Current:Home > MyThe Daily Money: Retirement stress cuts across generations -AssetLink
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-13 06:26:28
Good morning! It’s Daniel de Visé with your Daily Money.
When it comes to retirement savings, expectations differ across generations.
Boomers feel unprepared, while Gen Xers worry they're behind schedule and millennials are feeling the squeeze. Meanwhile, Gen Z has been described as a generation of savers "ahead of their time."
But one thing every generation has in common? Retirement savings stress. USA TODAY spoke to nine savers ages 19 to 65 to get a sense of retirement strategies across generations. Here are their stories.
What to do if the bank wants your CD back
The days of earning 5% or more on certificates of deposit (CDs) are coming to an end. But for some of us, they could be ending even sooner.
"Callable" CDs give banks and brokerage firms the right to redeem a CD before the maturity date, Medora Lee reports. They’re more likely to call CDs when interest rates are falling. And rates are falling now.
Isn't Las Vegas too hot for sports?
Las Vegas is leaning into sports.
There’s a shiny new NFL stadium, which in February hosted the Super Bowl. There are annual Formula 1 races across the Strip, UFC fights in the Las Vegas Sphere, and arenas hosting NHL and WNBA teams.
All told, Las Vegas has added three major league sports teams in the past decade, two of which are recent champions, Bailey Schulz reports. And with the Tropicana implosion planned for early Wednesday, the city plans to add Major League Baseball to the mix with a new ballpark for the Athletics, formerly of Oakland, California.
It’s all part of an effort to reshape Las Vegas into the “sports capital of the world.”
📰 More stories you shouldn't miss 📰
- How much income do you need to join the top 1%?
- Stable home prices are a thing of the past
- Will Hurricane Milton mess with your flight?
- Prime Day is here!
- Who will get the biggest COLA raise in 2025?
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (8545)
Related
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Federal judge deals another serious blow to proposed copper-nickel mine on edge Minnesota wilderness
- Slave descendants on Georgia island face losing protections that helped them keep their land
- Bill Gates' foundation buys Anheuser-Busch stock worth $95 million after Bud Light financial fallout
- Judge says Mexican ex-official tried to bribe inmates in a bid for new US drug trial
- Germany arrests 2 Syrians, one of them accused of war crimes related to a deadly attack in 2013
- First offer from General Motors falls short of demands by the United Auto Workers, but it’s a start
- Danelo Cavalcante press conference livestream: Police update search for Pennsylvania prisoner
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- Mission underway to rescue American who fell ill while exploring deep cave in Turkey
Ranking
- Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
- Do COVID-19 tests still work after they expire? Here's how to tell.
- Deion Sanders, Colorado start fast with rebuild challenging college football establishment
- A Wisconsin Supreme Court justice under impeachment threat isn’t the only member to get party money
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Mexico ends federal ban on abortion, but patchwork of state restrictions remains
- Philanthropies pledge $500 million to address 'crisis in local news'
- Kosovo’s president says investigators are dragging their feet over attacks on NATO peacekeepers
Recommendation
A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’
Thousands rally in support of Israel’s judicial overhaul before a major court hearing next week
Homicide suspect escapes from DC hospital, GWU students shelter-in-place for hours
Report: NFL analyst Mina Kimes signs new deal to remain at ESPN
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Police comb the UK and put ports on alert for an escaped prison inmate awaiting terrorism trial
Paqui removes 2023 'One Chip Challenge' from store shelves, citing teen use
Alabama teen sentenced to life for killing 5 family members at 14