• Samvega@lemmy.blahaj.zone
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    1 month ago

    Add the expense of having kids.
    Add the expense of looking after parents.
    Add the expense of healthcare costs.

    • Copernican@lemmy.world
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      1 month ago

      American dream implies nuclear family life. Retirement, home ownership, and owning new cars are factored in that math. It includes the cost of having 2 kids.

      If you read the article…

      Here’s the breakdown. We’ll explain the math below.

      Retirement: $1.6 million

      Homeownership: $930,000

      Raising two kids: $832,000

      Owning new cars: $811,000

      Annual vacations: $179,000

      Wedding: $44,000

      Pets: $37,000

      Funeral: $8,000