Current:Home > NewsThe Daily Money: Retirement stress cuts across generations -ProfitPoint
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-15 06:40:30
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! (2386)
Related
- Average rate on 30
- NFL Reporter Doug Kyed Shares Death of 2-Year-Old Daughter After Leukemia Battle
- Two Virginia men claim $1 million prizes from New Year's raffle
- France fines Amazon $35 million for ‘excessively intrusive’ monitoring of warehouse staff
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Ron DeSantis announced his campaign's end with a Winston Churchill quote — but Churchill never said it
- Jennifer Lopez's Chin-Grazing Bob Is Her Most Drastic Hair Change Yet
- Sri Lankan lawmakers debate controversial internet safety bill amid protests by rights groups
- 'Most Whopper
- Malaria mass-vaccination program launches in Cameroon, bringing hope as Africa battles surging infections
Ranking
- Travis Hunter, the 2
- How America Ferrera’s Sisterhood of the Traveling Pants Costars Celebrated Her Oscar Nomination
- Bill offering income tax relief to Delaware residents fails to clear Democrat-led House committee
- Illinois shootings leave 8 people killed; suspect dead of self-inflicted gunshot in Texas, police say
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Oscar nominations 2024: Justine Triet becomes 8th woman ever nominated for best director
- Pet cat found dead in the snow with bite marks after being thrown off train by conductor, sparking outrage
- After long delay, Virginia lawmakers advance nominees for powerful regulatory jobs
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
To parents of kids with anxiety: Here's what we wish you knew
Appeals court rejects Trump’s bid to reconsider gag order in the election interference case
Brian Callahan to be hired as Tennessee Titans head coach
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Massachusetts governor praises Navy SEAL who died trying to save fellow SEAL during a mission
Super Bowl 58 officiating crew: NFL announces team for 2024 game in Las Vegas
Lily Gladstone, first Native American actress nominee, travels to Osage country to honor Oscar nod