Current:Home > InvestThe Daily Money: Retirement stress cuts across generations -AssetVision
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-20 00:10:39
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! (659)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Selling Sunset's Maya Vander Welcomes Baby Following Miscarriage and Stillbirth
- Colorado Anti-Fracking Activists Fall Short in Ballot Efforts
- ACM Awards 2023 Winners: See the Complete List
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Today’s Climate: August 26, 2010
- Historian on Trump indictment: Our system is working … Nobody is above the law
- China reduces COVID-19 case number reporting as virus surges
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- The Pope has revealed he has a resignation note to use if his health impedes his work
Ranking
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- 4 shot, 2 critically injured, in the midst of funeral procession near Chicago
- Government Delays Pipeline Settlement Following Tribe Complaint
- 90 Day Fiancé: The Other Way Finale Sees Gabe Break Down in Tears During Wedding With Isabel
- In ‘Nickel Boys,’ striving for a new way to see
- National Teachers Group Confronts Climate Denial: Keep the Politics Out of Science Class
- Despite Electoral Outcomes, Poll Shows Voters Want Clean Economy
- This is what displaced Somalians want you to know about their humanitarian crisis
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
CRISPR gene-editing may boost cancer immunotherapy, new study finds
The Twisted Story of How Lori Vallow Ended Up Convicted of Murder
Greater exercise activity is tied to less severe COVID-19 outcomes, a study shows
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Mass. Court Bans Electricity Rate Hikes to Fund Gas Pipeline Projects
Ashley Graham Shares the Beauty Must-Have She Uses Morning, Noon and Night
Yet Another Biofuel Hopeful Goes Public, Bets on Isobutanol