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      11-14-2011, 10:06 PM   #91
LarThaL's Avatar
Drives: 2011 M3
Join Date: Apr 2011
Location: West Springfield, MA

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Originally Posted by erio View Post
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%.

How's this:

Poor=bottom 20%
Lower Middle=20-40th percentile
Middle=40-60th 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"?
Precision tool: 2011 BMW ///M3
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