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Reply to "If you are middle class (<150k HHI), how would things be different if you were rich (>400k HHI)"
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[quote=Anonymous]We are right around $150k (not sure of exact amount but it's gone up slightly and we were in mid-140s gross last year). Honestly, I WOULD spend the marginal difference on housing. We live at the very end of a long commuter rail line from my job in DC because my partner's job is in our cheaper city, and even this far out, we live in a 1500 sq ft townhouse so we can catch up on retirement savings. So if our income more than doubled, I would absolutely buy an SFH with a nice yard, central AC, and possibly an extra full bathroom and more bedrooms for guests and an office. No question. Otherwise, I guess we'd shop at Wegmans instead of Aldi and go to nicer restaurants the one time a year we have someone else watch the kids? We'd sleep easier at night about college and retirement. But I don't see our day to day changing immensely outside of housing because even in DC, $120-150k is enough to get by with your needs met. [/quote]
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