If my memory is correct, $1,000,000/year will be a middle class salary by 2065. Now, that's the salary of someone about to retire, and assumes that wages keep up with inflation (which they won't), but things are going to get really stupid in the job market over the next few decades.
Remember when making 100k was awesome, a rich sum?! The fact it is now 200k speaks wonders to inflation.
If my memory is correct, $1,000,000/year will be a middle class salary by 2065. Now, that's the salary of someone about to retire, and assumes that wages keep up with inflation (which they won't), but things are going to get really stupid in the job market over the next few decades.
Here in New Jersey if I made 100k I still wouldn't be able to afford a house where I live.