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The American Dream just hit a staggering new price tag

Homes, cars, kids, retirement, vacations, and even pets add up to millions more than many Americans will earn during their working years.

Tarun Mottlia

Via Fast Company

·Excerpt
The American Dream just hit a staggering new price tag
Image: Fast Company

In what won’t feel like news to many Americans, a new report underscores that the affordability crisis is real—and getting worse. It costs 4.1% more this year to achieve the eight hallmark life milestones that make up the prototypical American Dream, according to a report released Wednesday by Investopedia. Over the course of a lifetime, a household will now spend about $5.3 million to own a home, buy new cars, raise two kids and send them off to college, retire…

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