Earn Your Leisure

In this episode, our hosts Rashad Bilal, Ian Dunlap, and Troy Millings sit down with guest Caleb Silver, the Editor in Chief of Investopedia. They delve into the concept of the American Dream and its evolving financial implications. The discussion centers around the staggering figure of $3.4 million, which has been identified as the monetary requirement to attain the American Dream in today's society. Caleb Silver begins by shedding light on the reasons people were searching for the American Dream on Investopedia and how it is perceived as unattainable by many, especially the younger generation. He breaks down the cost of building the American Dream, encompassing elements such as raising a family, educational expenses, owning a home, and preparing for retirement, culminating in the $3.4 million benchmark.The conversation transitions to the stark contrast between the median lifetime income and the financial outlay required for the American Dream, emphasizing the reality of a substantial shortfall for the a