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  2. I’m a Retired Boomer: 6 Things I Spend My Savings on ... - AOL

    www.aol.com/finance/m-retired-boomer-6-things...

    By ages 65 to 75, boomer households spend just over $65,000 a year. How they spend also changes. Housing costs typically drop, for example, and medical costs often increase.

  3. Majority of boomers and Gen X Americans wish they’d started ...

    www.aol.com/finance/majority-boomers-gen-x...

    Looking back, many baby boomers and Gen X Americans say they wish they’d started saving for their retirement earlier, according to Fidelity Investments’ 2024 State of Retirement Planning study.

  4. 7 best banks for seniors and retirees in February 2025: Ring ...

    www.aol.com/finance/best-bank-accounts-for...

    U.S. Bank is a brick-and-mortar bank with over 2,000 physical branches in 27 states.. As someone who values face-to-face banking, I appreciate U.S. Bank’s extensive network. Plus, it offers a ...

  5. 8 in 10 retirees aged 65-plus with $50K-$100K in savings say ...

    www.aol.com/finance/8-10-retirees-aged-65...

    The same study found baby boomers ... the Fed’s most recent Survey of Household Economics and Decisionmaking shows 82% of retirees aged 65-plus who reported that their savings were less than $1 ...

  6. How Much Should the Average Middle-Class Baby Boomer ... - AOL

    www.aol.com/finance/much-average-middle-class...

    If we define middle-class as someone making between $55,000 and $90,000 annually, baby boomers would be expected to have approximately $500,000 to $1,000,000 in savings according the following ...

  7. 6 Ways To Catch Up If You’re a Boomer Behind on ... - AOL

    www.aol.com/finance/6-ways-catch-boomer-behind...

    These can prove invaluable for boomers who are behind on their retirement savings. For IRAs, while the regular contribution limit for 2024 is $7,000, those 50 and older can contribute an ...

  8. Worried You're Behind on Retirement Savings? 3 Steps to Catch ...

    www.aol.com/worried-youre-behind-retirement...

    The average retirement savings balance among 55- to 64-year-olds was about $538,000 as of 2022, according to the Federal Reserve. But the median balance among that age group was only $185,000 as ...

  9. How Much Does the Average Baby Boomer Have in Savings? - AOL

    www.aol.com/much-does-average-baby-boomer...

    On the other hand, boomers are most likely to have $10,000 or more in their savings accounts. Among younger boomers, 20% have $10,000 or more and among older boomers, 18% have $10,000 or more.