Current:Home > reviewsThe Daily Money: Who wants to live to 100? -MoneyFlow Academy
The Daily Money: Who wants to live to 100?
View
Date:2025-04-13 08:13:17
Good morning! It's Daniel de Visé with your Daily Money.
No April Fool's jokes here: Just bad puns.
With all the aches and pains that attend old age, how many Americans would really want to live to 100?
A lot of us, it turns out.
More than half of Americans, 54%, say it is their goal to live to 100, according to a new report from Corebridge Financial, a financial services company.
Much of the rest of the 20-page report deals with what it costs to live for a century. And that, experts say, is where the numbers get scary.
Read the story.
Will healthcare costs deplete the Great Wealth Transfer?
No one would have guessed that, in retirement, Judi and David Koncak would be nearly out of money and unable to leave their kids much more than a pittance.
They’re both college graduates. They traveled, owned cars and a home, sent their two kids to college and saved for retirement.
But a stroke, surgeries, and prostate cancer sapped the couple's savings.
The Great Wealth Transfer from baby boomers to younger generations that researchers have predicted may not be so great after all, Medora Lee reports.
Read the story.
📰 More stories you shouldn't miss 📰
- Will California's $20 minimum wage mean higher Happy Meal prices?
- Should you bet your 401(k) on Truth Social stock?
- Has tipping reached a tipping point?
- Best CD rates for April
📰 A great read 📰
And here's a recent story that resonated with readers: A greatest hit, if you will. Read it again. Read it for the first time. Share it with friends.
Sometime around age 50, the average American can now expect a household net worth exceeding $1 million.
Average household net worth now tops $500,000 for Americans in their late 30s. For late 40-somethings, it exceeds $750,000. For 50-somethings, it reaches seven figures.
How did so many 50-somethings become millionaires?
Find the answers here.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (23226)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Christine Quinn Makes First Public Appearance Since Estranged Husband's Arrest
- US judge in Nevada hands wild horse advocates rare victory in ruling on mustang management plans
- Are grocery stores open Easter 2024? See details for Costco, Kroger, Aldi, Publix, more
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Former NYPD officer acquitted of murder in shooting of childhood friend during confrontation
- International Court Issues First-Ever Decision Enforcing the Right to a Healthy Environment
- US judge in Nevada hands wild horse advocates rare victory in ruling on mustang management plans
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Eastern Seaboard's largest crane to help clear wreckage of Baltimore bridge: updates
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Sean Diddy Combs Seen for the First Time Since Federal Raids at His Homes
- Riley Strain Honored at Funeral Service
- Joseph Lieberman Sought Middle Ground on Climate Change
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Inmate escapes Hawaii jail, then dies after being struck by hit-and-run driver
- ACLU, Planned Parenthood challenge Ohio abortion restrictions after voter referendum
- Five wounded when man shoots following fight over parking space at a Detroit bar
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Take a Trip To Flavortown With Guy Fieri’s New Sauces That Taste Good On Literally Everything
DA suggests Donald Trump violated gag order with post about daughter of hush-money trial judge
Self-Care Essentials to Help You Recover & Get Back on Track After Spring Break
Sonya Massey's father decries possible release of former deputy charged with her death
Could House control flip to the Democrats? Early resignations leave GOP majority on edge
Why Ruby Franke’s Estranged Husband Says He Became a “Resident Exorcist” for Her Former Business Partner
Truck driver charged with criminally negligent homicide in fatal Texas bus crash