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Monday, 25 August 2025

Who wants to be a 401(k) millionaire?

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Also: New logo has restaurant chain over a barrel ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Aug 25 2025

 

Daniel de Visé Personal Finance Reporter

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

Mary Woulf was 22, a single mother and a college dropout. She went to a temp agency for a receptionist job. She did well on the test, so they sent her to their best client, a national mortgage lender.  

"I was only supposed to be there for three months," she said. She stayed for 13 years. 

Woulf opened a retirement savings account in 1990. Thirty-five years later, she has a million dollars.  

New logo has restaurant chain over a barrel

Cracker Barrel is facing widespread backlash over its new logo, which no longer features a folksy country-store guy sitting next to a barrel.

Customers were so upset, in fact, that the chain saw an almost $10 drop in stock value over the course of one day.

A six-figure income by 35?

Land a dream job at 29. Buy your first home at 30. Earn six figures by 35. 

Realistic or not, those are the ages Americans ascribe to some of life's financial milestones, according to a new survey from Empower, the retirement services provider.  

Empower asked roughly 1,000 Americans to set target ages for six life milestones: retirement saving, landing a dream job, earning six figures, buying a home, becoming debt-free, and retiring.  Here's what they said.

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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.

Mary Woulf is a 401(k) millionaire. She's been saving since age 22.

These six workers became 401(k) millionaires without massive salaries or inherited wealth.

Cracker Barrel has unveiled a new logo.
 

Cracker Barrel stock dropped after rebranding backlash. What to know.

Cracker Barrel experienced an almost $10 decrease in stock in one day after announcing it would be updating its restaurant and logo.

A pile of dollar bills.
 

A six-figure income by 35? Ideal ages for 6 money milestones.

Buy your first home at 30. Earn six figures by 35. Realistic or not, those are ages Americans ascribe to some of life's financial milestones.

A player moves pieces of the game Star Wars Legion, which is mostly made in China, at Game Kastle in College Park, Maryland, July 24, 2025.
 

Want a cheap board game night? No dice.

Board game customers can expect higher prices and fewer offerings as publishers grapple with new tariffs on imports from China.

Senator Rand Paul (R-KY) gives U.S. President Donald Trump a thumbs up after Trump signed an Executive Order to make it easier for Americans to buy bare-bone health insurance plans and circumvent Obamacare rules at the White House in Washington, U.S., October 12, 2017.
 

Trump signals plan to expand controversial type of health insurance

Short-term insurance plans cost less than Affordable Care Act plans but come with a catch. Insurers can limit benefits or deny coverage.

Containers are stacked on the deck of cargo ship One Minato at Port Liberty New York in Staten Island, New York, U.S., April 2, 2025.
 

Trade loophole ending: What it means for cheap imported goods

A policy that waived import duties for low-cost goods allowed retailers like Shein and Temu to thrive. That policy is ending, here's what it means.

The 2026 Cadillac Escalade IQ is among the four new electric vehicle models General Motors has added to its portfolio since second-quarter 2024.
 

Buying an EV? Here's why electric cars are so heavy

The weight of a car can be attributed to many components, but one part in particular might surprise you. It can also affect your safety.

Someone kissing another person on the cheek while both hold coffee mugs.
 

How to determine the Required Minium Distribution from your IRA

Calculating your Required Minimum Distribution is a straightforward process once you have the information you need from the IRS.

Gen Xers Gina and Simon Hemmings don't have any kids, but they spend a lot on things that matter to them, like their dog, Huxley.
 

Gen Xers have often been forgotten. Don't discount them

A new joint study may change the minds of retailers and brands about forgetting the members of Generation X.

USA TODAY
 

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