Reply to What is Middle Class....Really?

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[quote=Anonymous]I'm the $365K poster.

We're early 40's and have only had this income level for the past 3 years.  Prior to that we were at $250K.

If I'm being totally 
-our house is worth 1.3K, purchased for 975K with no prior equity (just a downpayment). 
-we also just bought a beach house for $350K. 
-we have 3 kids in public school 
-we just returned from 2 weeks in Asia and kids have been to Europe twice the last 2 years. 
-We max out 2 401ks and save aggressively for college. 
-2 of our kids play travel sports at ~$2-3K a year EACH. 
-2 of our kids take piano lessons at $1600 a year EACH. 
-we still save ~50K a year.

All this on 2 years at $365k income.  Prior to that we had a $250K income for 10 years.   Prior to that we made about  $130K since age 25

NO inherited money.  ~$100k in student loans that we paid off by living very, very frugally the first year out of grad school at age 30.   We were making $250K and paid off $100K that year.

Anyway, i consider ourselves upper middle class.  No one will convince me that we're not.  We have more money than we need.  We own a second home.  We vacation internationally yearly.  And yes, we could afford to fly first class.  [/quote]

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