Current:Home > MarketsThe Daily Money: Who wants to live to 100? -GrowthProspect
The Daily Money: Who wants to live to 100?
View
Date:2025-04-16 13:46:49
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
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Leaking Well Temporarily Plugged as New Questions Arise About SoCal Gas’ Actions
- Kim Kardashian's Son Psalm West Celebrates 4th Birthday at Fire Truck-Themed Party
- WWE Wrestling Champ Sara Lee's Cause of Death Revealed
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- The Air Around Aliso Canyon Is Declared Safe. So Why Are Families Still Suffering?
- How this Brazilian doc got nearly every person in her city to take a COVID vaccine
- Get $200 Worth of Peter Thomas Roth Anti-Aging Skincare for Just $38
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- U.S. Pipeline Agency Pressed to Regulate Underground Gas Storage
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Visitors at Grand Teton National Park accused of harassing baby bison
- Red Cross Turns to Climate Attribution Science to Prepare for Disasters Ahead
- Beyond Condoms!
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Why pediatricians are worried about the end of the federal COVID emergency
- J Balvin's Best Fashion Moments Prove He's Not Afraid to Be Bold
- EPA Again Postpones Enbridge Fine for 2010 Kalamazoo River Spill
Recommendation
Louvre will undergo expansion and restoration project, Macron says
What is the Air Quality Index, the tool used to tell just how bad your city's air is?
Omicron boosters for kids 5-12 are cleared by the CDC
Millions of Americans are losing access to maternal care. Here's what can be done
US appeals court rejects Nasdaq’s diversity rules for company boards
Anti-Eminent Domain but Pro-Pipelines: A Republican Conundrum
Is 'rainbow fentanyl' a threat to your kids this Halloween? Experts say no
Tom Holland says he's taking a year off after filming The Crowded Room