Current:Home > NewsThe Daily Money: Retirement stress cuts across generations-VaTradeCoin
The Daily Money: Retirement stress cuts across generations
lotradecoin versus coinbase exchange View Date:2024-12-26 10:25:38
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! (44348)
Related
- Video shows drone spotted in New Jersey sky as FBI says it is investigating
- Warren Buffett surprises by slashing Berkshire Hathaway’s longtime Apple stake in second quarter
- Inside Gymnast Olivia Dunne and MLB Star Paul Skenes’ Winning Romance
- Vitriol about female boxer Imane Khelif fuels concern of backlash against LGBTQ+ and women athletes
- Stock market today: Asian shares advance, tracking rally on Wall Street
- Meta to pay Texas $1.4 billion in 'historic settlement' over biometric data allegations
- Never any doubt boxers Imane Khelif and Lin Yu-Ting are women, IOC president says
- The 'Tribal Chief' is back: Roman Reigns returns to WWE at SummerSlam, spears Solo Sikoa
- New Jersey targets plastic packaging that fills landfills and pollutes
- Meet the artist whose job is to paint beach volleyball at the 2024 Olympics
Ranking
- Most reports ordered by California’s Legislature this year are shown as missing
- 2024 Olympics: British Racer Kye Whyte Taken to Hospital After Crash During BMX Semifinals
- U.S. defense secretary rejects plea deal for 9/11 mastermind, puts death penalty back on table
- US Homeland Security halts immigration permits from 4 countries amid concern about sponsorship fraud
- The burial site of the people Andrew Jackson enslaved was lost. The Hermitage says it is found
- Arizona governor negotiates pause in hauling of uranium ore across Navajo Nation
- 3 brought to hospital after stabbing and shooting at Las Vegas casino
- 1 of 3 killed in Nevada prison brawl was white supremacist gang member who killed an inmate in 2016
Recommendation
-
ParkMobile $32.8 million settlement: How to join class
-
Stephen Nedoroscik, 'pommel horse guy,' wins bronze in event: Social media reactions
-
More US schools are taking breaks for meditation. Teachers say it helps students’ mental health
-
Olympic Muffin Man's fame not from swimming, but TikTok reaction 'unreal'
-
Drew Barrymore Addresses Criticism Over Her Touchiness With Talk Show Guests
-
Florida deputy killed and 2 officers wounded in ambush shooting, police say
-
Aerosmith retires from touring permanently due to Steven Tyler injury: Read full statement
-
J.Crew’s Epic Weekend Sale Features an Extra 60% off Clearance Styles with Tops Starting at $8