Current:Home > MyThe Daily Money: Retirement stress cuts across generations -Infinite Profit Zone
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-16 14:28:44
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! (531)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Lawyers win access to files in New Hampshire youth detention center abuse case
- 'Hell on wheels' teen gets prison in 100 mph intentional crash that killed boyfriend, friend
- Washington Commanders end Baltimore Ravens' preseason win streak at 24 games
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- 1-year-old dies after being left in hot day-care van, and driver is arrested
- Maluma Reveals the Real Secret Behind His Chiseled Thirst Trap Photos
- Melissa Joan Hart Reveals She Was Almost Fired From Sabrina After Underwear Photoshoot
- Rylee Arnold Shares a Long
- Milkshakes from a Tacoma burger joint tied to listeria outbreak that killed 3 people
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Want to tune in for the first GOP presidential debate? Here’s how to watch
- Drew Barrymore Exits Stage During Scary Moment at NYC Event After Man Tells Her I Need to See You
- 'Bottoms' is an absurdist high school sex comedy that rages and soars
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- The Fate of And Just Like That Revealed
- Woman admits bribing state employee to issue driver’s licenses without a road test
- Construction workers among those more likely to die from overdoses during pandemic, CDC says
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Florida woman charged after telling police she strangled her 13-year-old son to death
Olivia Newton-John's daughter Chloe gets candid about her grief journey: 'I have been neglecting myself'
Big Brother comes to MLB? Phillies launch facial recognition at Citizens Bank Ballpark
Average rate on 30
Atlanta-based Morris Brown College says they are reinstating Covid mask mandates
Georgia school district is banning books, citing sexual content, after firing a teacher
Drew Barrymore Audience Member Recounts “Distraught” Reaction to Man’s Interruption