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Sympthsical

(9,238 posts)
20. You make a good point
Thu Jan 19, 2023, 09:35 AM
Jan 2023

Sometimes just putting numbers on things isn't really getting the picture. My mom is retired and widowed. She let go of the house after my father died. Now, she lives in an apartment in a senior community as a renter. However, she has social security and part of my father's pension. She's not struggling to pay her bills or cover her medical costs.

While the strict numbers might put her in a lower income, she's living a perfectly comfortable life.

Compare that to younger people who live and work in the Bay Area. I have friends who make six figures who are renters with home ownership out of reach and many of them have been paying student loans their entire working lives. When you put together cost of living and debt, they could be one medical crisis away from having their situations upended.

Even though we might see, "Oh, you're making this much money and have this job. You must be doing awesome!" we never really know what anyone's individual circumstances might actually be.

Seems to me a measure of self-deception bucolic_frolic Jan 2023 #1
Here's a handy dandy calculator! 50 Shades Of Blue Jan 2023 #2
Thanks for that! mvd Jan 2023 #3
:) 50 Shades Of Blue Jan 2023 #4
According to your link, I am definitely lower income now mvd Jan 2023 #5
I am so sorry to hear that. As retired Feds, my husband and get comfortable pensions, 50 Shades Of Blue Jan 2023 #10
Says I'm middle (not upper or lower) jimfields33 Jan 2023 #6
Should be based on your net worth, not income. n/t Yavin4 Jan 2023 #8
It definitely should take net worth into account - Ms. Toad Jan 2023 #11
My B-I-L is in the same boat. DFW Jan 2023 #14
Apparently, I'm in the upper income bracket and the majority of people like me are. SYFROYH Jan 2023 #25
Being "well off" is relative. Compared to what? phoenix75 Jan 2023 #7
That's why I used some flexibility here mvd Jan 2023 #9
I'm personally low income (disabled) Elessar Zappa Jan 2023 #12
That's good they have the pension mvd Jan 2023 #13
That's a tough situation. Elessar Zappa Jan 2023 #15
Yeah, second try mvd Jan 2023 #16
Get a lawyer. Elessar Zappa Jan 2023 #17
Also... write your congressperson Takket Jan 2023 #19
Yep, my rep is a Dem mvd Jan 2023 #28
It depends on what you mean by "well off". elocs Jan 2023 #18
You make a good point Sympthsical Jan 2023 #20
This is weird Sympthsical Jan 2023 #21
+1 Emile Jan 2023 #22
Yup nt XanaDUer2 Jan 2023 #24
I was genuinely curious mvd Jan 2023 #27
Totally agree this is weird Firehawk Jan 2023 #29
Passing, Because... ProfessorGAC Jan 2023 #23
I'd label myself as middle class Victor_c3 Jan 2023 #26
Latest Discussions»General Discussion»How well off financially ...»Reply #20