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Story perspectives

American Dream Costs $5 Million: Health Care Top Priority

9/22/2025

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Story summary
  • Achieving the American dream now costs about $5 million over a lifetime, as per Investopedia's analysis.
  • Major expenses include retirement ($1.6 million), homeownership ($957,594), and raising children ($876,092).
  • New car costs have increased to $900,346 from $811,440 last year.
  • Investopedia's survey reveals 86% prioritize quality health care in their vision of the American dream.
  • The average American vehicle is nearly 13 years old, reflecting diverse views on car ownership.