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Reply to "Upper-Middle Class vs Middle-Class Lifestyles"
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[quote=Anonymous]This list makes little sense - it's very black and white. We live in a small older house in SS, send kids to public and take an annual beach vacation but I have a hard time saying we are middle class. Our HHI based on salary is 320K + bonuses ranging from 30-70K depending on the year. We have no debt other than mortgage and a small car payment, and have over a decade of equity in our home, a really healthy retirement and college funds. Kids are in school and I have a very flex schedule so very little childcare costs during the school year. We could easily move into a million dollar home and thus hit a lot of the UMC things on your list, but we love our house (and have steadily done improvements since we moved in, so it's actually really nice), we love our neighborhood, live on a quiet street, have a great community and good walkability, and kids are thriving in school. There are plenty of people living in crappy homes in nicer places. And there are plenty of people in crazy debt living beyond their means that are taking the vacations you describe and can't afford them. Retirement is a mess in this country. [/quote]
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