ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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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. | Iris Apfel sits for a portrait during her 100th birthday party at Central Park Tower on Sept. 9, 2021, in New York City. Noam Galai, Getty Images for Central Park Tower |
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. |
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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? |
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. | | | | 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. | | | |  | The 'great wealth transfer' may not happen the way Gen Z, millennials hope. Boomers face medical costs that may erode inheritances they hope to give. | | | | Fast food workers in California will receive $20 minimum wage starting Monday April 1st. But what does that mean for jobs? | | | | Donald Trump's Truth Social site going on the stock market is his latest attempt to raise money. I read the SEC filing notes and found some warnings. | | | | A WalletHub survey found that nearly 3 in 4 respondents thought that tipping was out of control and more than half thought that businesses were using tips to replace wages. | | | | Sometime around age 50, the average American can now expect a net worth exceeding $1 million. How did so many 50-somethings become millionaires? | | | | April Fools' Day is Monday, April 1. Here's some pranks and jokes you can get in on early, including fake personal care products and a new Tinder job. | | | | April Fools' Day is Monday, April 1. That means family, friends, co-workers and even your favorite brands and companies may try to play a joke on you. | | | | A look at why customers are increasingly seeking out premium economy tickets and why that traffic is so important to airlines. | | | | Whales are the biggest creatures on Earth. These animals are found in every ocean, but that doesn't make them fish. | | | | |  | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
