Current:Home > MarketsThe Daily Money: Who wants to live to 100? -AdvancementTrade
The Daily Money: Who wants to live to 100?
View
Date:2025-04-17 22:38:04
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! (5468)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Here's what investors are saying about Biden dropping out — and what it means for your 401(k)
- 2024 Olympics: Watch Athletes Unbox Condoms Stocked in the Olympic Village
- Beyoncé's mom, Tina Knowles, endorses VP Kamala Harris for president
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- To Help Stop Malaria’s Spread, CDC Researchers Create a Test to Find a Mosquito That Is Flourishing Thanks to Climate Change
- Eminem brings Taylor Swift’s historic reign at No. 1 to an end, Stevie Wonder’s record stays intact
- Billion-dollar Mitsubishi chemical plant economically questionable, energy group says
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Instagram is rolling out changes to Notes. Here's what to know
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Repercussions rare for violating campaign ethics laws in Texas due to attorney general’s office
- Google reneges on plan to remove third-party cookies in Chrome
- Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Man convicted of kidnapping Michigan store manager to steal guns gets 15 years in prison
- Man is arrested in the weekend killing of a Detroit-area police officer
- Attorneys for state of Utah ask parole board to keep death sentence for man convicted in 1998 murder
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
'Doing what she loved': Skydive pilot killed in plane crash near Niagara Falls
Hiker runs out of water, dies in scorching heat near Utah state park, authorities say
2024 NFL record projections: Chiefs rule regular season, but is three-peat ahead?
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
TNT sports announces it will match part of new NBA rights deal, keep league on channel
Russia says its fighter jets intercepted 2 U.S. strategic bombers in the Arctic
Google reneges on plan to remove third-party cookies in Chrome