Reply to PSA: $250K family of 4 in the DMV area is not middle class

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Reply to "PSA: $250K family of 4 in the DMV area is not middle class"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just my two cents- people often calculate their HHI after taxes/retirement/insurance is removed. We are at about that income when we’ve maxed out retirement, it can sometimes feel tight if there’s a big repair expense. People forget how much they are savings snd concentrate on the monthly bill amount.

Also, our housings costs are much lower than normal, but SN kids  and medical costs are very expensive. Sometimes it’s not overspending on housing.[/quote]

I have seen people do this and that is deranged. Especially because people in the DC area who are members of the professional class are generally putting away a ton for retirement. And insurance is a product! Some people have very good insurance that gets them access to the best healthcare, and some people are in HMOs they have to fight with just to find a provider who takes their insurance, or may have huge deductibles or it just doesn't cover as much stuff. The idea of removing these from your HHI in order to find out what class you are in is ridiculous. If you are wealthy enough to be putting tens of thousands of dollars toward retirement annually, you are already NOT middle class, by definition.[/quote]

Agreed. This basically is the idea that wealth doesn't count, which we all know is not true. [/quote]

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