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Only 13.4% of Texas residents are 65 or older and are thus eligible for Medicare benefits. Nationally, 17.3% of people fall into this age group. What state has the oldest average age?
Members of the boomer generation are either retired or on the cusp of retirement -- but about half are not prepared for this milestone. According to Northwestern Mutual's 2024 Planning & Progress...
A 2024 survey by AARP found that 20% of Americans ages 50 and over have no retirement savings and more than half (61%) are worried they will not have enough money to support them in retirement.
SSA data shows one out of every four 65-year-olds today will live past the age of 90, while one out of 10 will live past 95. Indeed, 60% of baby boomers are more worried about outliving their savings than dying. [156] Rising life expectancy may result in reductions in social security benefits, devaluing private and public pension programs.
Elections are scheduled to be held on November 5, 2024. [4] Seats up for election will be all seats of the Texas Legislature, [5] all 38 seats in the United States House of Representatives, and the Class I seat to the United States Senate, for which two-term incumbent Republican Senator Ted Cruz is running for re-election. [6]
Majority of Boomers and Gen X Have Not Started Preparing for 2024 — 4 Money Moves They Should Make Before the New Year Jake Safane November 15, 2023 at 7:01 AM
If you're a baby boomer, chances are that you owe more money than Americans in other generations. ... 30. Texas. Average debt: $44,508. Be Aware: The Average Retirement Age in 2024: US vs. Canada ...
Tens of millions of Americans are expected to turn 65 by 2030. Here's how much young baby boomers have saved for retirement — how do you stack up in 2024?