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Author: wrjohnston91283 Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76397  
Subject: Re: 10 Places to Retire on Social Security Alone Date: 9/11/2011 11:39 AM
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Its not about whether these places are cheap to live. Its about your SS benefits being more than the median income. With all the college kids working minimum wage/part times jobs, it skews the median to the low side. Thus implying that low income people can live there. What is not taken into account is the student loans, which would probably boost the median income of these students to well above SS benefits.


Are college kids living on campus included in the income stats for these towns? I went to school in massachusetts full time, but I believe I was always considered a resident of my hometown in Connecticut because it was considered my perminent residence. I filed CT taxes, had a CT driver's license, registered a car in CT. Until I moved into an off campus apartment I don't think the state of massachusetts could even include me in their stats if they wanted to.
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