Recently, through an analysis published by Investopedia, it was determined that achieving the much-desired “American Dream” can cost up to $5 million, taking into account eight key goals to achieve it.

In a survey carried out by the financial journalism website, the results showed that to achieve the American Dream it is necessary to fulfill such aspirations. as: owning a home (85%), raising a family (78%), having a wedding (55%), having quality healthcare (86%), owning a new car (72%), pet care (66%), taking a vacation every year (71%), and retiring comfortably (86%).

However, researchers, taking this data into account, indicated that achieving each goal had a cost that, added together, totals $5,043,323 over a lifetime:

Analysts determined that this figure can be very discouraging for the average American, since most earn approximately $2.8 million over their professional career. This suggests that the much-desired American Dream is becoming increasingly expensive and distant. In response to the data, some experts commented on the topic, such as Caleb Silver, chief business editor of People Inc. and editor-in-chief of Investopedia, who noted that "we are definitely seeing an increase in prices across almost all sectors, especially in things like homeownership and raising children and sending them to college," he said. However, Michael Strain, a senior fellow at the American Enterprise Institute and author of a 2020 book on the American Dream, stated that, given that not everyone defines the American Dream in the same way, the figure presented by Investopedia sets a very high bar. "I'm not sure we should equate the American Dream with the lifestyle enjoyed by the top 10% of earners," he commented.