Current:Home > StocksThe Daily Money: Who wants to live to 100? -Quantum Capital Pro
The Daily Money: Who wants to live to 100?
View
Date:2025-04-13 21:34:37
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! (6)
Related
- Why members of two of EPA's influential science advisory committees were let go
- EU Commission suspends ‘all payments immediately’ to the Palestinians following the Hamas attack
- NASCAR Charlotte playoff race 2023: Start time, TV, streaming, lineup for Bank of America ROVAL 400
- What was the Yom Kippur War? Why Saturday surprise attack on Israel is reminiscent of 1973
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Shooting at Pennsylvania community center kills 1 and injures 5 victims
- Prime Day deals you can't miss: Amazon's October 2023 sale is (almost) here
- She survived being shot at point-blank range. Who wanted Nicki Lenway dead?
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Fantasy football rankings for Week 5: Bye week blues begin
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Chiefs star Travis Kelce leaves game vs Vikings with right ankle injury, questionable to return
- Making Solar Energy as Clean as Can Be Means Fitting Square Panels Into the Circular Economy
- Hamas attacks in Israel: Airlines that have suspended flights amid a travel advisory
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Two wounded in shooting on Bowie State University campus in Maryland
- Substitute teachers are in short supply, but many schools still don't pay them a living wage
- Man arrested over alleged plot to kidnap and murder popular British TV host Holly Willoughby
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
Man arrested in Germany after the body of his young daughter was thrown into a canal
Alec and Hilaria Baldwin Bring All 7 of Their Kids to Hamptons Film Festival
UK veteran who fought against Japan in World War II visits Tokyo’s national cemetery
Grammy nominee Teddy Swims on love, growth and embracing change
Terence Davies, filmmaker of the lyrical ‘Distant Voices, Still Lives,’ dies at the age of 77
Georgia officers say suspect tried to run over deputy before he was shot in arm and run off the road
Is Indigenous Peoples' Day a federal holiday? What to know about commemoration