“The “American Dream” costs far more than most people will earn over their lifetime”
December 19, 2023
“The “American Dream” costs about $3.4 million to achieve over the course of a lifetime, from getting married to saving for retirement, according to a recent analysis from financial site Investopedia. Meanwhile, median lifetime earnings for the typical U.S. worker stand at $1.7 million, earlier research from the Georgetown University has found…
Another analysis, from USA Today, found that funding the American Dream costs about $130,000 a year for a family of four. Median household income stands at about $74,450, according to the Census Bureau…”
https://www.cbsnews.com/news/american-dream-cost-3-4-million-house-college-cars-retirement/