The American dream now costs $4.4 million

[Sauce Mane]

Only broke people complain about not having enough money.

It doesn't matter if you have to work 14-19 hours/day, 6 days a week, if you not grinding you're lazy and don't deserve to eat. Stop complaining about corporations price gouging, buying up homes, and all that broke nikka babble.

Get your lazy ass up, get to work, and if you got to, put ya kids to work, too.

 

[Blessings]

lol

 

[ViShawn]

What is this bullshyt?!


Reminds me of those folks on Threads saying 175K is middle class now

 

[Tribal Outkast]

I’m confused

 

[east]

800k for a car and 170k for vacations?

that's <3k spent on travel a year over an adult life, it doesn't seem too od

imo 800k on cars isn't that wild either when you consider that's for permanently leasing smth new (not saying it makes sense lol)

Yeah it’s high… maybe they’re including repairs and all and how car prices and everything else will increase 30-40 years

it doesn't... here's their methodology, to me the crazy part is that the target number's gone up by $1mm in the past year

The American Dream Now Costs $4.4 Million

The American Dream now costs $4.4 million—that’s the estimated lifetime household cost of common milestones, including getting married, raising two children, buying a home, having new cars, saving for retirement, going on yearly vacations, and more.

www.investopedia.com

2023: The American Dream Now Costs $3.4 Million

The American Dream now costs $3,455,305—that's the estimated lifetime cost of marriage, two children, homes, healthcare, cars, and education. Rising costs have made the typical "American Dream" out of reach for many, according to an analysis by Investopedia.

www.investopedia.com

 

[ViShawn]

Crazy a wedding is relatively inexpensive but marrying the wrong person will cost you.

Just lol @ buying a new car BTW

 

[Standing on business]

The American dream isn’t a reality for most anymore but they could’ve at least used a realistic example

 

[Mr. Negative]

It means a lifetime of owning said item but it ain’t even close on some of that stuff unless you are a fukking moron

its cause of these people.

 

[Lord_nikon]

never mind

 

[Belize King]

Only broke people complain about not having enough money.

It doesn't matter if you have to work 14-19 hours/day, 6 days a week, if you not grinding you're lazy and don't deserve to eat. Stop complaining about corporations price gouging, buying up homes, and all that broke nikka babble.

Get your lazy ass up, get to work, and if you got to, put ya kids to work, too.

Already.

 

[CHICAGO]

LMAO @ RAISING 2 KIDS
AND PAYING FOR COLLEGE
BEING THE SAME AMOUNT
AS BUYING NEW CARS







​

 

[DetroitEWarren]

Some people work years on years and can't afford a vacation. Yacht companies should get government subsidies and offer free staff trips for companies that want to participate. That shyt would be dope.

 

[#BOTHSIDES]

that's <3k spent on travel a year over an adult life, it doesn't seem too od

imo 800k on cars isn't that wild either when you consider that's for permanently leasing smth new (not saying it makes sense lol)

it doesn't... here's their methodology, to me the crazy part is that the target number's gone up by $1mm in the past year

The American Dream Now Costs $4.4 Million

The American Dream now costs $4.4 million—that’s the estimated lifetime household cost of common milestones, including getting married, raising two children, buying a home, having new cars, saving for retirement, going on yearly vacations, and more.

www.investopedia.com

2023: The American Dream Now Costs $3.4 Million

The American Dream now costs $3,455,305—that's the estimated lifetime cost of marriage, two children, homes, healthcare, cars, and education. Rising costs have made the typical "American Dream" out of reach for many, according to an analysis by Investopedia.

www.investopedia.com

Always Having New Cars (Two Adults): $811,440​

Avg Age: 29 - 75

Since the early 20th century, cars and the automotive industry have been synonymous with American identity. As a result, we chose to include new cars in the calculation of the Cost of the American Dream.

The total cost of making monthly payments on two brand-new cars owned between the ages of 29 and 75 equals about $811,440. For our report, we chose a window for new car ownership beginning at 29 and ending at age 75, as less than 10% of the total driving population is 75 or older. We chose monthly payments on new cars to reflect the dream of always being behind the wheel of a new car, even if it is being financed. (Note: cost only includes the monthly payment cost for the cars but does not include other costs such as fuel, registration, insurance, and maintenance fees.)

While most Americans have cars, most of them do not buy or lease new cars.9 New vehicle sales and leases made up around only 29.5% of all vehicle sales in 2019, according to the Bureau of Transportation Statistics (most recent data available).

 

[WIA20XX]

Retirement looks a bit low TBH.

And they're assuming folks die before they get to the nursing home stage...

Here's the breakdown

The American Dream Now Costs $4.4 Million

The American Dream now costs $4.4 million—that’s the estimated lifetime household cost of common milestones, including getting married, raising two children, buying a home, having new cars, saving for retirement, going on yearly vacations, and more.

www.investopedia.com

 

[jerniebert]

I'm cheap. I can live on way less then that.