Current:Home > MyThe Daily Money: Who wants to live to 100? -DollarDynamic
The Daily Money: Who wants to live to 100?
View
Date:2025-04-15 03:08:09
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! (7)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Why inflation is losing its punch — and why things could get even better
- Women are returning to the job market in droves, just when the U.S. needs them most
- Are Amazon Prime Day deals worth it? 5 things to know
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Tennis Star Naomi Osaka Gives Birth, Welcomes First Baby With Boyfriend Cordae
- The creator of luxury brand Brother Vellies is fighting for justice in fashion
- How a New ‘Battery Data Genome’ Project Will Use Vast Amounts of Information to Build Better EVs
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Petition Circulators Are Telling California Voters that a Ballot Measure Would Ban New Oil and Gas Wells Near Homes. In Fact, It Would Do the Opposite
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Should we invest more in weather forecasting? It may save your life
- The Pathway to 90% Clean Electricity Is Mostly Clear. The Last 10%, Not So Much
- Indiana, Iowa, Ohio and Wisconsin Lag on Environmental Justice Issues
- What do we know about the mysterious drones reported flying over New Jersey?
- Outnumbered: In Rural Ohio, Two Supporters of Solar Power Step Into a Roomful of Opposition
- Why government websites and online services are so bad
- See Kylie Jenner React to Results of TikTok's Aging Filter
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Does Love Is Blind Still Work? Lauren Speed-Hamilton Says...
Petition Circulators Are Telling California Voters that a Ballot Measure Would Ban New Oil and Gas Wells Near Homes. In Fact, It Would Do the Opposite
As meat prices hover near record highs, here are 3 ways to save on a July 4 cookout
$73.5M beach replenishment project starts in January at Jersey Shore
Fracking Company to Pay for Public Water System in Rural Pennsylvania Town
See Kylie Jenner React to Results of TikTok's Aging Filter
More renters facing eviction have a right to a lawyer. Finding one can be hard