Can You Afford the American Dream?

2024/11/11

On The Market

AI Deep Dive AI Chapters Transcript

People

Dave

活跃的房地产投资者和分析师，专注于房地产市场预测和投资策略。

Henry

活跃在房地产投资和分析领域的专业人士，参与多个房地产市场预测和分析讨论。

Topics

Dave: 本期节目探讨了实现美国梦的巨额成本，指出其远超美国人一生的平均收入。文章分析了住房、养育子女、退休储蓄、购车等主要开支，并指出这些开支的总和远超人们的预期。Dave还讨论了通货膨胀对这些成本的影响，以及人们对经济现状不满的原因。他认为，尽管宏观经济数据向好，但普通民众并未感受到经济增长的益处，这导致了人们对经济现状的不满。Dave还分析了报告中房屋成本的计算方法，指出其基于30年期贷款的总还款额，而非房屋的实际购买价格。他还质疑了报告中退休储蓄金额的充足性，认为其可能不足以应对未来的通货膨胀和医疗支出。此外，Dave还讨论了养育子女（包括大学教育）的成本，以及宠物、婚礼和年度度假等额外支出。最后，Dave总结了实现美国梦所需的年收入，并指出其远高于媒体报道的家庭平均收入，这解释了人们的不满情绪。 Henry: Henry在节目中对美国梦的成本进行了质疑和分析，并提出了不同的观点。他质疑了报告中440万美元的成本是指年度支出还是终身支出，并对报告中房屋成本的计算方法提出了质疑。Henry还对报告中退休储蓄金额的充足性提出了质疑，认为其可能不足以应对未来的通货膨胀和医疗支出。此外，Henry还讨论了养育子女的成本，以及汽车成本的计算方法。Henry认为，人们需要重新定义美国梦，并找到增加收入或降低生活成本的方法。他认为，实现美国梦的路径已经改变，不再像过去那样简单直接，人们需要更积极主动地规划自己的财务，才能实现美国梦。Henry还讨论了美国梦的核心仍然是拥有住房、工作、退休和养家糊口，但实现方式可能需要调整。他认为，人们可以通过增加收入（例如兼职或高薪职业）或重新定义美国梦来应对高昂的生活成本。最后，Henry还分享了自己对美国梦的看法，以及他认为哪些方面是实现美国梦的关键。

Deep Dive

Chapters

A recent report estimates the American Dream now costs $4.4 million over a lifetime, significantly more than the average American earns. This includes costs like housing, retirement, raising children, new cars, vacations, and weddings, but excludes daily living expenses like food.

The American Dream is estimated to cost $4.4 million over a lifetime.
The average American with a bachelor's degree earns $2.8 million in their career.
The biggest expenses are retirement ($1.6 million), housing ($930,000), and raising two children with college ($832,000).
Other significant costs include new cars ($811,000), weddings ($44,000), and annual vacations ($180,000).
The report doesn't include daily living expenses like food, making the true cost even higher.

Shownotes Transcript

The American Dream) was once an everyday reality for most Americans. Now, it’s seemingly impossible for even high-income-earning households to achieve. What went wrong, and is it still possible for financially savvy families to realize the American Dream? A new article dissecting** the cost of the American Dream** shows that the white picket fence, single-family home), and two new cars) cost significantly more than you might think.

In this episode, we’re going over the** eye-watering costs of the American Dream**, the** income you’ll need to achieve it,** and why most Americans may never get there. But, as financially independent podcasters, we’re living proof that you don’t need everything this article describes to reach financial freedom. We’re sharing what you might want to** give up to achieve **your version of the American Dream.

From college costs) to raising kids, buying cars, and purchasing a home, we’ll walk through the costliest factors of the American Dream—and some good news, as one big expense is actually getting cheaper.

In This Episode We Cover

The** astronomical cost of achieving the American Dream **in 2024

What you should** give up if you want to reach **financial freedom) faster

The **household income you have to make **if you want to achieve the American Dream

Why so many Americans are struggling with rising costs but stagnating wages

One significant expense that’s getting surprisingly more affordable

The things we’ll never give up spending money on (even if it sets us back)

And So Much More!

Links from the Show

Join the Future of Real Estate Investing with Fundrise)

Join BiggerPockets for FREE)

Find an Investor-Friendly Agent in Your Area)