Current:Home > reviewsThe Daily Money: Retirement stress cuts across generations -LegacyBuild Academy
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-12 10:29:02
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! (54)
Related
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- 'Yellowstone's powerful opening: What happened to Kevin Costner's John Dutton?
- What to know about Mississippi Valley State football player Ryan Quinney, who died Friday
- Vikings' Camryn Bynum celebrates game-winning interception with Raygun dance
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- A crowd of strangers brought 613 cakes and then set out to eat them
- The Army’s answer to a lack of recruits is a prep course to boost low scores. It’s working
- 1 monkey captured, 42 monkeys still on the loose after escaping research facility in SC
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- 'He's driving the bus': Jim Harbaugh effect paying dividends for Justin Herbert, Chargers
Ranking
- Sonya Massey's father decries possible release of former deputy charged with her death
- Who's hosting 'SNL' tonight? Musical guest, start time, where to watch Nov. 9 episode
- Is Veterans Day a federal holiday? Here's what to know for November 11
- Trump's election has women swearing off sex with men. It's called the 4B movement.
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, 4G
- 'He's driving the bus': Jim Harbaugh effect paying dividends for Justin Herbert, Chargers
- Atmospheric river to bring heavy snow, rain to Northwest this week
Recommendation
The White House is cracking down on overdraft fees
Are banks, post offices, UPS and FedEx open on Veterans Day? Here's what to know
Diddy's ex-bodyguard sues rape accuser for defamation over claims of 2001 assault
Are banks, post offices, UPS and FedEx open on Veterans Day? Here's what to know
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Suspected shooter and four others are found dead in three Kansas homes, police say
Utah AD Mark Harlan rips officials following loss to BYU, claims game was 'stolen from us'
Early Black Friday Deals: 70% Off Apple, Dyson, Tarte, Barefoot Dreams, Le Creuset & More + Free Shipping