Great for these people, but will there be such opportunities for their children?
I thought I did well for myself, finding myself among the middle class, the end is on the horizon.
I thought I did well for myself, finding myself among the middle class, the end is on the horizon.
Yes, assuming they grew up in a household in the 70th percentile or above [0] income bracket and/or are on good terms with your parents and siblings.
At the end of the day, the family unit matters because intergenerational wealth has always been important.
> I thought I did well for myself, finding myself among the middle class, the end is on the horizon
Are you maxing out your Roth 401K (and if possible) your Roth IRA as well while also keeping fixed costs like rent or mortgage at around 40% of post 401K+IRA disbursement?
If so, you have a shot of climbing up into the upper middle class.
Yes there always are.
To Downvoters: This statement is obvious. I'll tell you why then:
In 2008, most of you remember the 2008 crash Don't you? There were opportunities then.
We had the 2020 crash in the Covid era, there were opportunities as well back then.
There will obviously be another crash in this AI hype cycle and the moment the crash arrives, there will certainly be more opportunities from that.
I'll give you a massive head start: crypto, x402 / tempo, energy, and robotics.