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Money and Finances
Reply to "How much interaction do the "mass rich" have with the super-rich?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Working rich is an income category above upper middle class, but if those people retired now they’d have to cut way back on their lifestyle, and wouldn’t be able to pass down much if any wealth to their families. [/quote] Where do you draw the line Iroughly) between "upper middle class" and "working rich"?[/quote][/quote] Tough to say as there is overlap amongst the higher and lower end of all income ranges depending on stuff like cost of living, debt load, if the HHI comes from one income earner with a SAH spouse vs. two income earners, and even occupational prestige and education level. Personally I would say UMC in this area tops out at HHI 300k; beyond that are the “working rich.” (Wanted to fix the messed-up quote tags)[/quote]
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