Data is wrong IMO. The middle class is 500k-1M. And heavily depending on the area you life.

In the middle of nowhere, 500k can be middle-class.

In a booming area, 2M can be middle class.

The middle class in the classic meaning is "owning a house dept free" at a minimum.

Everything else is in the economic matter "poor".

But you told that already. In the past the meaning was different.

In the future will be middle class " renting a home and owning nothing".

But the lifestyle is a lot different too.

What i see is people spend a lot of money on stuff that has literally no resell value all day long.

Licenses for software and freedom activity. Fun and expensive consumer goods are more in favor of buyers than saving money and investing it.

Bad financial education.

In the last 50 years, the definition of 'middle class' changed greatly. In the next 50 years, the definition of 'middle class' will shift again just as hard, but in the opposite direction. The average person is on the verge of becoming a millionaire by design. Abundance is popping up all around us. All we have to do is show up to collect it and share it with others while building community.

Sounds good, but I don't think this will happen. For that, the avg need to understand how interest rates work.

Needs more financial education, less value spending on things they don't need.

Investing in the 20s is more valuable than investing in the 30s and so on.

It will never change "money" or "value" needs to be valuable and will always need work and have risks.

Maybe you are right and the future will be Disney land, but I don't think so.

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