Current:Home > FinanceThe Daily Money: Retirement stress cuts across generations -AssetTrainer
The Daily Money: Retirement stress cuts across generations
Rekubit Exchange View
Date:2025-04-08 07:57:56
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! (6)
Related
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Woman sues Jermaine Jackson over alleged sexual assault in 1988
- Charles Melton makes Paul Dano 'blush like a schoolboy' at 2024 NYFCC Awards
- Older adults can save on 2023 taxes by claiming an extra deduction. Here's how to do it.
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Kentucky governor backs longer list of conditions eligible for treatment under medical marijuana law
- 24 Hour Flash Deal— Get a $167 Amazon Fire Tablet Bundle for Just $79
- UN somber economic forecast cites conflicts, sluggish trade, high interest and climate disasters
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Federal lawsuit seeks to force Georgia mental health agencies to improve care for children
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Claiborne ‘Buddy’ McDonald, a respected Mississippi judge and prosecutor, dies at 75
- Valerie Bertinelli is embracing her gray hair. Experts say accepting aging is a good thing.
- A Look at Bradley Cooper's Surprisingly Stacked History
- Could your smelly farts help science?
- With 2024 being a UK election year, the opposition wants an early vote. PM Rishi Sunak is in no rush
- Oscar Pistorius is set to be released on parole. He will be strictly monitored until December 2029
- The Excerpt podcast: E-bikes are everywhere. Can we navigate with them safely?
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Mary Kay Letourneau's Ex-Husband Vili Fualaau Slams Ripoff May December Film
Natalia Grace Adoption Case: How Her Docuseries Ended on a Chilling Plot Twist
The U.S. Mint releases new commemorative coins honoring Harriet Tubman
2 killed, 3 injured in shooting at makeshift club in Houston
US applications for unemployment benefits fall again as job market continues to show strength
Hoping to 'raise bar' for rest of nation, NY governor proposes paid leave for prenatal care
How many national championships has Michigan won? Wolverines title history explained