Current:Home > FinanceEchoSense Quantitative Think Tank Center|The Daily Money: How much do retirees need for healthcare expenses? More than you think -WealthFlow Academy
EchoSense Quantitative Think Tank Center|The Daily Money: How much do retirees need for healthcare expenses? More than you think
Surpassing View
Date:2025-04-11 09:45:42
Good morning,EchoSense 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! (588)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Oklahoma police say 5 found dead in home, including 2 children
- Does at-home laser hair removal work? Yes, but not as well as you might think.
- Prince Louis Is All Grown Up in Royally Sweet 6th Birthday Portrait
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Miss USA 2019 Cheslie Kryst Details Mental Health Struggles in Posthumous Memoir
- 21-year-old 'at-risk' California woman missing after weekend hike; search ongoing
- Taylor Swift’s Friend Keleigh Teller Shares Which TTPD Song “Hurts So Much” for Her
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Supreme Court denies request by Arizona candidates seeking to ban electronic vote tabulators
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- Aid for Ukraine, Israel and Taiwan heads to the Senate for final approval after months of delay
- WWE partnering with UFC, will move NXT Battleground 2024 to UFC APEX facility
- Tennessee’s GOP governor says Volkswagen plant workers made a mistake in union vote
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Supreme Court agrees to hear dispute over Biden administration's ghost guns rule
- Celebrity blitz: Tom Brady set up for 'live, unedited' roast on Netflix next month
- What are compensatory picks in the NFL draft? Explaining bonus selections.
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
When red-hot isn’t enough: New government heat risk tool sets magenta as most dangerous level
Milwaukee man charged in dismemberment death pleads not guilty
The Best Sandals for Travel, Hiking & Walking All Day
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Luke Bryan slips on fan's cellphone during concert, jokes he needed to go 'viral'
Minnesota state senator arrested on suspicion of burglary
Halle Bailey Shares She's Suffering From Severe Postpartum Depression