Originally Posted by AustinChief
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.
Rich? No, definitely not rich. But definitely the high end of the middle class.