I feel like the huge range in the upper class (106k to 461k) is too large to lump everyone into a single group. A person who earns 115k a year has a completely different lifestyle than someone who earns 250k a year. Whereas the top and bottom incomes of the middle to lower classes are likely comparable in terms of life experience.
I feel like the huge range in the upper class (106k to 461k) is too large to lump everyone into a single group. A person who earns 115k a year has a completely different lifestyle than someone who earns 250k a year. Whereas the top and bottom incomes of the middle to lower classes are likely comparable in terms of life experience.
You are focusing on the income too much here… after certain point, there is more to it.
While you are right money wise… 106k could be entry level upper class (30 year old) v 450k end of career exec…
It is really a same guy, just different age.
People under estimate how much age impacts your income and assets, it makes sense tho.
Old geezer with life time of work will be wealthier inherently against everyone who aint a nepo baby.