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Reply to "What’s the different between upper middle class and upper class?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Upper middle class earn a nice income $250k+ from working. Upper class have typical annual investment returns of $300k+ and they likely work additionally. Im in the second category, even though we have vacationed in Hawaii (no condo) and our cleaning lady comes only biweekly.[/quote] Is 300k in investments and an office job really upper class nowadays?[/quote] They’re drawing $300K returns annually so something like $7.5M principal min[/quote]
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