00:00A new report was just released estimating the total cost of the American dream to now be more
00:05than 5.3 million dollars. That eye-watering sum represents the total cost of typical American
00:14life milestones like having a wedding, buying a home, raising two children and putting them
00:19through college, health care and retirement. How can a guy ever save any money? That prices up
00:25almost $300,000 from just last year and almost $2 million from a few years ago. And to make
00:32matters worse, the typical full-time employee with a bachelor's degree will only make around $3.6
00:39million over the course of their entire career, which is still $2 million less than this current
00:46price tag on the American dream. According to Investopedia's new report, home ownership is
00:51the biggest expense for Americans today, totaling nearly $1.3 million. On the bright side,
00:577 in 10 Americans still believe that they will achieve the American dream, according to a Gallup
01:03poll from June. But perhaps the whole concept could use some rebranding because apparently
01:08it is now a millionaire's dream.
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