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Stock impact report

The Daily Money: Who wants to live to 100? [USA TODAY]

Corebridge Financial Inc. (CRBG) 
Company Research Source: 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. 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. 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 r Show less Read more
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