Inflation has dimmed the American dream.
It now costs $5 million over a lifetime to fund eight key components of the American dream, including homeownership and raising children, according to a new analysis from Investopedia.
Everyone’s dream is different. But some human wants are universal, as Investopedia found in compiling its September report.
In an accompanying survey, the financial journalism site asked 1,263 adults to identify goals they associate with the American dream. Most said they shared these eight aspirations:
The report tabulates the lifetime costs of each goal, tapping data from federal agencies, think tanks and industry groups.
