Reply to Why do so many affluent people insist they have "middle class" values?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I believe the upper middle class feel so strongly that the belong in the middle class because of two reasons:

1. They work very hard to get to where they are. They made sacrifices, took the extra effort, and battled there way into their current income situation. It's not easy. There might have been some element of luck, but mostly you get out of life what you put in. Working hard and earning a solid/comfortable living with what you earn is a main middle class value.

2. They see the full spectrum of how people live - they get a good view of the truly rich from friends, business acquaintances, social circles, and etc. They know how they live themselves, and they see how median Americans live. They realize that they are closer to how the median Americans live, than how the truly rich people live.
[b]
The median income people can imagine how glamorous a million dollar home, nanny, BMWs, 529, and retirement savings are. But the truth is that these are not all that glamorous. They are fairly mundane compared to what the truly rich indulge in. [/b]

I have nothing against the truly rich, I aspire to be one. :)

[/quote]

I'm with you until you try to sell me that a million dollar home, nanny, 529 and retirement savings are middle class.  They may not be "glamorous" but the majority of people in the US do not have these things.  [/quote]

Lets not confuse "do not have these things" with "have similar but not as nice things". Primary home, child care, your daily driver, college savings, and retirement savings - these are all mundane things. The upper middle class have nicer versions of these things, but that's about it.[/quote]

Actually I was t confusing anything.  You think the majority of people have 529 plans and fully funded retirement?  I don't.  [/quote]

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