I think maybe it's more that $400K feels like a *cap* for "working for a living." Like, that's an *imaginable* salary goal, and we wouldn't want to have it all taxed away from us, but "man if I get to half mil a year sure fine tax me... pshhh like *that* would happen though."
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Yeah... You can buy a house in car outright with that most places...
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I believe this is when they trot out the graph that shows the couple making $400k has minimal savings after paying their mortgage, their summer home mortgage, their month long European vacation, the 5 car loans, the maids, the au pair, the 2.5 private school tuitions, ....
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