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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]Based on these responses you can be upper class while earning $100k in investments, sitting on a not for profit board and living extremely modestly. But upper middle while earning $1 million. [/quote] I distinguish between the wealthy and rich - rich is making $1M or $5M or whatever but you need to work to maintain your lifestyle. Wealthy is never working a day again and you can even increase your lifestyle via assets that work for you. Obviously the goal is to graduate from rich > wealthy. [/quote]
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