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2024.11.09 05:31
A Cool Guide (yikes!) to the Cost of “The American Dream”
| Source: https://www.voronoiapp.com/wealth/The-American-Dream-Costs-44-Million---2786 Key Takeaways:
-For a 20-year retirement, it takes $1.6 million in savings, assuming a 4% annual withdrawal rate and inflation averaging 2.5% per year. -As a core part of the American dream, owning a home has increasingly grown out of reach, with 77% of U.S. households now unable to afford a median-priced home. [link] [comments] |