Current:Home > MyThe Daily Money: Retirement stress cuts across generations -Elevate Capital Network
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-16 03:27:40
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! (8)
Related
- Rylee Arnold Shares a Long
- NASCAR Texas playoff race 2023: Start time, TV, streaming, lineup for AutoTrader EchoPark Automotive 400
- Tropical Storm Ophelia weakens to a depression
- The threat of wildfires is rising. So is new artificial intelligence solutions to fight them
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- Report: Chicago Bears equipment totaling $100K stolen from Soldier Field
- Pakistan’s prime minister says manipulation of coming elections by military is ‘absolutely absurd’
- Why Lindsie Chrisley Blocked Savannah and Siblings Over Bulls--t Family Drama
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- With temporary status for Venezuelans, the Biden administration turns to a familiar tool
Ranking
- 'Stranger Things' prequel 'The First Shadow' is headed to Broadway
- Why are people on TikTok asking men how often they think about the Roman Empire?
- May These 20 Secrets About The Hunger Games Be Ever in Your Favor
- Bribery case against Sen. Menendez shines light on powerful NJ developer accused of corruption
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- League of Legends, other esports join Asian Games in competition for the first time
- Biden faces foreign policy trouble spots as he aims to highlight his experience on the global stage
- Amazon Prime Video will cost you more starting in 2024 if you want to watch without ads
Recommendation
American news website Axios laying off dozens of employees
Alabama finds pulse with Jalen Milroe and shows in Mississippi win it could be dangerous
Why can't babies have honey? The answer lies in microscopic spores.
Why are people on TikTok asking men how often they think about the Roman Empire?
FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
Home explosion in West Milford, New Jersey, leaves 5 hospitalized
UNGA Briefing: There’s one more day to go after a break — but first, here’s what you missed
Phil Knight, Terrell Owens and more show out for Deion Sanders and Colorado