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  1. Join Date
    Jan 2006
    Posts
    12,398
    #11
    Quote Originally Posted by yebo View Post
    2 persons, no rent or mortgage, car fully paid, medical costs all provided by social security/military. hope they don't get a flat tire.
    None of the houses on our subdivision are older than 1999. I'm sure the majority of homeowners (including us) are on a 30-year mortgage. Those (senior) retirees have to be paying a mortgage still.

    Many military retirees get disability in addition to their retirement pension. It depends on the medical conditions that accumulated during their time in service and how severe they were. Their real annual retirement income is closer to $45k a year gross plus disability does not get taxed. Only the retirement pension gets taxed. Add Social Security to those old enough to get it and their annual income jumps to over $50k a year.

    Speaking of flat tires..... My wife's Rogue got a flat today after running over a nail. Good thing it was near the Firestone shop where she bought the tires. They repaired it free of charge as part of the lifetime warranty.
    Last edited by Jun aka Pekto; August 14th, 2017 at 10:57 AM.

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