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The Water Cooler
General Discussion
How much to live on?
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<blockquote data-quote="turkeyrun" data-source="post: 4285238" data-attributes="member: 27991"><p>Seen a news story, last week IIRC.</p><p></p><p>Seems the story had more to do with justifying raise in minimum wage BUT, they reported a requirement of $93k for a basic standard of living.</p><p></p><p>What I found most interesting, majority of Social Security recipients receive 1/3 of that amount and NO ONE is screaming to raise Social Security. </p><p></p><p>Everyone has different needs and levels of minimum comfort. $$$ required will vary with every level. You may calculate what your minimum is, but there is no absolute $$$ amount.</p></blockquote><p></p>
[QUOTE="turkeyrun, post: 4285238, member: 27991"] Seen a news story, last week IIRC. Seems the story had more to do with justifying raise in minimum wage BUT, they reported a requirement of $93k for a basic standard of living. What I found most interesting, majority of Social Security recipients receive 1/3 of that amount and NO ONE is screaming to raise Social Security. Everyone has different needs and levels of minimum comfort. $$$ required will vary with every level. You may calculate what your minimum is, but there is no absolute $$$ amount. [/QUOTE]
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