Talk of The Villages Florida - Income poll

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- The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)

- - Income poll - Yearly Income? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/income-poll-yearly-income-20133/)

Quote:

Originally Posted by zcaveman (Post 187899)

This is a very unqualified poll. It does not restrict the question to the retirees of the Villages.

It asks "What is your current or projected income from all sources". This no way reflects the income of the RETIRED members of TOTV. Wannabes or semi-retired members have a different level of income than those that are fully retired and living on pensions, SS and annuities.

If Russ is trying to find out what the annual income of the fully retired people of TV is, this is not the poll. If that is what Russ is after he should make it clear as to what he wants so that only the fully retired members respond.

If this is not what he wants, why the poll? We already have those inflated numbers.

Z

I was going to say something quite similar -- in a much more diplomatic, friendly, and understanding manner, of course ---- not being critical, Z. Homey don't do that stuff. ---- As I and others have pointed out innumerable times (tho thy likely are numerable, but who cares) with our mixture of homeowners here in TV, it is impossible to get meaningful estimates re income. But we've beaten that :0000000000luvmyhors to death, even without a decent card room to which we can retire.

As to why the poll, why not. Many people seem to be enjoying the poll and the jawboning. As our old friend Lazarus Long described religion: " . . . like dandruff, most people do have a religion and spend time and money on it and seem to derive considerable pleasure from fiddling with it." What's the harm and it's likely keeping some of us out of trouble.

Let's take the poll a year from now and see if there are any changes.

Z, Muncle - You are both exactly right.

In my mind I said 'yearly income from all retirement sources of income' but that is not what I wrote.

When I picked my bracket that is what I did.

I would think that most people put down what they make or will make in retirement but maybe regular folk put down what they make now.

Hey There, Beyond Rich!!

Gee, I just hope that one of the 5 in "Beyond", is a single guy, looking for a fun loving woman from da Bronx, who loves to give parties and has a few Schnauzers!!! Wonder who that woman would be? Oops have I changed this thread into a "Looking for Love" thread?? Well, to get it back on track, Tony, so you won't yell at me,,,,, I aint talking about my income!! No Way, don't wanna look lately.

Given current economic conditions, I am thankful just to have an income.
How much is it?
MYOB!:a040:

Hmmmm, I wonder if Mr. Morse took the poll and had to vote for "beyond rich" several times since he's way, way, way, way, way beyond rick:1rotfl:

Quote:

Originally Posted by KayakerNC (Post 187952)

MYOB!:a040:

I can respect that.

The poll doesn't have names though. Just trying to gauge what amount it takes to live in TV and show wannabes that it can be done at all levels.

On the Virginia Trace web page, under the heading, " How Big is the Villages", it says the average recession proof income is $81,000.

Quote:

Originally Posted by Russ_Boston (Post 187956)

The poll doesn't have names though. Just trying to gauge what amount it takes to live in TV and show wannabes that it can be done at all levels.

The MYOB was spoken with tongue firmly in cheek. ;)

I've been tempted to send those warranty cards that you get with near any purchase nowadays, back with some very high income number....just to get a better class of advertising mail.

DG - Actually it says: "

The average Villages’ household has a recession proof income of $81,480. "

This doesn't mean that a recession proof income, globally, is 81K. In fact that term 'recession proof' is completely silly to an economist. I think what is meant is that the average Villager's income is more fixed since they may not be working and isn't AS subject to the economy's cycles.

Quote:

Originally Posted by Russ_Boston (Post 187979)

DG - Actually it says: "

The average Villages� household has a recession proof income of $81,480. "

This doesn't mean that a recession proof income, globally, is 81K. In fact that term 'recession proof' is completely silly to an economist. What if that person (family) loses a job due to the recession? etc. etc.

I think what is meant is that the average Villager's income is more fixed since they may not be working and isn't AS subject to the economy's cycles.

I think the "recession proof" refers to incomes that have a COLA component, like SS and some pensions. Fixed income is not so good in inflationary cycles, or when the dollar loses value.:mornincoffee:

That's why I'm not an economist;)

Sperlings Best Places shows the Median Household Income in TV is $46,984. That means 1/2 the hh's are above that and 1/2 below. Does that sound about right?? I know a lot of retirees who take just what they need to live on from their assets each year. It can go up and down each year depending on their needs.

frogs vs snowbirds

It would be interesting to see the retirement income of those who live in TV year around and are truly retired. Snowbirds should have a separate poll as they are maintaining two households. People not yet retired also might send a skewed result.