If you consider yourself Upper Middle Class (and you live in the DMV)...

[Anonymous]

HHI: $255k
NW: $950k
Family size: 2
Ages: 27 and 30

[Anonymous]

325
3.5 M (Incl houses)
2 kids

40

[Anonymous]

HHI - 235k
NW - 750k
Family size - 4
Adult Ages - early 30s

[Anonymous]

990
5+M
5

[Anonymous]

HHI: 450K
Family size: 4
NW: 1.5M

We are extremely comfortable.

Sidenote: I'm curious if people generally calculate NW the same way.

[Anonymous]

HHI: $350-400K
NW: $2.7MM (excluding pensions and significant inheritances on both sides of family)
Family Size: 5
Late 30s

[Anonymous]

Anonymous wrote:
HHI: 450K
Family size: 4
NW: 1.5M

We are extremely comfortable.

Sidenote: I'm curious if people generally calculate NW the same way.

I said $3.5M last night. I counted home equity (we don't have a mortgage), retirement account balances, and brokerage account balance.

[Anonymous]

HHI: $230k
NW: $1m
Family size: 2
Ages: 25 and 27

[Anonymous]

HHI: $185k
NW: Probably around $400k? I don't track this carefully. Retirement accounts plus home equity (which is small, we just bought). No debts besides mortgage.
Family size: 3.5 (baby #2 due in August)

[Anonymous]

Anonymous wrote:HHI: $185k
NW: Probably around $400k? I don't track this carefully. Retirement accounts plus home equity (which is small, we just bought). No debts besides mortgage.
Family size: 3.5 (baby #2 due in August)

PP just adding we are mid thirties. And also - the majority of people responding on this thread are upper class/rich and don't live in reality.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
HHI: 450K
Family size: 4
NW: 1.5M

We are extremely comfortable.

Sidenote: I'm curious if people generally calculate NW the same way.

I said $3.5M last night. I counted home equity (we don't have a mortgage), retirement account balances, and brokerage account balance.

You didn’t include checking or savings accounts aside from retirement?

[Anonymous]

HHI: $400k
NW: $2.5m
Family size: 4
Ages: 40 and 41

[Anonymous]

HHI 260k
NW 1.3m (including home equity of 500k)
Family size 4.5 (pregnant)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:None of those are UMC.

Too high or too low to be UMC?

NP. Too low, IMO.

Do you live... in reality.

NP. I consider anything 200-500k to be UMC. We're in the 200s and live a very lucky lifestyle. No way would I say we're just middle class. We take overseas vacations, pay off our cars in full and have zero money worries.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:None of those are UMC.

Without age the numbers are meaningless

Not really. In fact, the NW isn't the biggest determinant of class when it comes to this sort of classification.

If you and your partner are 65 and at the brink of retirement, having a net worth of 2 million puts you in a very different category than a 30-something couple with the same.