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The American Dream Now Costs Nearly $1.3 Million

Original: The Biggest Obstacle to the American Dream Now Costs Nearly $1.3 Million

New analysis by Investopedia puts the cost of achieving the traditional American Dream — including homeownership, a car, college for children, retirement savings and other milestones — at nearly $1.3 million over a lifetime. The figure highlights how far out of reach middle-class milestones have become for typical earners, and is fueling discussion about housing affordability, stagnant wages and whether the dream is still attainable.

Why now: Housing costs and affordability concerns are top of mind, and a concrete price tag for the American Dream crystallizes the scale of the problem.

InvestopediaUnited States

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