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Reply to "AEI says Dual-income 1-kid $133k/yr is "upper middle class""
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[quote=Anonymous][quote=Anonymous]We make 800k and it definitely doesn't feel rich . I live to the sameife style as my gs15 single earner household did in the 90s. [/quote] There's upper class and there's "rich." We make 600K (albeit in lower COLA than DC) with 3 kids and we are definitely beyond UMC. We do have to work for a living, which I think distinguishes our bracket from the truly wealthy, but we have a beautiful home, take multiple flying vacations a year, save aggressively such that we will be able to retire or semi-retire (DH will go half time) in our 50s. We are definitely not luxury people but then when my youngest had learning disabilities, we were able to move him to a private school without having to make any adjustments to our spending. We will be able to pay for our kids' college tuition at any private university, and will likely be able to cash flow a few extra years of grad school if needed. We basically never have to worry about money- I think UMC are either working until conventional retirement age (~65+) or doing without so many luxuries, not having both. [/quote]
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