Current:Home > ContactThe Daily Money: Retirement stress cuts across generations -TruePath Finance
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-24 16:22:01
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! (12)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Meg Ryan Stuns in Rare Red Carpet Moment at Vanity Fair 2024 Oscars After-Party
- Who won best picture at the Oscars? Al Pacino's announcement sparks confusion
- Jimmy Kimmel talks about that Trump dig at star-studded after party; Billie Eilish rocks socks
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Monica Sementilli says she did not help plan the murder of her L.A. beauty exec husband. Will a jury believe her?
- Most teens report feeling happy or peaceful when they go without smartphones, Pew survey finds
- Florida rivals ask courts to stop online sports gambling off tribal lands
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Disney seeks major expansion of California theme park to add more immersive attractions
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Federal judge in Texas blocks US labor board rule that would make it easier for workers to unionize
- 2 women who bought fatal dose of fentanyl in Mexico for friend sentenced to probation
- Disney seeks major expansion of California theme park to add more immersive attractions
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Stock market today: Asian shares mostly lower, Japan’s Nikkei 225 falls 2.5%
- 2024 relief pitcher rankings: Stable closers are back in vogue
- Emma Stone was crying, locked out of Oscars during 3 major wins: What you didn't see on TV
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
Which NFL team has the most salary cap space? What to know ahead of NFL free agency
Horoscopes Today, March 9, 2024
Fight between Disney and DeSantis appointees over district control gets a July court hearing
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Maritime corridor for aid to Gaza will take two months to build and 1,000 U.S. forces, Pentagon says
The Livestock Industry’s Secret Weapons: Expert Academics
2 women who bought fatal dose of fentanyl in Mexico for friend sentenced to probation