Current:Home > ContactThe Daily Money: Retirement stress cuts across generations -WealthTrail Solutions
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-17 12:50:13
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! (53471)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- Scottish authorities sign extradition order for US fugitive accused of faking his death
- Here Are the Invisible Strings Connecting Taylor Swift and Travis Kelce
- Chargers trade J.C. Jackson to Patriots, sending him back to where his career began, AP source says
- A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
- Biden admin is forgiving $9 billion in debt for 125,000 Americans. Here's who they are.
- California motorcycle officer, survivor of Las Vegas mass shooting, killed in LA area highway crash
- Western countries want a UN team created to monitor rights violations and abuses in Sudan
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- 2023 MLB playoffs: Phillies reach NLDS as every wild-card series ends in sweep
Ranking
- Olympic women's basketball bracket: Schedule, results, Team USA's path to gold
- Kim Kardashian Models for Balenciaga Following Its Controversial Ad Campaign
- Meet this year’s MacArthur ‘genius grant’ recipients, including a hula master and the poet laureate
- With an audacious title and Bowen Yang playing God, ‘Dicks: The Musical’ dares to be gonzo
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Julia Ormond sues Harvey Weinstein saying he assaulted her; accuses CAA, Disney, Miramax of enabling
- Saltwater creeping up Mississippi River may contaminate New Orleans' drinking water
- U.N. approves sending international force to Haiti to help quell gang violence
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Giuliani to lose 2nd attorney in Georgia, leaving him without local legal team
Too much Taylor? Travis Kelce says NFL TV coverage is ‘overdoing it’ with Swift during games
Columbus statue, removed from a square in Providence, Rhode Island, re-emerges in nearby town
What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
What to do with 1.1 million bullets seized from Iran? US ships them to Ukraine
Salma Hayek and Daughter Valentina Have the Ultimate Twinning Moment During Rare Appearance
iCarly Revival Canceled After 3 Seasons on Paramount+