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Old 06-28-2012, 05:06 PM
 
Location: Scottsdale, AZ
4,472 posts, read 17,701,216 times
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Quote:
Originally Posted by MyTail View Post
Let me rephrase it or clarify my question.

Do many (not most) retirees qualify (not will they apply) for food stamps due to no income?
A good portion of retirees have between 70-80% of their working income as retirement income. If, when working, you were making $100K/ year, a good starting point for a retirement income would be around $75K/ year. This can be achieved in a number of ways from land rent, retirement accounts, mutual funds, etc etc. Virtually NO retirees that I personally know would even remotely qualify for any type of assistance because they were financially responsible and saved away for the day they finally retired.

So no, only a small minority of retirees would likely qualify for food stamps.

And $200/ month for groceries?! Unless you're eating ramen noodles each night, a better amount to budget for would be around $400/ month at minimum.
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Old 06-28-2012, 05:58 PM
 
11 posts, read 24,056 times
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Quote:
Originally Posted by Ariadne22 View Post
LOL -

There's a skinny old guy in his 80s who patronizes my organic food store. He will stand at the shelves and study and think and study and think. You know he's counting every penny. Each time I see him, he's thinner than previous week. If he's not getting food stamps, he should. I've actually been considering putting a gift card to that store in his cart anonymously. He really does need to eat more.
You're so mean. Maybe he is sick and that's why he is getting skinnier. What's wrong with you?
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Old 06-28-2012, 06:00 PM
 
11 posts, read 24,056 times
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Quote:
Originally Posted by SpeedyAZ View Post
A good portion of retirees have between 70-80% of their working income as retirement income. If, when working, you were making $100K/ year, a good starting point for a retirement income would be around $75K/ year. This can be achieved in a number of ways from land rent, retirement accounts, mutual funds, etc etc. Virtually NO retirees that I personally know would even remotely qualify for any type of assistance because they were financially responsible and saved away for the day they finally retired.

So no, only a small minority of retirees would likely qualify for food stamps.

And $200/ month for groceries?! Unless you're eating ramen noodles each night, a better amount to budget for would be around $400/ month at minimum.
Eating ramen noodles each night and every meal would be less than $20 a month.
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Old 06-28-2012, 06:01 PM
 
491 posts, read 2,290,820 times
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Quote:
Originally Posted by MyTail View Post
Eating ramen noodles each night and every meal would be less than $20 a month.
"Unless" - the key word in that sentence.
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Old 06-28-2012, 06:08 PM
 
Location: Los Angeles area
14,016 posts, read 20,910,117 times
Reputation: 32530
Default Skewed perspectives

Quote:
Originally Posted by SpeedyAZ View Post
A good portion of retirees have between 70-80% of their working income as retirement income. If, when working, you were making $100K/ year, a good starting point for a retirement income would be around $75K/ year. This can be achieved in a number of ways from land rent, retirement accounts, mutual funds, etc etc. Virtually NO retirees that I personally know would even remotely qualify for any type of assistance because they were financially responsible and saved away for the day they finally retired.

So no, only a small minority of retirees would likely qualify for food stamps.
"If, when working, you were making $100K/year", then you were earning about twice the median family income in the United States. When you present $100K/year as just normal and average, you are betraying your confusion of what you and your friends and neighbors make with what is actually in fact normal and average. Of course "virtually NO retirees that [you] personally know would even remotely qualify for any type of assistance...." because your socio-economic milieu does not include people who would remotely qualify and you do not personally know a very wide spectrum of people.

If you are a lawyer, doctor, CPA, Ph.D., middle or upper management type, etc., then you live in a neighborhood with the same kinds of people. The people from work with whom you socialize are going to be from your same intellectual and financial background; it's doubtful you will socialize with the handyman or the janitor from work.

Take your blinders off and look beyond the boundaries of your own situation.

Now having said that, I would agree that most retirees are not going to qualify for food stamps, but I do not have any precise data to back that up. I was stunned at how generous the food stamp program in Wisconsin is; if I had had to guess at the income level needed to qualify, I would have guessed a lot lower than $1800 per month for a single person. I wonder how typical that is among other states?
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Old 06-28-2012, 06:16 PM
 
11 posts, read 24,056 times
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Quote:
Originally Posted by Escort Rider View Post
Now having said that, I would agree that most retirees are not going to qualify for food stamps, but I do not have any precise data to back that up. I was stunned at how generous the food stamp program in Wisconsin is; if I had had to guess at the income level needed to qualify, I would have guessed a lot lower than $1800 per month for a single person. I wonder how typical that is among other states?
You're smart. I think your IQ is close to mine.
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Old 06-28-2012, 06:17 PM
 
Location: Wisconsin
25,580 posts, read 56,488,147 times
Reputation: 23386
Quote:
Originally Posted by MyTail View Post
You're so mean. Maybe he is sick and that's why he is getting skinnier. What's wrong with you?
Ooops!!! See you're a new user as of today. Sooner or later the originators of "provocative" threads show their colors - its only a matter of time.

Last edited by Ariadne22; 06-28-2012 at 07:08 PM..
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Old 06-28-2012, 06:48 PM
 
48,502 posts, read 96,867,563 times
Reputation: 18304
Quote:
Originally Posted by MyTail View Post
You're so mean. Maybe he is sick and that's why he is getting skinnier. What's wrong with you?
He mean becasue he is thinkig of giving a gift card to the guy ;so he can eat more? What's wrong with you is the question.
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Old 06-29-2012, 12:36 AM
 
11,177 posts, read 16,021,941 times
Reputation: 29935
Wow, I see the OP no longer is a member of City Data. That's impressive! Gone in one afternoon.
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Old 06-29-2012, 12:42 AM
 
17,815 posts, read 25,642,029 times
Reputation: 36278
I think this was a troll post. Why would people who have retired from jobs with pensions who have savings get food stamps?

Only those who don't plan for retirement and p**s everything away get handouts in America.
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