| >If it is reasonable to survive on $51,200 then a family on $100k could reasonably be saving the balance $48,800 a year. yep, it sure would be possible in theory. Although in practice I don't think that's how it is for most people. Also in a range of 50 - 150k obviously you have to assume that 50k is in the poorest parts of the country, and of course there is nothing saying that only nuclear families or larger can be middle class so I guess, a young single guy could be middle class. so let's say https://www.businessinsider.com/personal-finance/how-much-to... California $111,206 $80,440 Tennessee $50,629 $56,071 In the case of Tennessee you might be earning enough at 50k a year to be ok, but it seems unlikely that in your region and class you will be getting the chance to invest in Amazon. on edit: the money per year, first number middle class income in region, second number median income in region |
It was a bit over the top, but uncomfortably close to the truth.