Current:Home > MyThe Daily Money: Retirement stress cuts across generations -WealthSync Hub
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-12 12:57:06
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! (2572)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- RHOC's Alexis Bellino Threatens to Expose Videos of Shannon Beador From Night of DUI
- Ed Sheeran joins Taylor Swift onstage in Wembley for epic triple mashup
- Silk non-dairy milk recalled in Canada amid listeria outbreak: Deaths increased to three
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Harvard and graduate students settle sexual harassment lawsuit
- AP Week in Pictures: Global
- Lily Collins has found ‘Emily 2.0’ in Paris
- Federal hiring is about to get the Trump treatment
- Watchdogs want US to address extreme plutonium contamination in Los Alamos’ Acid Canyon
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Watch mom freeze in shock when airman son surprises her after two years apart
- Weeks into her campaign, Kamala Harris puts forward an economic agenda
- Former NASCAR champion Kurt Busch arrested for DWI, reckless driving in North Carolina
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Jordanian citizen charged for attacking Florida energy plant, threats condemning Israel
- Watchdogs want US to address extreme plutonium contamination in Los Alamos’ Acid Canyon
- The collapse of an iconic arch in Utah has some wondering if other famous arches are also at risk
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Number of potentially lethal meth candies unknowingly shared by New Zealand food bank reaches 65
Federal subpoenas issued in probe of New York Mayor Eric Adams’ 2021 campaign
Olympic Runner Noah Lyles Reveals He Grew Up in a “Super Strict” Cult
B.A. Parker is learning the banjo
Ohio deputy fired more than a year after being charged with rape
Trader Joe's recalls over 650,000 scented candles due to fire hazard
Feds announce funding push for ropeless fishing gear that spares rare whales