Reply to 31% of millionaires think they're middle class

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We have a HHI of about $250K. Two kids in private school. We are saving well for retirement and college. We take vacations… a couple a year. We don’t really worry much about money. No inheritance or family money. Living in the DMV.

We feel very UMC. We know we have options and advantages that many people don’t have. [/quote]

Are these catholic private schools? We calculate (non-religious) private in our area around $120k a year for 2 kids, before paying for aftercare and summer camp. Are you spending 50% of your pretax income on schools?[/quote]

They are Catholic. We pay ~$35K a year in tuition, so it is a big chunk of our income. We absolutely love these schools and what they offer our children, so that becomes a priority. We are happy we can afford it rather easily.

Reading through this thread, I see a trend. When people think about what they lack in relation to others, they feel less wealthy.  I wonder if a perception shift would help. Most people posting here are extremely privileged, including me with my “mere” 250K a year. [/quote]

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