Achieving the traditional American Dream costs around $4.4 million, which is over $1 million more than the average American's lifetime earnings.
Retirement is highlighted as the biggest expense, requiring approximately $1.6 million, emphasizing the necessity for savings starting from the first job.
The average American's home costs approximately $400,000, while the projected total for a mansion reaches $929,955, largely due to additional expenses.
Raising two kids until age 17 costs about $611,694, excluding college expenses, showcasing the financial burden of family life.
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