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Reply to "Where do you draw the line between upper middle class and upper class?"
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[quote=Anonymous][quote=Anonymous]Middle class is the middle. So pick your bell curve. Bottom is lowest 10%? 20%? Upper class is the top 10% or 205 Middle is the remainder. It doesn't matter how you feel. Or if you choose to drive you 20 year old Honda civic. It is where you fall on the bell curve.[/quote] It’s not a bell curve though. It’s more like a sharp slope up. 95 (or something close) % of families are wt the base of the slope. It then shoots up significantly for the UC. Parsing out where someone making 200k vs 400k falls is negligible especially since incomes aren’t always stagnant (many go up and down at various points) and COL is a factor. It feels like “everyone” is MC because we’re all in the shallow end of the pool (whether at 2 ft or 3 ft) and the rich are off in the 20 ft deep end.[/quote]
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