Current:Home > MyThe Daily Money: Retirement stress cuts across generations -AssetVision
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-24 09:59:36
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! (8947)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Some Muslim Americans Turn To Faith For Guidance On Abortion
- Many Americans don't know basic abortion facts. Test your knowledge
- Native Americans left out of 'deaths of despair' research
- $73.5M beach replenishment project starts in January at Jersey Shore
- The Future of The Bachelor and Bachelor in Paradise Revealed
- State Clean Energy Mandates Have Little Effect on Electricity Rates So Far
- Court Throws Hurdle in Front of Washington State’s Drive to Reduce Carbon Emissions
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Mall operator abandons San Francisco amid retail exodus from city
Ranking
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Hydrogen Bus Launched on London Tourist Route
- Hollywood Foreign Press Association Awards $1 Million Grant to InsideClimate News
- Trump Moves to Limit Environmental Reviews, Erase Climate Change from NEPA Considerations
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Can Trump Revive Keystone XL? Nebraskans Vow to Fight Pipeline Anew
- Open enrollment for ACA insurance has already had a record year for sign-ups
- Analysis: India Takes Unique Path to Lower Carbon Emissions
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
How Trump’s ‘Secret Science’ Rule Would Put Patients’ Privacy at Risk
Damar Hamlin is discharged from Buffalo hospital and will continue rehab at home
Government Shutdown Raises Fears of Scientific Data Loss, Climate Research Delays
Biden administration makes final diplomatic push for stability across a turbulent Mideast
9 diseases that keep epidemiologists up at night
The Nipah virus has a kill rate of 70%. Bats carry it. But how does it jump to humans?
In Mount Everest Region, World’s Highest Glaciers Are Melting