Reply to 200k HHI is just getting by Six-Figure Salary No Longer Means You're Rich 5k leftover see this chart

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Reply to "200k HHI is just getting by Six-Figure Salary No Longer Means You're Rich 5k leftover see this chart"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]People, people, people. 
Each post from above is indeed a post by a person whom is NOT rich.  It is the situation we live in, where there is no real wage growth.  Sure, I agree, $200K looks great on paper.  But it is in no way rich.  I make about $350K and I am by no means rich.  
However, take note, voters:
if you make $250K or more, Obama and his pals consider you part of the 1%, and, somehow, the govt is trying to tax you more. Pay attention.  You aren't rich, but, if the govt feels you are rich, then the PC wage gap people will do something about it.  [/quote]

You're nuts.  Unless you have three kids or bought an overly expensive home then you're doing something wrong.  We make over 350k and save over 140k in a bad year.  We weren't able to save this much in a higher col city than DC because housing costs were much higher and so were taxes.

Also taxes really haven't increased much over Obama.  There's the Medicare surcharge and that's really it.  Also check out trump's platform because he also thinks you're rich at 250k.  [/quote]

Saving over 140k every year does not make you financially rich. Having a multimillion dollar house, multiple vacation houses, buying million dollar cars without batting an eye are some of the things that make you qualify as rich. The world has changed and most of us are wage slaves, some doing marginally better than others financially. FWIW we save over 200k annually apart from 401k and 529s and I would never say we are rich. The truly rich are out of our league.[/quote]

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