Current:Home > ContactThe Daily Money: Retirement stress cuts across generations -Momentum Wealth Path
The Daily Money: Retirement stress cuts across generations
View
Date:2025-04-15 13:21:46
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! (3)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Ecuadorians are choosing a new president amid increasing violence that may scare away voters
- Aaron Rodgers to make New York Jets debut in preseason finale vs. Giants, per report
- Communities across New England picking up after a spate of tornadoes
- Trump's 'stop
- Former respiratory therapist in Missouri sentenced in connection with patient deaths
- Missouri football plans to use both Brady Cook and Sam Horn at quarterback in season opener
- Save $235 on This Dyson Cordless Vacuum and Give Your Home a Deep Cleaning With Ease
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- John Stamos Shares Adorable Video With 5-Year-Old Son Billy on His 60th Birthday
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Police: Man blocking traffic fatally shot after pointing gun at Detroit officer
- Look Hot and Stay Cool With Summer Essentials Picked by Real Housewives of Atlanta's Kandi Burruss
- House fire kills 2 children in North Carolina, and a third is critically injured
- See you latte: Starbucks plans to cut 30% of its menu
- School's starting — but many districts don't have enough bus drivers for their students
- Britney Spears says in an Instagram video that she is 'shocked' about Sam Asghari filing for divorce
- Washington state wildfire leaves at least one dead, 185 structures destroyed
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
Have Mercy and Take a Look at These Cute Pics of John Stamos and His Son Billy
Inter Miami defeats Nashville: Messi wins Leagues Cup after penalty shootout
Drug dealer sentenced to 10 years in prison in overdose death of actor Michael K. Williams
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Blake Lively, Zoey Deutch and More Stars You Didn’t Know Have Famous Relatives
Danielle and Kevin Jonas Get Candid About the Most Difficult Part About Parenthood
Spoilers! 'Blue Beetle' post-credit scene makes a big reveal about future of DC universe