Current:Home > reviewsThe Daily Money: Retirement stress cuts across generations -WealthSync Hub
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-16 19:41:30
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! (85)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- Why Penélope Cruz Isn't Worried About Aging Ahead of Her 50th Birthday
- More than 300 journalists around the world imprisoned because of their work, report says
- Oh, bother! Celebrate National Winnie the Pooh Day by streaming these movies and shows
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- 'Law & Order,' 'SVU' season premieres: release date, how to watch, cast
- DOJ Uvalde report says law enforcement response to school shooting was a failure
- Fan’s racist abuse of match official leads to 1-point deduction for French soccer club Bastia
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Usher's Vogue cover sparks backlash: He deserves 'his own cover,' fans argue
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Reba McEntire to sing national anthem at Super Bowl, plus Post Malone and Andra Day performances
- Wisconsin Assembly approves bill guaranteeing parental oversight of children’s education
- Boyfriend of woman fatally shot when they turned into the wrong driveway testifies in murder trial
- Meta releases AI model to enhance Metaverse experience
- 1st Nevada Republican Senate primary debate won’t feature front-runner backed by national party
- Mariska Hargitay, 'Law & Order: SVU' stars celebrate 25th anniversary milestone in NYC
- What If the Clean Energy Transition Costs Much Less Than We’ve Been Told?
Recommendation
Meet first time Grammy nominee Charley Crockett
Warriors vs. Mavericks game postponed following death of assistant coach Dejan Milojević
Bid by meatpacker JBS to join New York Stock Exchange faces opposition over Amazon deforestation
Spidermen narcos use ropes in Ecuador's biggest port to hide drugs on ships bound for the U.S. and Europe
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Texas defies federal demand that it abandon border area, setting up legal showdown
The Best Vegan Boots for Comfort & Style, Backed by Glowing Reviews
Reba McEntire to sing national anthem at Super Bowl, plus Post Malone and Andra Day performances