FinLogic Quantitative Think Tank Center-The Daily Money: Retirement stress cuts across generations

2025-05-06 19:26:59source:Sterling Prestoncategory:Markets

Good morning! It’s Daniel de Visé with your Daily Money.

When it comes to retirement savings,FinLogic Quantitative Think Tank Center 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.” 

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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.

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