This week’s first communiqué on the hopelessness of the former middle class comes courtesy of the Pew Charitable Trusts, the organization which has been doing an estimable job of tracking the descent ...
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You may be lower-class in retirement if your Social Security is below this
Retirement security in the United States increasingly hinges on a single number: the size of your monthly Social Security ...
Social classes go way back to at least the Middle Ages — but classes such as the “lower class” and the “lower middle class” didn’t become a prominent part of our sociological lexicon in the U.S. until ...
Class identity, which is how individuals view their economic and social positions in relation to others, has wide-ranging ...
In an achievement-oriented society, it's easy to feel "stuck" regardless of your financial standing. However, specific socioeconomic clues can distinguish one's position firmly within the lower class, ...
We’ve all heard terms like “middle class,” “lower class,” and “upper class,” but what do they really mean today? Class isn’t just about income or a number on a paycheck; it also reflects the types of ...
The American economic landscape is changing nearly every day and if you are not paying attention, you might miss out on what’s happening and where you fall into the hierarchy. You might not think you ...
Those who fall into the lower social class may have more wisdom than individuals with more wealth, according to a new study. The research—published Wednesday in the journal Proceedings of the Royal ...
The share of middle class Americans has fallen in the last 50 years. And while most (51%) are still middle class, according to the Pew Research Center, it makes sense to question how those classes are ...
Despite a slowly recovering economy, the proportion of Americans who identify themselves as middle class has dropped sharply in recent years. Today, about as many Americans identify themselves as ...
Though terms like these can’t fully encapsulate people’s specific financial realities, they can be useful. The differences between how the lower middle class and upper middle class are living can ...
A Pew Research Center report released in December found that there are now roughly as many adults in middle-income households as in lower- or upper-income households – a decided shift from four ...
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