Seven figure net worth is probably as close as you can come to “middle class,” at least in the more expensive states. In most areas, you’ll live comfortably but still have to work ~40 hrs/week until you’re 60-65.
Of course there are exceptions, if you have good employer insurance that doesn’t deny a quarter of all claims you might not go broke from medical expenses, but that also means paying a much higher monthly premium.
There’s also of course huge variety in the cost of living. A million dollars in Seattle or Los Angeles might get you a small house, but a million dollars in Atlanta or Indianapolis will get you something much nicer.
Seven figure net worth is probably as close as you can come to “middle class,” at least in the more expensive states. In most areas, you’ll live comfortably but still have to work ~40 hrs/week until you’re 60-65.
Of course there are exceptions, if you have good employer insurance that doesn’t deny a quarter of all claims you might not go broke from medical expenses, but that also means paying a much higher monthly premium.
There’s also of course huge variety in the cost of living. A million dollars in Seattle or Los Angeles might get you a small house, but a million dollars in Atlanta or Indianapolis will get you something much nicer.