Current:Home > FinanceThe Daily Money: Retirement stress cuts across generations -TradeWise
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-12 19:57:46
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! (334)
Related
- Meet first time Grammy nominee Charley Crockett
- Most Americans feel they pay too much in taxes, AP-NORC poll finds
- WWE Royal Rumble 2024 results: Cody Rhodes, Bayley win rumble matches, WrestleMania spots
- New Orleans thief steals 7 king cakes from bakery in a very Mardi Gras way
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- US condemns ban on Venezuelan opposition leader’s candidacy and puts sanctions relief under review
- South Korea says North Korea fired several cruise missiles, adding to provocative weapons tests
- German train drivers will end a 6-day strike early and resume talks with the railway operator
- This was the average Social Security benefit in 2004, and here's what it is now
- Taylor Swift deepfakes spread online, sparking outrage
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- WWE Royal Rumble 2024 results: Cody Rhodes, Bayley win rumble matches, WrestleMania spots
- Crew extinguish fire on tanker hit by Houthi missile off Yemen after US targets rebels in airstrike
- ‘Saltburn’ actor Barry Keoghan named Hasty Pudding’s Man of the Year
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- How Bianca Belair breaks barriers, honors 'main purpose' as WWE 2K24 cover star
- Transgender swimmer Lia Thomas seeks CAS ruling to allow her to compete
- After LA police raid home of Black Lives Matter attorney, a judge orders photographs destroyed
Recommendation
Average rate on 30
Zebras, camels and flames, oh my! Circus animals rescued after truck catches fire on Indiana highway
Finns go to the polls to elect a new president at an unprecedented time for the NATO newcomer
Former NBA All-Star DeMarcus 'Boogie' Cousins spotted making bubble tea for fans in Taiwan
Where will Elmo go? HBO moves away from 'Sesame Street'
Aryna Sabalenka beats Zheng Qinwen to win back-to-back Australian Open titles
'Buffalo Fluffalo' has had enuffalo in this kids' bookalo
Crew extinguish fire on tanker hit by Houthi missile off Yemen after US targets rebels in airstrike