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