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Reply to "What is Middle Class....Really?"
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[quote=Anonymous][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] Right? We're at $330k, two income household. DH drives 1.5 hours each way every day to get that paycheck. And yes, he could look for another job, but he just started this job 1/2 year ago after leaving a job that required him to travel 100%. Are we thankful every day for the opportunities we've been given? Yes. Do we feel like we're living the life of luxury? No. [/quote] That's the thing though, all households have to bust their butts to get a paycheck. Yea, you're working hard for that check but isn't everyone? If anything lower income people have to bust their butts even more because they have limited opportunity to get ahead. [/quote]
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