"Fixed income" is the dumbest commie wordplay in existence. Everyone's income is "fixed." You make what you make and your budget each year is dependent on that figure. People who make six-figures also have "fixed income."
Its been twisted (just like so much language pushed by the left) but it definitely used to have a reasonable and worthwhile standard meaning.
As a working person with a job, a side business and several investments, my income is not fixed but variable. It's based off how many hours I want to put in and how much I invest into those money-making ventures and market-based returns, that's all in addition to my fixed income streams.
When you're no longer working for income, it is a different lifestyle from someone who actively is earning income. Obviously, a sizeable number of seniors currently living with a "fixed income" could go back to work for some number of hours per week, but some literally do not have the ability to work.
"Fixed income" is the dumbest commie wordplay in existence. Everyone's income is "fixed." You make what you make and your budget each year is dependent on that figure. People who make six-figures also have "fixed income."
Its been twisted (just like so much language pushed by the left) but it definitely used to have a reasonable and worthwhile standard meaning.
As a working person with a job, a side business and several investments, my income is not fixed but variable. It's based off how many hours I want to put in and how much I invest into those money-making ventures and market-based returns, that's all in addition to my fixed income streams.
When you're no longer working for income, it is a different lifestyle from someone who actively is earning income. Obviously, a sizeable number of seniors currently living with a "fixed income" could go back to work for some number of hours per week, but some literally do not have the ability to work.