Understanding the Middle Class in 2025

What percentage of the United States considers a $150,000 salary as middle class according to CNBC?

• 50%

• 46%

• 75%

• 23%

According to the Pew Research Center, what is the income range for a middle-class household?

• $80,000 to $180,000

• $70,000 to $212,000

• $50,000 to $150,000

• $100,000 to $200,000

How many years of median income did it take to afford a home in 1974?

• 7.32 years

• 5 years

• 2.5 years

• 3.6 years

What is the median home price in San Francisco as mentioned in the video?

• $2 million

• $1.549 million

• $1.2 million

• $1 million

In which city can a $150,000 salary provide a more comfortable lifestyle due to lower living costs?

• Kansas City

• Los Angeles

• San Francisco

• New York

What is a key factor in feeling financially secure according to the video?

• Absolute purchasing power

• Relative purchasing power

• Owning multiple properties

• Having a high credit score

What is one suggested method to save on recurring bills?

• Use only one service provider

• Pay bills late

• Ignore promotional pricing

• Call providers regularly to negotiate

What is the recommended contribution to a Roth IRA to potentially reach over $1.44 million?

• $250 a month

• $500 a month

• $100 a month

• $400 a month

What is a benefit of switching jobs according to the video?

• Increased job security

• Higher salary potential

• More vacation time

• Less responsibility

What is the average stock market return used in the Roth IRA example?

• 5%

• 7%

• 12%

• 10%