Price tag for the American dream: $130K a year - USA TODAY

What it costs to live the American Dream

•Finally, the maximum annual pretax contribution to a retirement plan for people under 50 is $17,500. That's slightly less than 15% of this American dream household's annual earnings, in line with financial planners' recommendations.

Martin Luther King I Have a Dream Speech - American Rhetoric

The American Dream Is Becoming A Nightmare And Life As We Know It Is About To Change
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The American Dream Is Over | Real Jew News

No idea is more central to Americans' outlook than the American Dream—the belief that with hard work and the freedom to pursue your destiny you can achieve success and provide better opportunities for your

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No idea is more central to Americans' outlook than the American dream — the belief that with hard work and the freedom to pursue your destiny you can achieve success and provide better opportunities for your children.

Nonetheless, it's clear that though the American dream is still alive, fewer and fewer of us can afford to live it.
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Starbucks CEO Howard Schultz, in announcing a new policy to provide employees with a college education, declared: "In the last few years, we have seen the fracturing of the American dream."

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They're right to worry. An analysis by USA TODAY shows that living the American dream would cost the average family of four about $130,000 a year. Only 16 million U.S. households — around 1 in 8 — earned that much in 2013, according to the U.S. Census Bureau.

Martin Luther King I Have a Dream Speech - American …

For the vast majority of Americans, there is a sense that achieving the American dream is becoming more difficult," wrote Mark Robert Rank, Thomas A. Hirschl and Kirk A. Foster in a new book,

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•Home ownership is central to the American dream. So, we took the median price of a new home ($275,000), subtracted a 10% down payment, then projected the annual cost of a 30-year mortgage at 4% interest. We also added annual maintenance costs of 1% of the purchase price. Total: $17,062 a year.

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There are big regional variations, too. It costs a lot less to live the American dream in, say, Indianapolis or Tulsa than it does in metro areas like New York and San Francisco, where housing prices and taxes are sky high.