Readers Write: $35K in annual earnings not enough to retire in this area

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I had to laugh when I read the article that indicated that a typical retiree earning $35,000 annually would be able to live in Great Neck, Manhasset and New Hyde Park.

Perhaps it is possible if the retiree would reside in a one car garage, shed or on a small back deck.

The home depicted in the article would probably go for no less than $800K plus in New Hyde Park, and well over $1 million in Manhasset and Great Neck.

I would imagine that the taxes in Great Neck and Manhasset for this home is well in excess of $20,00 per year.

I guess the retiree could defray the cost by skimping on luxuries such as food and working for the real owners.

Vic Oliveri

Williston Park

TAGGED: Williston Times
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