Current:Home > reviewsThe Daily Money: Who wants to live to 100? -MoneyFlow Academy
The Daily Money: Who wants to live to 100?
View
Date:2025-04-12 07:46:57
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! (4)
Related
- Current, future North Carolina governor’s challenge of power
- Chicago Bears hire Seattle Seahawks' Shane Waldron as their offensive coordinator
- Netflix buys rights to WWE Raw, other shows in live streaming push
- 'Locked in’: Ravens adopted QB Lamar Jackson’s motto while watching him ascend in 2023
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- The 2024 Oscar nominations were announced: Here's a look at who made the list
- Mexico’s Yucatan tourist train sinks pilings into relic-filled limestone caves, activists show
- Billy Joel returns to the recording studio with first new song in nearly 20 years
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Theft of ruby slippers from Wizard of Oz was reformed mobster's one last score, court memo says
Ranking
- Sam Taylor
- Dwayne Johnson named to UFC/WWE group's board, gets full trademark rights to 'The Rock'
- Ron DeSantis announced his campaign's end with a Winston Churchill quote — but Churchill never said it
- US strikes three facilities in Iraq following attacks on American forces by Iran-backed militias
- Skins Game to make return to Thanksgiving week with a modern look
- A man diagnosed with schizophrenia awaits sentencing after fatally stabbing 3 in the UK last year
- Queer Eye's Jonathan Van Ness Claps Back at Troll Asking If They're Pregnant
- A pastor and a small Ohio city tussle over the legality of his 24/7 homeless ministry
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Group sues Arkansas attorney general for not approving government records ballot measure
Poland’s president pardons 2 imprisoned politicians from previous conservative government -- again
Bucks fire coach Adrian Griffin after 43 games despite having one of NBA’s top records
Federal hiring is about to get the Trump treatment
America is hitting peak 65 in 2024 as record number of boomers reach retirement age. Here's what to know.
How war changed Ukrainian President Volodymyr Zelenskyy
Nitrogen hypoxia: Why Alabama's execution of Kenneth Smith stirs ethical controversy.