Reply to What is the “upper” in upper middle class?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What differentiates the upper middle class from the regular middle class?

A lot of the people who claim to be upper middle class seem to be simply rich to me.

What is the difference? [/quote]

It’s upper middle because you can do all the things the middle class can’t but also not enough to put you in the ultra net worth category. You aren’t traveling by private jet. The foreign lands is still budgeted for. Assuming you haven’t saved enough, if you quit tomorrow, you’d be in trouble. You are not independent to just be wealthy. [/quote]

No. You don't have to have a private jet to be wealthy, FFS! That's ultra wealthy, or whatever you want to call it.

I agree that class is very complicated and not just a function of HHI, or even HHI adjusted for COL. There's a language to it, an ability to access things, etc. A Medical Student with almost no income is not exactly working class by dint of that income, for example.

But I'm going to go ahead and call it-- by all accounts $400k+ HHI is out of upper middle class and into upper class/wealthy. It doesn't matter if it doesn't "feel" wealthy to you. [/quote]

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