Reply to 31% of millionaires think they're middle class

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Reply to "31% of millionaires think they're middle class"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]As usual the people here are delusional about their wealth and privilege, would you really look the fast food worker in the face and say any of this to them? It’s insulting. Do away with the false modesty and cost of living justifiers and state the truth. You are upper middle class with a toe in the wealthy department. No wonder they want to, “eat the rich” [/quote]

Oh please. We know our audience here. I don’t even live in DC but this is a forum I’ve found where I can talk about money with many others in similar income ranges, or on a path there, or above me. None of us are talking about our incomes this explicitly IRL.

1. HHI $1 million and consider us UMC
2. Feel comfortable, not rich. I live in a LCOL area and have lived in the same neighborhood for 20 years. Didn’t upgrade. I think most of our friends’ income ranges from $150-$300 and yet everyone seems to live the same kind of lifestyle as we do: multiple kids in lots of activities (public school) nice vacations, nice cars, lots of eating out. We save 20% of our income and then spend the rest. We have everything we need and many wants but definitely don’t feel like money isn’t an issue. That’s the feeling that would make me call ourselves rich.
3. $2.5 HHI. In our 40s, we will work for 20+ more years. Assets don’t make me feel rich now because we don’t touch those. Also, our income rose significantly over the last 5 years, so we’re  not close to a net worth that would generate seven figures.[/quote]

$1 million HHI in a LCOL area? You are rich. You would even be rich in DC.[/quote]

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