Current:Home > MarketsThe Daily Money: Retirement stress cuts across generations -Visionary Growth Labs
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-22 22:44:49
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! (5465)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Taylor Swift plays mashup of Exile and song from debut album in Indianapolis
- Will the 'khakis' be making a comeback this Election Day? Steve Kornacki says 'we'll see'
- 9 Years After the Paris Agreement, the UN Confronts the World’s Failure to Reduce Greenhouse Gas Emissions
- All That You Wanted to Know About She’s All That
- What time do stores open on Black Friday? Hours for TJ Maxx, Home Depot, IKEA, more
- Social media users weigh in on Peanut the Squirrel being euthanized: 'This can’t be real'
- Proof Jelly Roll and Bunnie XO Will Be There for Each Other ‘Til the Wheels Fall Off
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- 'Taylor is thinking about you,' Andrea Swift tells 11-year-old with viral costume
Ranking
- Highlights from Trump’s interview with Time magazine
- Rare coin sells for over $500K after sitting in Ohio bank vault for 46 years
- Election Throws Uncertainty Onto Biden’s Signature Climate Law
- Puka Nacua ejected: Rams star WR throws punch vs. Seahawks leading to ejection
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Talking About the Election With Renewable Energy Nonprofit Leaders: “I Feel Very Nervous”
- Election Day forecast: Good weather for most of the US, but rain in some swing states
- Senior dog found on floating shopping cart gets a forever home: See the canal rescue
Recommendation
New data highlights 'achievement gap' for students in the US
North Carolina sees turnout record with more than 4.2M ballots cast at early in-person voting sites
Election Day forecast: Good weather for most of the US, but rain in some swing states
RFK Jr. says Trump would push to remove fluoride from drinking water. ‘It’s possible,’ Trump says
Meta releases AI model to enhance Metaverse experience
Puka Nacua ejected: Rams star WR throws punch vs. Seahawks leading to ejection
Will the 'khakis' be making a comeback this Election Day? Steve Kornacki says 'we'll see'
Video shows moment dog recognizes owner after being lost for five months in the wilderness