Reply to Can we stop referring to households making $200 or 300K a year as "middle class"?

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Reply to "Can we stop referring to households making $200 or 300K a year as "middle class"?"

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[quote=Anonymous][quote=Anonymous]We make just over 200k and have for maybe 2-3 years. Our nanny has a far better claim to a middle class existence than we do. The simple fact that we can live in a nice home, nice area, and provide someone else's livelihood while still maxing retirement (46k) and putting money (16k) Toward college savings should disqualify us from the middle class. We will probably have around 4-5M by 60-65. In no way do I consider that a reasonable outcome for "middle class".

I was a free lunch kid at times and have lived in several different places. This area is just full of out of touch, entitled people with no perspective or empathy.

Every single one of these threads just get ridiculous - "after I spend lots of money and save lots of money, I don't have anything left". Duh. [/quote]

How do you save 46k per year in retirement funds with an income of 200k, while also paying 40-50k for a nanny and saving 16k? I don't understand what you are living on after all that plus taxes? [/quote]

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