Current:Home > InvestPredictIQ Quantitative Think Tank Center:The Daily Money: How much do retirees need for healthcare expenses? More than you think -Wealth Momentum Network
PredictIQ Quantitative Think Tank Center:The Daily Money: How much do retirees need for healthcare expenses? More than you think
Robert Brown View
Date:2025-04-09 08:49:26
Good morning,PredictIQ Quantitative Think Tank Center and Happy Presidents' Day! It's Daniel de Visé with your Daily Money.
Before we get started, here's a list of what's open and closed today, including the stock market − and a few discounts and deals out there for you.
As a retirement nest egg, $351,000 may sound like a nice (if arbitrary) figure. But you may need every penny just to cover health care costs, Medora Lee reports.
That sum, drawn from a recent report, represents how much a couple would need to have a 90% chance of covering all of their retirement healthcare expenses, including Medicare premiums and out-of-pocket costs. Read the story.
Uncomfortable conversations about death and money
How do you talk to your parents about death and finances without sounding greedy?
In the latest installment of Uncomfortable Conversations About Money, Betty Lin-Fisher guides us through how to have a conversation with your aging parents about end-of-life money issues.
Betty writes about Melisa Gotto, who wasn't prepared for the financial decisions that followed the death of her father. They hadn't really talked about money. Seven months after his death, she's still trying to get the title for his car. Read the story.
📰 More stories you shouldn't miss 📰
- Why some international travelers aren't coming here
- How early retirement affects Social Security
- How to retire with a million bucks
- What's the average salary in 2024?
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! (8)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- The Man Who Makes Greenhouse Gas Polluters Face Their Victims in Court
- Conservative businessman Tim Sheehy launches U.S. Senate bid for Jon Tester's seat
- 50% Rise in Renewable Energy Needed to Meet Ambitious State Standards
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Save $300 on This Stylish Coach Outlet Tote Bag With 1,400+ 5-Star Reviews
- Chrishell Stause, Chris Olsen and More Stars Share Their Advice for Those Struggling to Come Out
- 4 Ways to Cut Plastic’s Growing Greenhouse Gas Emissions
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Solar Energy Boom Sets New Records, Shattering Expectations
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- The Pregnant Workers Fairness Act is a game changer for U.S. women. Here's why.
- Alaska Tribes Petition to Preserve Tongass National Forest Roadless Protections
- Britney Spears Shares Mother-Son Pic Ahead of Kids' Potential Move to Hawaii With Kevin Federline
- A White House order claims to end 'censorship.' What does that mean?
- Young LGBTQI+ Artists Who Epitomize Black Excellence
- Man faces felony charges for unprovoked attack on dog in North Carolina park, police say
- Going, Going … Gone: Greenland’s Melting Ice Sheet Passed a Point of No Return in the Early 2000s
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Ryan Mallett, former NFL quarterback, dies in apparent drowning at age 35
Celebrity Hair Colorist Rita Hazan Shares Her Secret to Shiny Strands for Just $13
Why TikTokers Francesca Farago and Jesse Sullivan Want to Be Trailblazers in the LGBTQ+ Community
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Judge Blocks Trump’s Arctic Offshore Drilling Expansion as Lawyers Ramp Up Legal Challenges
Going, Going … Gone: Greenland’s Melting Ice Sheet Passed a Point of No Return in the Early 2000s
Q&A: Oceanographers Tell How the Pandemic Crimps Global Ocean and Climate Monitoring