“Did you know that in order to live comfortably, as if you were living in the 1950s, you would need to make $173,000 per year. That is what middle class is.” Is she correct? Video(:39)

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“Did you know that in order to live comfortably, as if you were living in the 1950s, you would need to make $173,000 per year. That is what middle class is.” Is she correct? Video(:39) (twitter.com)

1950s

1 Income 2 Cars Man, Wife, 2.7 kids Nice 4 bedroom home with garage 2 or more Family vacations per year Possibly a 2nd home or Camp Whole Life Insurance policies Pension Healthcare

$173K sounds realistic, don't forget what income tax will do to this number.

1950s 1 Income 2 Cars Man, Wife, 2.7 kids Nice 4 bedroom home with garage 2 or more Family vacations per year Possibly a 2nd home or Camp Whole Life Insurance policies Pension Healthcare $173K sounds realistic, don't forget what income tax will do to this number.

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And lately we have people telling us that the retirement age should be abolished.

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