Talk of The Villages Florida - View Single Post - How is "income" defined ?
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Old 08-27-2010, 08:40 AM
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Not to dissuade anyone from answering the question but who cares about what is reported as the average TV income.

All any of us really care about is: Can I make MY retirement work? There are homes in TV from 100K to over 1M. There is something for everyone. And you know what? They all live the same basic TV lifestyle. So I wouldn't worry too much about your concern. It seems like you have a good handle on what your income will be and where it will come from. From there make a budget and see what that income will support.

My guess would be that since 401 interest is not reportable to the IRS then it would not be included in any average income calculation.

Just my 2C.