Current:Home > InvestThe Daily Money: Retirement stress cuts across generations -TradeGrid
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-12 16:38:45
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! (5)
Related
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Proof Maren Morris and Ex-Husband Ryan Hurd Are on Good Terms After Divorce
- Malik Willis downplays revenge game narrative for Packers vs. Titans
- Milwaukee’s new election chief knows her office is under scrutiny, but she’s ready
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Sean Diddy Combs' Alleged Texts Sent After Cassie Attack Revealed in Sex Trafficking Case
- Connecticut landscaper dies after tree tumbled in an 'unintended direction' on top of him
- Eva Mendes Shares Her and Ryan Gosling's Kids Are Not Impressed With Her Movies
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- New Orleans Regional Transit Authority board stalled from doing business for second time this year
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Shop Hollister's Extra 20% Off Clearance Sale: Up to 75% Off on $4 Tops, $12 Pants & More Deals Under $25
- Memories of the earliest Tupperware parties, from one who was there
- ‘Agatha All Along’ sets Kathryn Hahn’s beguiling witch on a new quest — with a catchy new song
- Don't let hackers fool you with a 'scam
- California’s cap on health care costs is the nation’s strongest. But will patients notice?
- Hunter Biden’s sentencing on federal firearms charges delayed until December
- Hayden Panettiere breaks silence on younger brother's death: 'I lost half my soul'
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Oversight board says it will help speed up projects to fix Puerto Rico’s electric grid
New Hampshire class action approved for foster teens with mental health disabilities
Families of Americans detained in China share their pain and urge US to get them home
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
'Sacred': Cherokee name in, Confederate general out for Tennessee's highest mountain
Found: The Best Free People Deals Under $50, Featuring Savings Up to 92% Off & Styles Starting at Just $6
Indiana woman pleads guilty to hate crime after stabbing Asian American college student