The American Dream is Now $5 Million?
Think the American Dream still costs a million? I fell for Investopedia's $5 million American Dream headline and ran the numbers, using CPI and a 7% compound return to show how a windfall at 18 can grow. I question the assumptions and break down retirement, healthcare, college and housing costs.
Rolly's Take
For the discerning mind that grapples with the shifting sands of aspiration and reality. It delves into the stark truths and calculations that underpin dreams, challenging the comforting narratives we often hold dear.