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Reply to "s/o - feeling "poor" at these ludicrously high incomes. what are they actually missing?"
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[quote=Anonymous]I think middle class should start at 100k. It sounds outrageous but if we are to keep with what middle class has meant traditionally here and around the Western world (home ownership with good schools, 1 or 2 cars, a vacation every year, savings, college and not living paycheck to pay check) then we should start at 100k. And very often, especially if you live in a higher COL, you won't feel terribly comfortable on that. People make less and do OK but it is by living very frugally. What we will see if we use that threshold is that most people are not middle class and, frankly, I think that accurately describes where we're at & the despair/disappointment many Americans feel. [/quote]
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