Originally Posted by erio
I have not lost my perspective. I just think that the term "rich" is relative. 250k makes up about the top 1.5% of households.
Yes, but earlier, you posted that you considered an income of $350k "upper middle class", and yet now you are saying an income of $250k puts you in the top 1.5%.
Lower Middle=20-40th percentile
Upper Middle=60-80th percentile
Upper=80th percentile and up
I agree it is all a matter of definition, but how can you call the 99th percentile "upper middle class"?