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Reply to "What is Middle Class....Really?"
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[quote=Anonymous][quote=Anonymous]So the conclusion here is eveyrhjngs relayyve. Some people seem quite happy on 100k, others don't. For my part, since that's less than 50% of my current salary if I were making that 20 years down the road in my 50s I would not be thrilled.[/quote] That's introducing a new element - of course some people will be happy with $100k and others not. The discussion was whether someone earning $100,000 was stuck in the lower-middle class or could afford an upper-middle class lifestyle, and it seems they can, depending on how one defines upper-middle class lifestyle. But we've seen people in that income range have house cleaners, gardeners, travel internationally, max out retirement savings, etc., and I classify that as upper-middle. There are also other factors to consider, such as whether one has worked steadily throughout the years. I, for example, left the rat race and age 33 and re-entered at 48, and was glad to get an offer near $100,000 after that absence.[/quote]
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