Retirement Income
 

What percentage do you think in the TV with incomes over $100,000.00? Have been wondering about this for sometime, I don't have an idea. What are your opinions or guesstimates?

I would guess about 5 percent. That's one of the things we love about the Villages, income doesn't matter.

Very few percentage wise. We all just live the lifestyle that used to be only available to well off folks.

current incomes or before they moved to the Villages?

I would say very few, but with kind of income, you would be living like a king. Here King, here King. :jester:

Seriously - One of the beautful things about TV is that you can live like a millionaire with a reasonable income.

One of the beautiful things about TV is no one knows and no one cares.

I would guess the income range is very wide. Probably from 25K up to 300K plus. I would also guess the percent above 100K to be closer to 20%. I base that on a couple with both collecting SS plus each a pension plus the amount of travel I see folks do. They could have over 50K in just SS and two small pensions take it over 100K.

But the good news is no one cares.

5 k
 

I think, without mortgage, 5K per month allows you to enjoy TV lifestyle to the fullest and all the excesses. You can live on less or more depending on your taste . Eating out a bunch or extensive travel would adjust this.

Those that have been here longer can support this if they agree.

Average Income Per Household

Doesn't answer your question, but some interesting income information about The Villages.

The Villages, FL Household Income Statistics - CLRSearch

I think this does answer your question.

Whew! Glad to see this! When OP brought up $100,000 I thought I might be in the wrong place!:22yikes:

I'll be the guy standing in SS squares with the tin cup. :jester:

WOW! That is a great set of statistics.

Thanks for providing that. :coolsmiley:

Looks like I will be working from home for a while with those stats.

Looks like 24.3% have over $99,999
 

These are I assume before tax numbers.

Income $100,000 to $124,999__ 1,146___ 12.18%
Income $125,000 to $149,999___ 515___ 5.48%
Income $150,000 to $199,999___ 315___ 3.35%
Income $200,000 and Over______ 313___ 3.33%

But largest number is
Income $50,000 to $74,999____ 2,840___ 30.19%
Which suprised me as I had the impression that over 100 was the norm and was concerned we would be the poor mice.

Thanks--Great site put in my own zip to compare very interesting, here we are the poor mice.

Remember to compare after tax income (take home) with projected after tax income in retirement. You won't have that big 401K deduction or SDI and some of your retirement income may currently gets preferential tax treatment although who knows what the future tax laws will be.