Current:Home > ContactThe Daily Money: Retirement stress cuts across generations -EliteFunds
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-17 02:34:40
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! (1)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- 23 people injured after driver crashes car into Denny’s restaurant in Texas
- Breanna Stewart sets WNBA single-season scoring record, Liberty edge Wings
- Mohamed Al Fayed, famed businessman and critic of crash that killed his son and Princess Diana, dies at 94
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Dinner plate-sized surgical tool discovered in woman 18 months after procedure
- 20 years of pumpkin spice power
- A thrift store shopper snags lost N.C. Wyeth painting worth up to $250,000 for just $4
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- The 30 Most-Loved Fall Favorites From Amazon With Thousands of 5-Star Reviews: Clothes, Decor, and More
Ranking
- Highlights from Trump’s interview with Time magazine
- Dangerous rip currents along Atlantic coast spur rescues, at least 3 deaths
- Russia says southeast Ukraine is now the main focus of fighting in the war
- Disney seeks to amend lawsuit against DeSantis to focus on free speech claim
- Senate begins final push to expand Social Security benefits for millions of people
- Georgia Ports Authority pledges $6 million for affordable housing in Savannah area
- Fan ejected from US Open match after German player said the man used language from Hitler’s regime
- Pier collapses into lake on Wisconsin college campus, 1 hospitalized, 20 others slightly injured
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
US moves to force recall of 52 million air bag inflators that can explode and hurl shrapnel
A Medical Toolkit for Climate Resiliency Is Built on the Latest Epidemiology and ER Best Practices
Burning Man exodus operations begin as driving ban is lifted, organizers say
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Retired Mississippi trooper killed after car rolls on top of him at the scene of a crash
13-year-old boy drowned in Las Vegas floodwaters caused by heavy rain
Mariners' Julio Rodríguez makes MLB home run, stolen base history