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Author: Rayvt Big gold star, 5000 posts Top Favorite Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: Re: End of Social Security Loophole Date: 12/11/2010 11:06 PM
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One did need the money available to pay back previously received benefits and also funds to support themselves while the suspension and re-applying was in process. IMO this is not necessarily one who is extremely well off.

Well, according to my neighbors who are getting SS, this *is* a good description of e"xtremely well off." And this is a solid middle class to upper-middle class area.

Figure it out. Age 62 to 66 = 48 months at approx $1200-$1500/mo = $65,000. To age 70 = 96 months = $134,000.

So, yes, anyone who can write a check for $65,000 to $134,000 is very well off. And very rare.
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