The delineation between America’s middle class and its subset of “upper-middle” class can be a murky one, especially on a state-by-state basis. Each state has its own definition of middle class based on its unique cost-of-living factors. That said, determining the line between middle class and upper-middle class can be a useful tool for a…
New York is home to more affordable locales than you may realize. A new in-house GOBankingRates study has uncovered 20 places where the cost of living is just under $37,000 annually. And some of these cities include popular tourist destinations. For this study, GOBankingRates studied New York cities with a 5,000 total population (minimum) and…
Investment maestro Warren Buffett once offered his wealth-building wisdom for the upper class. Buffett advises the upper class on strategies to further grow their wealth. Representing only about 2% of the U.S. adult population, this group has a median household income of $256,900. Buffett’s guidance includes the practice of value investing, a strategy that involves picking stocks…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For high earners, saving for retirement isn’t just about discipline — it’s about standing out from the pack. Many in the upper class work long hours, juggle demanding careers, and quietly pile money into their 401(k) year after…
(NewsNation) — Few are winning in today’s housing market, but that doesn’t mean affordability will be out of reach forever. A new Redfin analysis suggests housing costs could return to “normal” by 2030 if price growth stabilizes, incomes continue to rise and mortgage rates dip to 5.5%. “The path back to normal housing costs doesn’t…