• Bronzebeard@lemmy.zip
    link
    fedilink
    English
    arrow-up
    7
    arrow-down
    2
    ·
    23 hours 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.

    • demonsword@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      1
      ·
      22 hours 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.

      • Bronzebeard@lemmy.zip
        link
        fedilink
        English
        arrow-up
        4
        ·
        19 hours 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.