Current:Home > MarketsThe Daily Money: Retirement stress cuts across generations -NextGenWealth
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-19 03:27:21
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! (28)
Related
- Kehlani Responds to Hurtful Accusation She’s in a Cult
- Ice Loss and the Polar Vortex: How a Warming Arctic Fuels Cold Snaps
- Today’s Climate: May 12, 2010
- Investors Worried About Climate Change Run Into New SEC Roadblocks
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- Today’s Climate: May 3, 2010
- I Tested Out Some Under-the-Radar Beauty Products From CLE Cosmetics— Here's My Honest Review
- Water Source for Alberta Tar Sands Drilling Could Run Dry
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Today’s Climate: May 19, 2010
Ranking
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- Vanderpump Rules' Ariana Madix Reunites With New Man Daniel Wai for NYC Date Night
- Not Sure What to Wear Under Low Cut, Backless Looks? Kim Kardashian's SKIMS Drops New Shapewear Solutions
- Water Source for Alberta Tar Sands Drilling Could Run Dry
- Illinois governor calls for resignation of sheriff whose deputy fatally shot Black woman in her home
- Today’s Climate: May 1-2, 2010
- Vanderpump Rules: Ariana Madix Catches Tom Sandoval Lying Amid Raquel Leviss Affair
- Vanderpump Rules: Ariana Madix Catches Tom Sandoval Lying Amid Raquel Leviss Affair
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Olivia Culpo Shares Why She's Having a Hard Time Nailing Down Her Wedding Dress Design
Missing resident from Davenport, Iowa, building collapse found dead, officials confirm
Luxurious Mother’s Day Gift Ideas for the Glam Mom
Tropical weather brings record rainfall. Experts share how to stay safe in floods.
Why Pete Davidson's Saturday Night Live Episode Was Canceled
Once-Rare Flooding Could Hit NYC Every 5 Years with Climate Change, Study Warns
Gwyneth Paltrow Shares Sex Confessions About Her Exes Brad Pitt and Ben Affleck