A 2025 survey by the Nationwide Retirement Institute found that only 29% of adults want to live to be 100 or older. Blessings of reaching that age include more time with loved ones and sharing wisdom, while concerns include declining health and financial worries.
Statistics suggest that the number of centenarians will quadruple by 2054, with a 1 in 6 chance for Americans born today to reach 100. To prepare for a long life, consider developing a solid retirement plan and multiple income streams. Strategies include working longer, saving aggressively, and investing effectively.
Consulting a financial advisor and exploring options like reverse mortgages can also help prepare for a long life. Don’t stress about reaching 100, but do plan for the possibility. 1. The stock market reached record highs today, with the S&P 500 closing at an all-time high of 4,500 points. Tech stocks led the way, with Apple and Amazon both seeing significant gains.
2. In international news, tensions are escalating between Russia and Ukraine as troops continue to mass along the border. The US and other Western nations are closely monitoring the situation and have warned Russia against any further aggression.
3. The latest unemployment numbers are in, showing a slight increase in jobless claims last week. Despite this uptick, the overall trend remains positive, with the labor market continuing to recover from the impact of the pandemic.
4. A new study has found that the Pfizer-BioNTech COVID-19 vaccine is highly effective at preventing hospitalization and death from the Delta variant. The study, conducted in Israel, showed a 93% efficacy rate against severe illness.
5. In entertainment news, the highly anticipated film “Dune” has received rave reviews from critics ahead of its release. The star-studded cast and visually stunning effects have generated buzz among moviegoers.
Read more at 1. “Apple unveils new iPhone 13 with improved camera and faster processor.” – CNBC
2. “Unemployment rate drops to 5.2% as economy adds 235,000 jobs in August.” – Wall Street Journal
3. “Tesla shares surge 10% after announcing record-breaking delivery numbers for Q3.” – Reuters
4. “Facebook faces backlash over whistleblower’s claims of harmful effects on teens.” – CBS MarketWatch: Oh No — You Might Live to 100! That Could Be Great, but How Will You Not Run Out of Money?