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The American Dream Now Costs $4.4 Million
The American Dream now costs an estimated $4.4 million over a lifetime, covering milestones like marriage, raising children, homeownership, new cars, retirement savings, and vacations.
This figure exceeds the lifetime earnings of most individuals but aligns with potential dual-income household earnings.
On average, U.S. households with two earners holding Bachelor’s degrees earn $5.6 million over their careers.
However, the $4.4 million estimate doesn’t include essential living costs like food, healthcare, and insurance.
Structural issues like the racial wealth gap, gender wage gap, and rising living costs make achieving the American Dream challenging for many.
The concept of the American Dream varies, and this analysis reflects only some associated costs.
Take a look below on how investopedia broke down on how The American Dream Now Costs $4.4 Million.
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