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Upper middle class: Households in the 60th to 80th percentile, with incomes between $89,745 and $149,131. Upper class: The top 20% of earners, ... You Own Real Estate.
“Upper-middle-class individuals often have more diversified investment portfolios — including higher-risk investments and investments that require more money upfront, like real estate.”
5 Tips To Go From Middle Class to Upper-Middle Class Increase Your Household Income “Income adjustments are typically harder to do, but more impactful on mobility,” Maitre said.
There is considerable debate as to how the upper middle class might be defined. According to Max Weber, the upper middle class consists of well-educated professionals with graduate degrees and comfortable incomes. The American upper middle class is defined using income, education, occupation and the associated values as main indicators. [2]
Sociologists Dennis Gilbert, William Thompson, and Joseph Hickey, however, only divide the middle class into two groups. In their class modes the middle class only consists of an upper and lower middle class. The upper middle class, as described above, constitutes roughly 15% of the population with highly educated white collar professionals.
Hathai said, “For the upper middle class aiming to reach the next level of wealth in 2024, the strategy involves a blend of increasing and diversifying income sources, making astute investment ...
“The upper middle class has access to opportunities that go beyond traditional stock market investments, and taking advantage of them can create long-term financial security,” said Andrew ...
Women of the Upper Class. Temple University Press. ISBN 978-0-87722-475-4. Phillips, Kevin P. Wealth and Democracy: A Political History of the American Rich, Broadway Books 2003, ISBN 0-7679-0534-2; Story, Ronald. (1980) The Forging of an Aristocracy: Harvard & the Boston Upper Class, 1800-1870; Synnott, Marcia.