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Abstract
This paper examines the concept of a million-dollar estate for the average American. /This paper illustrates that a million-dollar estate can be achieved if started early enough at a low cost. The study also examines the concept of beginning financial planning efforts at birth. A retirement obligation is created at birth and should be funded. Educational costs must be planned for at age 18. Some form of education is required. Either college or technical school will be needed. The best place to start is with a $50,000 variable universal life policy on the newborn. This policy can be overfunded from ages 1-18 and provide the initial bases for financial planning.