Reply to Middle class professionals: tell me about your finances

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Only on DCUM would people with HHIs in the 300-400k range need to chime in and bring about their 300k+ in retirement bc they "feel" so middle class. Can we have one thread here focused on ACTUAL middle class -- which to me means a max of 175k or 200k for a family of 4, less than that if you are single/single parent household.[/quote]

Agreed-and most of the rest of the country would shake its head at 175-200k even mentioned in the same sentence as “middle class”! [/quote]

The rest of the country is not relevant to costs here! As a single (only) parent of 2 elementary-aged kids, earning $130k, one month of summer camp for my two kids at our charter school or at the YMCA costs me more than my take-home pay after mortgage. That does not feel middle-class. To get any discount beyond the piddly sibling one at the Y or at the charter school, my kids would have to qualify for FARMs, which they obviously don't. I would feel middle-class at $200k in DC, by the simple calculation that for the next 8 summers I'd have a couple hundred bucks leftover outright after paying my mortgage and summer camps. [/quote]

Here we go. DC is sooooooo expensive that only 300k is barely middle class . . . .[/quote]

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