Most middle class people with money in the market have it in an Ira, 401k, Roth, or some similar investment. Only idiots put every penny they have in a taxable account.
Ahhhhhhhhhhhh...but that isn’t the ONLY topic ( IRA/401K ) that you have included in your posts. Some of which you just talk about as “investing”. And you DID claim that you “live off your investments and a farm; which means that THAT money IS taxable!
Actually, 401(k) withdrawals are taxable income.