Current:Home > reviewsThe Daily Money: Who wants to live to 100? -WealthTrack
The Daily Money: Who wants to live to 100?
View
Date:2025-04-15 18:03:09
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
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- U.N rights commission accuses South Sudan of violations ahead of elections
- Inside the manhunt for a detainee and his alleged prison guard lover
- 18 migrants killed, and 27 injured in a bus crash in southern Mexico
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Iowa Democrats announce plan for January caucus with delayed results in attempt to keep leadoff spot
- Suspect arrested in attempted abduction of University of Virginia student
- Morocco begins providing cash to families whose homes were destroyed by earthquake
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Savannah Bananas announce 2024 Banana Ball World Tour schedule, cruise
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- $1.4 billion Powerball prize is a combination of interest rates, sales, math — and luck
- Nevada jury awards $228.5M in damages against bottled water company after liver illnesses, death
- Indonesia denies its fires are causing blankets of haze in neighboring Malaysia
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Troopers who fatally shot 'Cop City' protester near Atlanta won't face charges
- Myanmar’s top court declines to hear Suu Kyi’s special appeals in abuse of power and bribery cases
- Guatemala’s highest court says prosecutors can suspend president-elect’s party
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Stricter state laws are chipping away at sex education in K-12 schools
Raid uncovers workshop for drone-carried bombs in Mexico house built to look like a castle
Security questions swirl at the Wisconsin Capitol after armed man sought governor twice in one day
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
NCT 127 members talk 'Fact Check' sonic diversity, artistic evolution, 'limitless' future
Georgia Power will pay $413 million to settle lawsuit over nuclear reactor cost overruns
Prada to design NASA's new next-gen spacesuits