Current:Home > ScamsThe Daily Money: Who wants to live to 100? -Achieve Wealth Network
The Daily Money: Who wants to live to 100?
View
Date:2025-04-15 06:07:45
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! (88)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- Department of Defense says high-altitude balloon detected over Western U.S. is hobbyist balloon
- 2 killed in Mississippi National Guard helicopter crash
- Brother of suspect in nursing student’s killing had fake green card, feds say
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- National Rifle Association and Wayne LaPierre are found liable in lawsuit over lavish spending
- Police: 7 farmworkers in van, 1 pickup driver killed in head-on crash in California farming region
- Ellie Goulding and Husband Caspar Jopling Break Up After 4 Years of Marriage
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- State police: Officers shoot, kill man who fired at them during domestic violence call
Ranking
- What to watch: O Jolie night
- Chicago Bears great Steve McMichael returns home after more than a week in hospital
- The Fed may wait too long to cut interest rates and spark a recession, economists say
- Accio Harry Potter TV Series: Find Out When New Show Will Premiere
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- State police: Officers shoot, kill man who fired at them during domestic violence call
- Don't screw it up WWE: Women's championship matches need to main event WrestleMania 40
- Blind seal gives birth and nurtures the pup at an Illinois zoo
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
Jury finds Wayne LaPierre, NRA liable in corruption civil case
Body of nursing student found on a University of Georgia campus; police questioning person of interest
Influencer Ashleigh Jade recreates Taylor Swift outfit: 'She helped me find my spark again'
Sonya Massey's father decries possible release of former deputy charged with her death
The EU is watching Albania’s deal to hold asylum seekers for Italy. Rights activists are worried
Alabama Senate OKs bill targeting college diversity efforts
Kansas man pleads guilty to causing crash that killed officer, pedestrian and K-9 last February