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Bronzebeard@lemmy.zip ⁨3⁩ ⁨days⁩ ago

Any wealth over 1 million

So you don’t understand the value of money, got it. This isn’t even a decent retirement anymore. And that’s if it’s all invested assets. Not even including the absurdity of housing values these days. You can only pull 35-40k from that without hitting the principal.

You can reach 1 million in assets over a decade or so as a middle class worker.

Stop drawing your lines in the sand through your fellow workers! You kill any support you might have with this idiotic crab in a bucket mentality.

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demonsword@lemmy.world ⁨3⁩ ⁨days⁩ ago

You can reach 1 million in assets over a decade or so as a middle class worker.

This might be true in a rich 1st world country. For a small subset of “middle class worker”, most live paycheck to paycheck, barely scraping by.

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- Bronzebeard@lemmy.zip ⁨3⁩ ⁨days⁩ ago
  …yeah, this is in USD, we’re working with a specific assumption of population here. Also, definitionally, anyone barely scraped ng by is NOT middle class. That’s the entire point of the designation.
  
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