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View Poll Results: How Do You Rank Your Wealth & Liviing Situation
Poor-Can't pay monthly bills, lacking in resources, poor living environment 3 2.56%
Doing OK-Can pay bills, have adequate resources, living situation adequate 51 43.59%
Thriving-Enjoying life, can pay bills, have money left over, above average living environment 59 50.43%
Outstanding-Amazing wealth & resources & environment, oodles of money - rolling in it! 4 3.42%
Voters: 117. You may not vote on this poll

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Old 08-11-2011, 11:36 PM
 
Location: Prescott Valley,az summer/east valley Az winter
2,042 posts, read 3,628,332 times
Reputation: 7884

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Quote:
Originally Posted by Escort Rider View Post
Well, 68 of us have voted in the poll as of this writing. Not one single person has categorized himself as struggling. Yet based on my reading of posts in the Retirement Forum for the past year and a half, plenty of people claim to be struggling. Where are they in relation to this poll? Is it just too embarrassing to check that box?

Yes, I know, 68 responses are not enough to base any conclusions on, and I also realize that posters on CD do not necessarily represent a cross-section of the United States anyway. Still, I can't help but wonder about the results. Does anyone else find them a bit strange?
I do know quite a few that would be in the first category, but none of them are on the internet as they feel they cannot afford it. Most people that frequent the internet are in at least category 2...I'm sure if I were having trouble keeping a roof over my head and some kind of food on the table I wouldn't be spending much money buying a computer and paying for an internet connection so I could spend my time posting on C-D about how I couldn't maintain food enough to eat
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Old 08-12-2011, 01:01 AM
 
Location: Washington County, ME
1,549 posts, read 2,390,824 times
Reputation: 1873
Quote:
Originally Posted by newenglandgirl View Post
Financially I, like most American retirees today, am very rich: I have a roof over my head, food on the table, a car, gas in the car, and some savings in the bank. I can pay my bills. I can afford a dog. I can go to occasional cultural events and have relatively clean air and water where I live.

I never compare myself with those who have more, but I am always concerned with those who have less. And that category of people is growing every day.
Great post!! And forest, so was your's.

I picked the second choice - but i was "Poor" until my Social Security Disability came thru, thank God for it. I had to retire early after becoming disabled. I worked for about 32 years. My pension itself is very small. Thankfully i still have medical coverage from that job (paid for partially from me out of my pension each month), and Medicare (also comes out of the SSD each month - no, it's not free like many think).

I actually want LESS 'things,' and am working on selling and giving away as much as i can, before moving. I find that the older i get - less = more. There is sooo much more meaningful in life to me now than how much i HAVE as far as possessions. And i'm so happy to be feeling that way.
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Old 08-14-2011, 04:32 PM
 
12,671 posts, read 21,059,830 times
Reputation: 2625
How come there is no choice better then outstanding?
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Old 08-14-2011, 06:54 PM
 
1,679 posts, read 2,576,014 times
Reputation: 1292
Quote:
Originally Posted by forest beekeeper View Post
Comparing us to any nationwide scale we would be fairly poor.

We knew this going into retirement. We have lived up and down the West Coast, and up / down the East Coast [military career]. So we knew from first-hand experience that in many areas my pension would not be enough to support a family.

As retirement approached we did our research and selected an area that is known for it's long-term depressed economy [Maine]. Here my pension puts us at about shoulder-to-shoulder with most of our neighbors in terms of Gross annual income.

We used our portfolio to buy land and to build a house. So now with no mortgage payment, our living expenses are much lower than expected.

My pension is comparable to flipping burgers for minimum-wage. However with the low-cost area, low taxes, and no mortgage; and in the terms that you used in the OP poll; we are in the "Thriving-Enjoying life" category.
Maine isn't low taxes its one of the highest tax state in the country.
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Old 08-14-2011, 07:16 PM
 
Location: Forests of Maine
30,682 posts, read 49,455,573 times
Reputation: 19134
Quote:
Originally Posted by hartford_renter View Post
Maine isn't low taxes its one of the highest tax state in the country.
We have owned homes in three other states and one home overseas; before moving to Maine. This state has the lowest property taxes that we have ever experienced.

As a retiree my income is not high enough to pay any income taxes in Maine. So I really can not comment much on income taxes, other than to say that I do not pay any.

Vehicle taxes and registration in Maine, are flat the lowest of any where that we have ever lived.

I have heard that 'taxes' were high in Maine. But so far, after living here for 6 years, we have not found any single tax that even equals what you pay in other states.

Our experience, thus far has been that Maine has an extremely low cost-of-living and very low taxes.



On the other hand, I do know many people, who are Mainers, who have never lived outside of Maine, who insist at every opportunity that taxes here are higher than anywhere else on the planet. I even heard it repeated once on the radio. But if any of these folks ever left Maine, they would see a different picture.



Our last home [before moving to Maine] was in Norwich Connecticut. Ouch! Those property taxes ran us over six times more than what I pay here.
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Old 08-14-2011, 08:42 PM
 
250 posts, read 648,776 times
Reputation: 199
Quote:
Originally Posted by imcurious View Post
How would you categorize yourself, financially?

What do you gain from asking this question? I am simply curious.
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Old 08-14-2011, 08:45 PM
 
Location: earth?
7,288 posts, read 10,858,512 times
Reputation: 8956
Quote:
Originally Posted by Morwyn_7 View Post
What do you gain from asking this question? I am simply curious.
Please point me to where it says you have to gain something by asking a question. Thank you.
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Old 08-15-2011, 08:37 AM
 
Location: SW MO
23,605 posts, read 31,487,261 times
Reputation: 29071
Quote:
Originally Posted by Morwyn_7 View Post
What do you gain from asking this question? I am simply curious.
Attention?
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Old 08-15-2011, 02:07 PM
 
12,671 posts, read 21,059,830 times
Reputation: 2625
Its a good topic.
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Old 08-15-2011, 02:23 PM
 
29,782 posts, read 34,871,258 times
Reputation: 11705
Quote:
Originally Posted by Morwyn_7 View Post
What do you gain from asking this question? I am simply curious.
Seven pages worth of response and discussion!
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