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Author: PucksFool Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 60006  
Subject: Re: Life Expectancy of wealthy SS Recipients Date: 7/26/2011 6:12 PM
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Those working class stiffs have too much money now.

We've been doing a lot of home maintenance projects over the past couple of years. Negligence for 30 years will do that.

$5,000 = Counter tops + sinks + plumbing in the kitchen / (3 workers X 3 days)
$11,000 = New windows (due to bad planning 30 years ago they were custom sizes and serious upgrading) / (2 workers X 10 days)
$6,000 = new shingles + new roof decking / (9 workers X 1 day)
$4,000 = stain & paint + power washing the house and decks / (3 workers X 6 days)

If you do the math and project this out for a year, I don't think any of these working class stiffs are going to be above the $250K threshold that is being discussed.

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