Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
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.
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?
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.
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 familyincome 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?
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?
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.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.