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ProfessorGAC

(66,070 posts)
23. Passing, Because...
Thu Jan 19, 2023, 10:25 AM
Jan 2023

...more than one apply.
I'd say our retirement income puts us in upper middle class. Yes, our assets are well into 7 digits but when that's income generating capital it doesn't have quite the impact that "multimillionaire" evokes. Besides that word means to 999 million. That covers too much space.
Suffice it to say there will be no tag days for us in our town.

Seems to me a measure of self-deception bucolic_frolic Jan 2023 #1
Here's a handy dandy calculator! 50 Shades Of Blue Jan 2023 #2
Thanks for that! mvd Jan 2023 #3
:) 50 Shades Of Blue Jan 2023 #4
According to your link, I am definitely lower income now mvd Jan 2023 #5
I am so sorry to hear that. As retired Feds, my husband and get comfortable pensions, 50 Shades Of Blue Jan 2023 #10
Says I'm middle (not upper or lower) jimfields33 Jan 2023 #6
Should be based on your net worth, not income. n/t Yavin4 Jan 2023 #8
It definitely should take net worth into account - Ms. Toad Jan 2023 #11
My B-I-L is in the same boat. DFW Jan 2023 #14
Apparently, I'm in the upper income bracket and the majority of people like me are. SYFROYH Jan 2023 #25
Being "well off" is relative. Compared to what? phoenix75 Jan 2023 #7
That's why I used some flexibility here mvd Jan 2023 #9
I'm personally low income (disabled) Elessar Zappa Jan 2023 #12
That's good they have the pension mvd Jan 2023 #13
That's a tough situation. Elessar Zappa Jan 2023 #15
Yeah, second try mvd Jan 2023 #16
Get a lawyer. Elessar Zappa Jan 2023 #17
Also... write your congressperson Takket Jan 2023 #19
Yep, my rep is a Dem mvd Jan 2023 #28
It depends on what you mean by "well off". elocs Jan 2023 #18
You make a good point Sympthsical Jan 2023 #20
This is weird Sympthsical Jan 2023 #21
+1 Emile Jan 2023 #22
Yup nt XanaDUer2 Jan 2023 #24
I was genuinely curious mvd Jan 2023 #27
Totally agree this is weird Firehawk Jan 2023 #29
Passing, Because... ProfessorGAC Jan 2023 #23
I'd label myself as middle class Victor_c3 Jan 2023 #26
Latest Discussions»General Discussion»How well off financially ...»Reply #23