re: 51% of 30 year olds make more than their parents did at 30;down from 92% in 1970

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Just maybe a slight difference in opinion of where one may struggle to meet the financial burdens. My parents probably made 70k combined for most of my life. They did not struggle to pay for my college, or save retirement. So is that upper class? And I'm not saying I'm struggling to do those things making 200k (and that was one year where I was given a lot of bonuses). I'm not struggling now. If you say not struggling to afford college or retirement is upper class, than I'll take that title I guess. But then I think a lot of people will suddenly get lumped as upper class when you would otherwise consider them middle.

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obviously there will be outliers because some people suck at managing money and some are great (ex. your parents)

these are generalizations

I think there was a study a few years ago that $75k was the threshold for a comfortable lifestyle in the US, that at the point, you should be able to afford all the basic needs for a family of 5, after that, it was just the size of the toys got larger