Reply to Make 350k-400k, feel middle class

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yep.  We're over $300K and have a lot in college and retirement savings (and a nice cash pas in the bank) but I don't feel I could throw $60K at a kitchen Reno without batting an eye, I don't buy expensive clothes, we drive an $11k car, and only own one!  We do not live extravagantly and I feel comfortable but I can't fathom how people afford to save when they make less $.  My brother makes $250k a year and confessed he doesn't have any $ saved for his 12 year olds college!  I think keeping up w/ the joneses is half the problem. [/quote]

We are similar- We make around $350K, have a nice lifestyle (two vacations/year), go to nice events,  live in nice house.  We've saved over $2M and I still shop at TJMaxx because I know we have to pay for 2 college educations and our retirement.  [/quote]

This is not a middle class lifestyle.

Middle class is:

Small house that probably needs the kitchen and bathroom(s) updated
Older car
Giving your kids a bit for college. Maybe covering books or a year of tuition. Certainly not funding it all. 
Camping for vacation or driving to the nearby beach for a long weekend and staying at a cheaper hotel.

What people think is middle class is crazy [/quote]

That is what 350k gets you in DC[/quote]

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