London Banter - View Single Post - Freedom Pass

[email protected] · June 23rd 13, 02:22 PM posted to uk.transport.london

In article , (Roland Perry)
wrote:

In message , at 12:08:44
on Sun, 23 Jun 2013, Recliner remarked:
They just don't seem to understand the concept of someone who
lives comfortably off their investments.

It's called "independently wealthy" and several questionnaires do
recognise the concept.

Not the ones I seem to get.

They aren't common, but with means-testing making a comeback, maybe
it will be seen more often.

In any case, I wouldn't call myself
wealthy, just that I have enough to generate enough dividend income to
live on comfortably.

That's what it means. In general terms, "wealthy" in these
circumstances means "getting more income from investments etc than
would qualify you for benefits".

You don't have to be wealthy not to qualify for benefits. The maximum you
can earn that is disregarded is the same £5 per week that it was forty years
ago.

--
Colin Rosenstiel