Current:Home > MarketsThe Daily Money: Who wants to live to 100? -AssetLink
The Daily Money: Who wants to live to 100?
View
Date:2025-04-16 08:22:13
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! (1834)
Related
- Oklahoma parole board recommends governor spare the life of man on death row
- Save 75% on Kate Spade Mother's Day Gifts: Handbags, Pajamas, Jewelry, Wallets, and More
- Brain cells in a lab dish learn to play Pong — and offer a window onto intelligence
- 8 Answers to the Judge’s Climate Change Questions in Cities vs. Fossil Fuels Case
- 2024 Olympics: Gymnast Ana Barbosu Taking Social Media Break After Scoring Controversy
- Today’s Climate: June 22, 2010
- Ray Liotta's Cause of Death Revealed
- Hawaii's Kilauea volcano erupts as volcanic glass fragments and ash fall on Big Island
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- House GOP rules vote on gas stoves goes up in flames
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- SoCal Gas Knew Aliso Canyon Wells Were Deteriorating a Year Before Leak
- Jury convicts Oregon man who injured FBI bomb technician with shotgun booby trap
- How does air quality affect our health? Doctors explain the potential impacts
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- The FDA has officially declared a shortage of Adderall
- Today’s Climate: June 24, 2010
- The FDA has officially declared a shortage of Adderall
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
House Oversight chair cancels resolution to hold FBI Director Christopher Wray in contempt of Congress
California’s Methane Leak Passes 100 Days, and Other Sobering Numbers
Today’s Climate: June 22, 2010
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
California Attorney General Sues Gas Company for Methane Leak, Federal Action Urged
Reward offered for man who sold criminals encrypted phones, unaware they were tracked by the FBI
Here's What Prince Harry Did After His Dad King Charles III's Coronation