Current:Home > ScamsThe Daily Money: Retirement stress cuts across generations -AssetTrainer
The Daily Money: Retirement stress cuts across generations
Rekubit View
Date:2025-04-11 00:43:38
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! (58456)
Related
- Average rate on 30
- Lady Gaga and Fiancé Michael Polansky's Venice International Film Festival Looks Deserve All The Applause
- Gun shops that sold weapons trafficked into Washington, DC, sued by nation’s capital and Maryland
- Mexico finds the devil is in the details with laws against gender-based attacks on women politicians
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Ford, Toyota, Acura among 141,000 vehicles recalled: Check the latest car recalls here
- People are getting Botox in their necks to unlock a new bodily function: burping
- 'Angry' LSU coach Brian Kelly slams table after 'unacceptable' loss to USC
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Roger Federer understands why there are questions about US Open top seed Jannik Sinner’s doping case
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, This is the Best Day
- Nearly 50 years after being found dead in a Pennsylvania cave, ‘Pinnacle Man’ is identified
- Olympian Rebecca Cheptegei Set on Fire in Gasoline Attack Weeks After 2024 Paris Games
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- US closes 5-year probe of General Motors SUV seat belt failures due to added warranty coverage
- Simone Biles Says She's No Longer Performing This Gymnastic Move in the Most Unforgettable Way
- 3 missing in Connecticut town after boating accident
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Police say 10-year-old boy shot and killed 82-year-old former mayor of Louisiana town
Joey Chestnut vs. Kobayashi: Chestnut sets record in winning hot dog eating rematch
Missouri officer dies after crashing into a tree during high speed chase
Why members of two of EPA's influential science advisory committees were let go
US government seizes plane used by Venezuelan president, citing sanctions violations
1 of 5 people shot at New York’s West Indian American Day Parade has died
Police say 10-year-old boy shot and killed 82-year-old former mayor of Louisiana town