re: What do you consider "Upper Middle Class"?

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80-100k middle class 120ish-150k upper middle 150-200k well off 200-300k upper class Something close to these figures.

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Not bad.

From Forbes:

An entry ticket to the 1% starts with an annual income of about $394,000 (says Berkeley’s Emmanuel Saez) or about $1.5 million in liquid assets (my zestimate). Post-tax and retirement savings, that’s about $220,000 a year while they are working. These are national norms. If they happen to live on the coasts or near a major urban center, as is more than likely, they might need twice as much money to crash into the 1% by local standards.

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Upper middle class is like the owner of a successful small business, an executive of a medium sized business, a successful doctor, dentist, or lawyer, ect.

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The successful dentist I am related to has a $600k or so home, owns outright his camp that's now nicer than my new house, center console bay boat, cleaning people, car washing people, landscapers, and owns outright the building his practice is in. Must be waaaaaaaaaaay upper MC.

there is a big difference between social status which most refer to as "class" and socioeconic class

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I always consider it a family that has at least one advanced professional (doctor, dentist, successful lawyer, etc).

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thank you for proving my point

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I always consider it a family that has at least one advanced professional (doctor, dentist, successful lawyer, etc).

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Definition by education.

Had a professor in college who proved this point but saying name some American families whom would be in the Upper echelon of social class. Someone immediately said the Kennedy's. Teacher used this as perfect example. The kennedy's would never be true upper ecehelon because family was rich from bootlegging and kennedy's would be excluded from top upper class. I can tell by many of the comments that ya'll have these concepts wildly confused

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I'd say 75%-85% if not more, of the people working offshore are making 6 figures

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Come again?

Median income does not equal middle class. Two distinct concepts.

I'd say upper middle class is combined family income is pushing 200k.

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I'd say upper middle class is combined family income is pushing 200k.

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I'd say they have the potential to be upper middle class if they do the right things with their money.

I'm 26 and have no kids. My fiance and I make over 100k household.

I have barely any liquid income though because its all in Roths and 401ks or spent. I also don't own a home yet (next year probably).

I am not upper/middle class because I've had no time to save money. Income is not a good indicator, but rather overall wealth.