Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "What is Middle Class....Really?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's more than comfortable.[/quote] If you're busting your ass billing 2000+ hours per year, "comfortable" isn't exactly the word I'd use. It's definitely a lot of income, but there's no freedom if you can't walk away from your job. Comfort would be having the $350k in [i]passive[/i] income from investments. That level of wealth (as opposed to income) is difficult to achieve. You need about 25 times your annual spending in investments to achieve it.[/quote] Yes we shouldn't talk about income we should talk about net worth. A $350K income household is worse off than a $50K income household if they have the same net worth because the higher income household probably has more financial commitments.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
