Current:Home > NewsThe Daily Money: Who wants to live to 100? -Ascend Finance Compass
The Daily Money: Who wants to live to 100?
View
Date:2025-04-18 13:44:23
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! (55)
Related
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Woman accused of killing pro-war blogger in café bomb attack faces 28 years in Russian prison
- Alleged leader of the Gulf drug cartel, the gang that kidnapped and killed Americans, is captured in Mexico
- Chiefs-Bills marks Patrick Mahomes' first road playoff game. He's 'excited' for challenge.
- The Grammy nominee you need to hear: Esperanza Spalding
- No charges for 4 Baltimore officers who fatally shot an armed man after he fired at them
- Marlena Shaw, ‘California Soul’ singer, dead at 81
- Homicide rates dropped in big cities. Why has the nation's capital seen a troubling rise?
- Trump issues order to ban transgender troops from serving openly in the military
- Abortion opponents at March for Life appreciate Donald Trump, but seek a sharper stance on the issue
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Stanford’s Tara VanDerveer now winningest coach in major college basketball, passing Mike Krzyzewski
- Justin Timberlake debuts new song 'Selfish' at free hometown concert, teases 2024 album
- Sarah Ferguson shares malignant melanoma diagnosis just months after breast cancer
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- U.S. sees over 90 weather-related deaths as dangerous cold continues
- Protestor throws papers on court, briefly delaying Australian Open match between Zverev and Norrie
- Three members of air ambulance crew killed in Oklahoma helicopter crash
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Who spends the most on groceries each week (and who pays the least)? Census data has answers
Retrial set to begin for man who fatally shot ex-Saints star after traffic collision
The main cause of dandruff is probably not what you think. Here’s what it is.
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Homicide rates dropped in big cities. Why has the nation's capital seen a troubling rise?
UN migration agency seeks $7.9 billion to help people on the move and the communities that host them
Stanford's Tara VanDerveer: Timeline of success for all-time winningest college basketball coach