Senior Citizens Need a Basic Income
The average individual monthly Social Security payment in 2019 is $1,461, the Social Security Administration estimates.
Consequently, the average annual individual income from Social Security is $17,532.
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
The average individual monthly Social Security payment in 2019 is $1,461, the Social Security Administration estimates.
Consequently, the average annual individual income from Social Security is $17,532.
Additionally, developers will soon dump vast amounts of new retail space on the market in cities; like New York, Los Angeles, and Denver, because of a recent building boom. Thus, a commercial real estate collapse is probably imminent.
Read MoreNorway’s sovereign wealth fund or Government Pension Fund was worth $1 trillion in October 2017, Forbes contributor Niall McCarthy calculated. That amount is equal to the size of Mexico’s economy, and translates into $190,000 for each of the Kingdom of Norway’s 5.2 million citizens.
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