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Reply to "31% of millionaires think they're middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]See, it isn't only on DCUM. https://www.cnbc.com/2023/11/10/survey-31percent-of-millionaires-say-they-are-part-of-the-middle-class.html A recent Ameriprise survey found that about 60% of milllionaires consider themselves "middle class." A quarter of households making $175k called themselves "very poor," "poor," or "getting by but things are tight." An Edelman Financial survey found that Americans said they'd need to earn $233,000 on average to feel financially secure and $483,000 to feel rich. What about you? 1. What's your HHI and what do you consider yourself? 2. Do you feel poor, comfortable or rich? Why? 3. What level would you need to achieve to feel "rich?"[/quote] Small business owner; income $225k before taxes; net worth 1.2M excluding 2 homes; home value approx 1M; and I consider myself middle class. Am I more? [/quote] PP. Only child graduates HS and goes to college in 2025. Hoping he goes in state, but he may not. No 529 and he will not need student loans; There are liquid assets; only debt is about 150k on one home and $9000 left on a car. Open to feedback. [/quote]
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