Am I DCUM poor or DCUM middle class?

[Anonymous]

Anonymous wrote:DCUM isn't as affluent as people think. Look at the ad options you get served here!

The ad options are a result of your own browsing history.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I really hope you realize how obnoxious you come off, even if you're joking.

+1

How about this question - Do you think I can afford to take my kids on a trip to Disney or have a little luxury? - I have a billion dollars in investments but I still drive a 10 year old Toyota and shop for my clothes at Costco. My family only eats rice to save money because we feel so poor.

OP. I guess you’re joking but I’m not far off this actually. I have never taken my kids on a big family vacation, they have never been overseas (or to Disney), we drive a 7 year old economy car, I only buy on sale, only eat out with company, no childcare afterschool since first grade (one of us WFH), no gym memberships, no cable, no fancy home renovations, kids will not receive their own cars.

[Anonymous]

Anonymous wrote:You’re just middle class. If you came to my Chevy Chase cocktail party, I might be able to clock you by the poverty scent alone.

But can you smell when people are unleveraged? Bc that’s OP.

[Anonymous]

this is standard middle class when you take into account pensions are no longer a thing

[Anonymous]

Anonymous wrote:$3M in combined retirement and brokerage and $850K house paid off. $250K saved for kid’s college. We make $420K combined ($240/$180). We are 55/53.

You are DCUM UMC.

[Anonymous]

I’m surprised you’re even holding on. How are you managing with such meager resources?? Only $3m saved for retirement!?

[Anonymous]

Anonymous wrote:$3M in combined retirement and brokerage and $850K house paid off. $250K saved for kid’s college. We make $420K combined ($240/$180). We are 55/53.

Go away

[Anonymous]

Anonymous wrote:

Anonymous wrote:You are incredibly wealthy.

There are people who post here with twice this much at this age. I’m not sure op is “incredibly wealthy,” although surely comfortable.

Anyone who does not see $3m in liquid assets as incredibly wealthy is incredibly dumb.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You are incredibly wealthy.

There are people who post here with twice this much at this age. I’m not sure op is “incredibly wealthy,” although surely comfortable.

Anyone who does not see $3m in liquid assets as incredibly wealthy is incredibly dumb.

Wealthy means you don’t have to work for a living. OP clearly does have to continue working to sustain that income.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You are incredibly wealthy.

There are people who post here with twice this much at this age. I’m not sure op is “incredibly wealthy,” although surely comfortable.

Anyone who does not see $3m in liquid assets as incredibly wealthy is incredibly dumb.

Wealthy means you don’t have to work for a living. OP clearly does have to continue working to sustain that income.

That’s a ridiculous definition of wealthy. Go away

[Anonymous]

Anonymous wrote:for real? lol honey please

Only a 53 year old pearl clutcher could ask OP’s question.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You’re just middle class. If you came to my Chevy Chase cocktail party, I might be able to clock you by the poverty scent alone.

But can you smell when people are unleveraged? Bc that’s OP.

I know a guy who has lived in Chevy Chase for decades. He defrauded his mother before she died to be able to afford his massive mortgage and then couldn’t afford to buy her and four friends lunch when she turned 90. But yea, please tell us all how rich everyone there is.

[Anonymous]

Solidly dcum UMC

[Anonymous]

Anonymous wrote:$3M in combined retirement and brokerage and $850K house paid off. $250K saved for kid’s college. We make $420K combined ($240/$180). We are 55/53.

To help you put things in perspective:
https://www.nerdwallet.com/article/investing/the-average-retirement-savings-by-age-and-why-you-need-more
The median retirement savings of earners ages 55-64 (e.g. just under retirement age) is $185K.
The mean/average retirement savings of that same group of earners is $537,560.

Only 40% of all homeowners in the US have paid off their house and that includes many with houses worth much less than yours.

In 2022, the average HHI across the US was just under $75K
In 2022, the average HHI in the DC metropolitan area (and DC itself) was just under $94K.
In 2022, the average HHI in MD was about $98.5K
In 2022, the average HHI in VA was about $81K (NoVa was about $130K).

DCUM is a self-selected group that has a much higher income and net wealth than even the areas we live in. But in general, DCUM is dominated by a lot of top 1-5% household earners. So, trying to say that you are "DCUM middle class" means that you are likely in the top 5% of nationwide earners. That, by definition, tends to make you at least affluent, if not actually wealthy.

However, if you actually use the term DCUM middle class, it does make you amazingly tone deaf.

[Anonymous]

I think you are DCUM MC because I've seen similar numbers thrown around on this website and it doesn't make me go "wow."

"Wow" are the posts about a couple in their early 40s with 10M net worth. I would call them wealthy.