Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Y'all need a reality check. These people are living an UMC/upper class lifestyle. They are rich. They are paying ridiculous prices for a whole bunch of stuff that a truly middle class family would never even consider.

In San Francisco, the most expensive city in the US, $350,000 is upper class.

https://www.pewresearch.org/fact-tank/2018/09/06/are-you-in-the-american-middle-class/

Y'all talk like children. It doesn't matter how much money you make, there's always a way to spend all of it and complain that you can't afford something else.

Yes, but "upper class" according to this site is anyone in the top 30%. I don't personally think of the top 30% as upper class. Most people in the top 30% are working professionals. Yes, they have advantages, but those advantages all go away if they lose their cushy jobs.

FWIW the logic of "It doesn't matter how much money you make, there's always a way to spend all of it and complain that you can't afford something else." is also the logic of children. Isn't the GOP saying this about welfare recipients right now?

Are you just making up numbers? In the DC metro region, 17% make $200K HHI and higher. The middle class is roughly the middle 50% of the earning curve, 25th percentile to the 75th percentile. $200K and higher at the 83rd percentile and up certainly seems upper class.

Source: https://datausa.io/profile/geo/washington-dc/

Are you making up numbers too?

Anonymous wrote:

Anonymous wrote:With a 350K HHI, 50+ Single income family this is where we are at and we feel very wealthy-
1) Great retirement (200K after taxes yearly, not counting social security)
2) Good enough college (4 years of state school each kid + 1/2 million each for other costs and higher learning)
3) Insurance (Life and disability insurance that will be enough for the SAHM to never go back to work, downsize etc)
4) No debt (except the 2K in monthly mortgage).
5) Great medical coverage - presently and after retirement
6) Services at home (cleaners, yard maintainence)
7) Vacations (twice a year, international)

We live in a low COL area in DCUM, new SFH over 3000sq ft, no student debt, no other costs. What kind of moron cannot be set for life with a 350K HHI or even 200K HHI? The entitlement on DCUM is amazing.

I don’t think entitlement is the right word, it’s more like cluelessness.

I wish there were a show like “Wife-Swap” except it would be “Life-Swap” and all these 250k+ HHI families in high COL areas swapped places with 52k-70k families (the actual median) in low COL areas. They would be really surprised at the difference.

Anonymous wrote:With a 350K HHI, 50+ Single income family this is where we are at and we feel very wealthy-
1) Great retirement (200K after taxes yearly, not counting social security)
2) Good enough college (4 years of state school each kid + 1/2 million each for other costs and higher learning)
3) Insurance (Life and disability insurance that will be enough for the SAHM to never go back to work, downsize etc)
4) No debt (except the 2K in monthly mortgage).
5) Great medical coverage - presently and after retirement
6) Services at home (cleaners, yard maintainence)
7) Vacations (twice a year, international)

We live in a low COL area in DCUM, new SFH over 3000sq ft, no student debt, no other costs. What kind of moron cannot be set for life with a 350K HHI or even 200K HHI? The entitlement on DCUM is amazing.

Anonymous wrote:With a 350K HHI, 50+ Single income family this is where we are at and we feel very wealthy-
1) Great retirement (200K after taxes yearly, not counting social security)
2) Good enough college (4 years of state school each kid + 1/2 million each for other costs and higher learning)
3) Insurance (Life and disability insurance that will be enough for the SAHM to never go back to work, downsize etc)
4) No debt (except the 2K in monthly mortgage).
5) Great medical coverage - presently and after retirement
6) Services at home (cleaners, yard maintainence)
7) Vacations (twice a year, international)

We live in a low COL area in DCUM, new SFH over 3000sq ft, no student debt, no other costs. What kind of moron cannot be set for life with a 350K HHI or even 200K HHI? The entitlement on DCUM is amazing.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Middle class people do not own $1.8m houses. Nor do they spend $24,000 on preschool. Or $2,000 a month on food.

What a stupid article.

This^

Insulting to the other 90% to claim otherwise, but what do you expect from a website called “marketwatch” when most of us don’t own stocks. Or even have any savings. https://www.cnbc.com/2017/06/19/heres-how-many-americans-have-nothing-at-all-in-savings.html

You don’t have any retirement savings? You are not middle class.

Pretty sad then that half of America isn’t middleclass.

They are lower class/LMC. Those with a few million are middle class. 10s of millions, UMC. 100s of millions, upper class. It is a skewed curve. Everyone wants it to be a perfect bell curve amd it’s not.

People with a few million dollars are not middle class, no matter how you draw the curve.

Proof please? You definitely need a few million in the bank if you want a middle class retirement.

The vast majority of this country will never have a few million in the bank for retirement. So are we saying there is basically no middle class?

You need to make a lot more to be in the middle class than you used to. OR have a good pension- lots of government employees, law enforcement, etc. are borderline on salary and couldn’t save enough if they had to on their own but get a pretty generous pension.

The death of the pension is what screwed the middle class. It’s very hard to save enough in your 401k to replace a pension unless you have a pretty high paying job.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Y'all need a reality check. These people are living an UMC/upper class lifestyle. They are rich. They are paying ridiculous prices for a whole bunch of stuff that a truly middle class family would never even consider.

In San Francisco, the most expensive city in the US, $350,000 is upper class.

https://www.pewresearch.org/fact-tank/2018/09/06/are-you-in-the-american-middle-class/

Y'all talk like children. It doesn't matter how much money you make, there's always a way to spend all of it and complain that you can't afford something else.

Yes, but "upper class" according to this site is anyone in the top 30%. I don't personally think of the top 30% as upper class. Most people in the top 30% are working professionals. Yes, they have advantages, but those advantages all go away if they lose their cushy jobs.

FWIW the logic of "It doesn't matter how much money you make, there's always a way to spend all of it and complain that you can't afford something else." is also the logic of children. Isn't the GOP saying this about welfare recipients right now?

Are you just making up numbers? In the DC metro region, 17% make $200K HHI and higher. The middle class is roughly the middle 50% of the earning curve, 25th percentile to the 75th percentile. $200K and higher at the 83rd percentile and up certainly seems upper class.

Source: https://datausa.io/profile/geo/washington-dc/

Anonymous wrote:

Anonymous wrote:Y'all need a reality check. These people are living an UMC/upper class lifestyle. They are rich. They are paying ridiculous prices for a whole bunch of stuff that a truly middle class family would never even consider.

In San Francisco, the most expensive city in the US, $350,000 is upper class.

https://www.pewresearch.org/fact-tank/2018/09/06/are-you-in-the-american-middle-class/

Y'all talk like children. It doesn't matter how much money you make, there's always a way to spend all of it and complain that you can't afford something else.

Yes, but "upper class" according to this site is anyone in the top 30%. I don't personally think of the top 30% as upper class. Most people in the top 30% are working professionals. Yes, they have advantages, but those advantages all go away if they lose their cushy jobs.

FWIW the logic of "It doesn't matter how much money you make, there's always a way to spend all of it and complain that you can't afford something else." is also the logic of children. Isn't the GOP saying this about welfare recipients right now?

Anonymous wrote:Y'all need a reality check. These people are living an UMC/upper class lifestyle. They are rich. They are paying ridiculous prices for a whole bunch of stuff that a truly middle class family would never even consider.

In San Francisco, the most expensive city in the US, $350,000 is upper class.

https://www.pewresearch.org/fact-tank/2018/09/06/are-you-in-the-american-middle-class/

Y'all talk like children. It doesn't matter how much money you make, there's always a way to spend all of it and complain that you can't afford something else.

Anonymous wrote:

Anonymous wrote:With a 350K HHI, 50+ Single income family this is where we are at and we feel very wealthy-
1) Great retirement (200K after taxes yearly, not counting social security)
2) Good enough college (4 years of state school each kid + 1/2 million each for other costs and higher learning)
3) Insurance (Life and disability insurance that will be enough for the SAHM to never go back to work, downsize etc)
4) No debt (except the 2K in monthly mortgage).
5) Great medical coverage - presently and after retirement
6) Services at home (cleaners, yard maintainence)
7) Vacations (twice a year, international)

We live in a low COL area in DCUM, new SFH over 3000sq ft, no student debt, no other costs. What kind of moron cannot be set for life with a 350K HHI or even 200K HHI? The entitlement on DCUM is amazing.

Well, while still not poor by any means, a dual-income $200k HHI household in the DMV with a couple kids in daycare and some student loans (pretty common these days) is a bit different than a single income $350k HHI. But hey if it makes you feel better about yourself to call names, have at it!

Anonymous wrote:With a 350K HHI, 50+ Single income family this is where we are at and we feel very wealthy-
1) Great retirement (200K after taxes yearly, not counting social security)
2) Good enough college (4 years of state school each kid + 1/2 million each for other costs and higher learning)
3) Insurance (Life and disability insurance that will be enough for the SAHM to never go back to work, downsize etc)
4) No debt (except the 2K in monthly mortgage).
5) Great medical coverage - presently and after retirement
6) Services at home (cleaners, yard maintainence)
7) Vacations (twice a year, international)

We live in a low COL area in DCUM, new SFH over 3000sq ft, no student debt, no other costs. What kind of moron cannot be set for life with a 350K HHI or even 200K HHI? The entitlement on DCUM is amazing.

Anonymous wrote:With a 350K HHI, 50+ Single income family this is where we are at and we feel very wealthy-
1) Great retirement (200K after taxes yearly, not counting social security)
2) Good enough college (4 years of state school each kid + 1/2 million each for other costs and higher learning)
3) Insurance (Life and disability insurance that will be enough for the SAHM to never go back to work, downsize etc)
4) No debt (except the 2K in monthly mortgage).
5) Great medical coverage - presently and after retirement
6) Services at home (cleaners, yard maintainence)
7) Vacations (twice a year, international)

We live in a low COL area in DCUM, new SFH over 3000sq ft, no student debt, no other costs. What kind of moron cannot be set for life with a 350K HHI or even 200K HHI? The entitlement on DCUM is amazing.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Middle class people do not own $1.8m houses. Nor do they spend $24,000 on preschool. Or $2,000 a month on food.

What a stupid article.

This^

Insulting to the other 90% to claim otherwise, but what do you expect from a website called “marketwatch” when most of us don’t own stocks. Or even have any savings. https://www.cnbc.com/2017/06/19/heres-how-many-americans-have-nothing-at-all-in-savings.html

You don’t have any retirement savings? You are not middle class.

Pretty sad then that half of America isn’t middleclass.

They are lower class/LMC. Those with a few million are middle class. 10s of millions, UMC. 100s of millions, upper class. It is a skewed curve. Everyone wants it to be a perfect bell curve amd it’s not.

People with a few million dollars are not middle class, no matter how you draw the curve.

Proof please? You definitely need a few million in the bank if you want a middle class retirement.

The vast majority of this country will never have a few million in the bank for retirement. So are we saying there is basically no middle class?

You need to make a lot more to be in the middle class than you used to. OR have a good pension- lots of government employees, law enforcement, etc. are borderline on salary and couldn’t save enough if they had to on their own but get a pretty generous pension.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Middle class people do not own $1.8m houses. Nor do they spend $24,000 on preschool. Or $2,000 a month on food.

What a stupid article.

This^

Insulting to the other 90% to claim otherwise, but what do you expect from a website called “marketwatch” when most of us don’t own stocks. Or even have any savings. https://www.cnbc.com/2017/06/19/heres-how-many-americans-have-nothing-at-all-in-savings.html

You don’t have any retirement savings? You are not middle class.

Pretty sad then that half of America isn’t middleclass.

They are lower class/LMC. Those with a few million are middle class. 10s of millions, UMC. 100s of millions, upper class. It is a skewed curve. Everyone wants it to be a perfect bell curve amd it’s not.

People with a few million dollars are not middle class, no matter how you draw the curve.

Proof please? You definitely need a few million in the bank if you want a middle class retirement.

The vast majority of this country will never have a few million in the bank for retirement. So are we saying there is basically no middle class?