
Guzzel
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Unless you inherited house with low taxes IMO no. Somebody on low income with no saving would be hard to come up with 3K taxes yearly average, plus homeowners insurance. Including vehicle even more expenses. Then, got to $230 plus monthly amenities/utilities and unforeseen costs like roof, water heater, A/C. IMO you would have have retirement income of 50,000 plus.