The cost of a fully realized American Dream today is estimated at a staggering $5 million. Here's the breakdown:
Retirement: $1.6M to generate $60K/year in income
Homeownership: $957K over a lifetime, including maintenance and utilities
Car ownership: $900K in total costs (purchase, repairs, interest)
Surprisingly, a car and a house cost nearly the same across a lifetime—raising serious questions about spending priorities. As joked in the segment: “The three things that make you poor? Too many homes, too many cars, and too many weddings.”
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