Originally Posted by DaneMcCloud
Dude, $75k a year for a family is the top end of middle class.
If you're pulling down more than a $100k a year for a family of four, in most cities, you're living very comfortably in a $325-$400k home in a nice neighborhood. You're not struggling and living paycheck to paycheck, which IMO, is the definition of the middle class.
So says YOU. The entire model is fine for 1950s thinking. In today's world it is a complete waste of time and energy to try to shove things into a model that simply makes NO sense in reality. It represents NOTHING of value.
And it's fine for you to have your definition of middle class, it seems everyone has a different one.
BUT.. you are saying that $100k for a family of four with BOTH parents working for $50k each is RICH? That's a joke. I can't imagine anyone in that situation would feel very rich. Not a chance in ANY city outside of some complete rural area with DIRT CHEAP cost of living.