Current:Home > StocksThe Daily Money: Who wants to live to 100? -Mastery Money Tools
The Daily Money: Who wants to live to 100?
View
Date:2025-04-13 01:08:21
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! (3482)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- U.S. birth rate drops to record low, ending pandemic uptick
- Professor William Decker’s Bio
- Gigi Hadid and Bradley Cooper's Romance Is Limitless in Cute Photo From Her Family Birthday Dinner
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- United Methodists endorse change that could give regions more say on LGBTQ and other issues
- Baseball boosted Japanese Americans during internment. A field in the desert may retell the story.
- Authorities investigating Gilgo Beach killings search wooded area on Long Island, AP source says
- Travis Hunter, the 2
- Florida Panthers, Carolina Hurricanes take commanding 3-0 leads in NHL playoffs
Ranking
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- After wake-up call at home, Celtics need to beat Heat in Game 3, quell potential panic
- Antiwar protesters’ calls for divestment at universities put spotlight on how endowments are managed
- Why Emma Stone Wants to Drop Her Stage Name
- Travis Hunter, the 2
- NFL Draft drip check: Caleb Williams shines in 'unique' look, Marvin Harrison Jr. honors dad
- Antiwar protesters’ calls for divestment at universities put spotlight on how endowments are managed
- The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
Recommendation
$1 Frostys: Wendy's celebrates end of summer with sweet deal
Journalists critical of their own companies cause headaches for news organizations
Massive fire seen as Ukraine hits Russian oil depots with a drone strike
Jeezy Denies Ex Jeannie Mai's Deeply Disturbing Abuse Allegations
What do we know about the mysterious drones reported flying over New Jersey?
Golden State Warriors star Steph Curry named 2023-24 NBA Clutch Player of the Year
Why Emma Stone Wants to Drop Her Stage Name
Gigi Hadid and Bradley Cooper's Romance Is Limitless in Cute Photo From Her Family Birthday Dinner