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Reply to "Can we stop referring to households making $200 or 300K a year as "middle class"?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think we need a new name for the group that is above $200k and below $500k. Upper middle class doesn't seem to cut it. How about lower upper class?[/quote] or working upper class?[/quote] This is what our firm calls them. The working wealthy, although we talk in reference to net worth, not salary. This is the lowest level of wealthy. IMO, in this area I'd probably start this group at $300k, because $200k doesn't go far if you have small kids and want your commute to be under an hour. [/quote]
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