Current:Home > MyThe Daily Money: Retirement stress cuts across generations -Mastery Money Tools
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-12 23:11:46
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! (4)
Related
- B.A. Parker is learning the banjo
- Brandon Sanderson's next Stormlight Archive book is coming. New fans should start elsewhere
- Which NFL teams could stumble out of the gate this season?
- Julianne Hough's Honest Revelations: What She's Said About Sexuality, Love, Loss and More
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Caitlin Clark on Angel Reese's season-ending wrist injury: 'It's definitely devastating'
- Apple's event kicks off Sept. 9. Here's start time, how to watch and what to expect.
- YouTuber Nikocado Avocado Debuts 250-Lb. Weight Loss Transformation
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Michigan groom accused of running over groomsman, killing him, bride arrested, too
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- 'Beetlejuice Beetlejuice' spoilers! Let's unpack that wild ending, creative cameo
- Manhunt underway for suspect in active shooter situation that shut down I-75 in Kentucky
- 'Beetlejuice Beetlejuice' spoilers! Let's unpack that wild ending, creative cameo
- Buckingham Palace staff under investigation for 'bar brawl'
- Joy in Mud Bowl: Football tournament celebrates 50 years of messy fun
- Evacuations ordered as wildfire burns in foothills of national forest east of LA
- NFL Sunday Ticket price: Breaking down how much it costs, plus some discounts
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Russell Wilson's injury puts Justin Fields in as Steelers' starting QB vs. Falcons
Scams are in the air this election season: How to spot phony donations, fake news
Ashley Tisdale Gives Birth, Welcomes Baby No. 2 With Husband Christopher French
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Why an ominous warning didn't stop Georgia school shooting
Alabama congressional district redrawn to better represent Black voters sparks competitive race
Wisconsin health officials recall eggs after a multistate salmonella outbreak