Current:Home > FinanceThe Daily Money: Retirement stress cuts across generations -Dynamic Money Growth
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-17 18:40:39
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! (28569)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Welcome to America! Now learn to be in debt
- Q&A: Eliza Griswold Reflects on the Lessons of ‘Amity and Prosperity,’ Her Deep Dive Into Fracking in Southwest Pennsylvania
- With Build Back Better Stalled, Expanded Funding for a Civilian Climate Corps Hangs in the Balance
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- A New, Massive Plastics Plant in Southwest Pennsylvania Barely Registers Among Voters
- Elon Musk says 'I've hired a new CEO' for Twitter
- Fake viral images of an explosion at the Pentagon were probably created by AI
- Meta releases AI model to enhance Metaverse experience
- Why Jennifer Lopez Is Defending Her New Alcohol Brand
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- A new film explains how the smartphone market slipped through BlackBerry's hands
- Why Won’t the Environmental Protection Agency Fine New Mexico’s Greenhouse Gas Leakers?
- In Georgia, Bloated Costs Take Over a Nuclear Power Plant and a Fight Looms Over Who Pays
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Bromelia Swimwear Will Help You Make a Splash on National Bikini Day
- Soaring pasta prices caused a crisis in Italy. What can the U.S. learn from it?
- Travel Stress-Free This Summer With This Compact Luggage Scale Amazon Customers Can’t Live Without
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Jessica Simpson Sets the Record Straight on Whether She Uses Ozempic
How AI could help rebuild the middle class
A Natural Ecology Lab Along the Delaware River in the First State to Require K-12 Climate Education
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Today’s Al Roker Is a Grandpa, Daughter Courtney Welcomes First Baby With Wesley Laga
Can YOU solve the debt crisis?
Does Michael Jordan Approve of His Son Marcus Dating Larsa Pippen? He Says...