The American dream now costs $5.32 million over a lifetime, per a new Investopedia analysis reported by Fox Business.
That’s up 4.1% in a year, faster than wages, which rose 3.1%.
The lifetime price tag:
Homeownership: $1.28M (+7.7%)
Two new cars: $1.21M (+0.5%)
Retirement: $1.21M (+2.2%)
Kids and college: $954K (+8.9%)
Healthcare: $413K (-0.2%)
Yearly vacations: $187K (+3.5%)
Pets: $41K (+3.5%)
Wedding: $39K (+1.6%)