Talk of The Villages Florida - View Single Post - Social Security Retirees Could Face $18,000 Cut
Thread: Social Security Retirees Could Face $18,000 Cut
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Old 07-31-2025, 05:57 PM
PilotAlan PilotAlan is offline
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Originally Posted by Bill14564 View Post
3. The average salary does not matter, the actual salary does. Working with the average salary will skew the compound interest from the earliest years.
Times have changed. In many states, minimum wage is somewhere near or north $20/hr. McDonalds pays over $20/hr in Colorado.
A college graduate with a decent degree (not Interpretive Dance Theory) starts well north of $50k.
It's not hard to make $50k nowadays.
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