Current:Home > MarketsThe Daily Money: Retirement stress cuts across generations -BrightPath Capital
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-16 09:23:40
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! (12)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Brooklyn Nets fire coach Jacque Vaughn
- Daytona 500 grand marshal Dwayne 'The Rock' Johnson, Denny Hamlin embrace playing bad guys
- UConn women's basketball coach Geno Auriemma moves into second all-time in wins
- Small twin
- Alaska’s chief medical officer, a public face of the state’s pandemic response, is resigning
- UConn women's basketball coach Geno Auriemma moves into second all-time in wins
- Connecticut still No. 1 as top 10 of USA TODAY Sports men's basketball poll gets shuffled
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Hiker rescued from 90 mph winds, frigid cold temps at New Hampshire's Mount Washington
Ranking
- Bodycam footage shows high
- Ashlee Simpson recalls 'SNL' lip sync backlash, says she originally declined to perform
- 4 candidates run in Georgia House election to replace Richard Smith, who died
- WikiLeaks founder Assange starts final UK legal battle to avoid extradition to US on spy charges
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Teams combine for three hat tricks in Wild's record-filled 10-7 victory over Canucks
- Full transcript of Face the Nation, Feb. 18, 2024
- Adult and four kids die in Missouri house fire that police deem ‘suspicious’
Recommendation
B.A. Parker is learning the banjo
'Home Improvement' star Zachery Ty Bryan arrested for alleged driving under the influence
Did your iPhone get wet? Apple updates guidance to advise against putting it in rice
Man on trial in killing of 5-year-old daughter said he hated her ‘right to his core,’ friend says
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
How judges in D.C. federal court are increasingly pushing back against Jan. 6 conspiracy theories
Adult and four kids die in Missouri house fire that police deem ‘suspicious’
Can Lionel Messi and Inter Miami be MLS Cup champions? 2024 MLS season preview