Anonymous wrote:The mistake most people make is conflating wealth with class.

They are mostly inseparable in the US. Class is basically where you live, income, assets and education background.

The mistake most people make is conflating wealth with class.

Anonymous wrote:If you have to work for a living, you’re working class.
If you can live off investments and not elderly, you’re wealthy.

There’s no other meaningful distinctions.

That’s silly. If I make $1M/year and have $5M in investments, and I’m in my 40s, and my family and I like to live large, we’re still wealthier than the retiree with $1M who lives comfortably on social security and investment income. He doesn’t have to work for a living, but I’m still richer.

Anonymous wrote:My make $20k a year working very part time. My investments bring in $200k a year. Not having to work for money was always the goal. Still middle class?

What investments?

Anonymous wrote:If you have to work for a living, you’re working class.
If you can live off investments and not elderly, you’re wealthy.

There’s no other meaningful distinctions.

God I hate people who say this

If you have to work for a living, you’re working class.
If you can live off investments and not elderly, you’re wealthy.

There’s no other meaningful distinctions.

Anonymous wrote:Me (no matter who is speaking): Middle Class
Anyone who asked more: Upper Class
Anyone who makes less: working class and lower middle

Correct

My make $20k a year working very part time. My investments bring in $200k a year. Not having to work for money was always the goal. Still middle class?

Anonymous wrote:Anything below 150k is poor. Middle class is 150k-300k, UMC is 300-1M, upper is 1M+

lol

Anonymous wrote:Anything below 150k is poor. Middle class is 150k-300k, UMC is 300-1M, upper is 1M+

That's about right, but below 90k is poor

Anything below 150k is poor. Middle class is 150k-300k, UMC is 300-1M, upper is 1M+

Let's see: how many ways can we possibly ask this question?

This is an endless debate on DCUM.

British class system from my understanding is aristocracy/middle class (professionals)/working class (blue collar).

US seems more income-based.

Me (no matter who is speaking): Middle Class
Anyone who asked more: Upper Class
Anyone who makes less: working class and lower middle

The other thread about the middle class earner only bringing in a million dollars a year got me thinking.

What is the definition of working, lower, middle, and upper class?