It’s not just about owning, it’s about living off what you own. You have to work to live? Working class. You live from passive income? Owner. As you can see, middle class definition is not meaningful in this conversation. In other contexts, sure it matters, but not here
So everyone who retires transitions from the working class to the owner class?
I’m not sure it’s that useful to say that a 70 year old retired engineer is owner class because they’re living off of the stock market returns of their 401k.
It’s not just about owning, it’s about living off what you own. You have to work to live? Working class. You live from passive income? Owner. As you can see, middle class definition is not meaningful in this conversation. In other contexts, sure it matters, but not here
So everyone who retires transitions from the working class to the owner class?
I’m not sure it’s that useful to say that a 70 year old retired engineer is owner class because they’re living off of the stock market returns of their 401k.
No, that’s just called retirement
So what about someone who retires in their 30s?