Why many American seniors are forced to work in retirement
About one in five people over age 65, or approximately 11 million Americans, are still working.
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About one in five people over age 65, or approximately 11 million Americans, are still working.
A new study finds that the median retirement savings of people who are 55 is just $50,000, far from what experts recommend.
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
Despite a "lifetime of caring and working for their families," millions of mothers are completely unprepared for retirement, one expert said.
About 1 in 5 millennials is counting on their children to support them in old age, and less than half are banking on Social Security.
Simply contributing to your 401(k) won’t guarantee you a secure retirement. CBS MoneyWatch contributor and financial advisor Ray Martin shares savings mistakes you need to avoid.
If you're in your 60s, retirement may be right around the corner. What are the most important things you need to do right now to prepare? CBS New financial analyst Mellody Hobson has the answer.
CBS News financial analyst Mellody Hobson explains how to set the stage for a secure retirement now, plus details how much you should be saving.
When you're in your 40s, every dollar you save for retirement is essential. CBS News financial analyst Mellody Hobson details the most common obstacles to reaching retirement goals.
CBS News financial analyst Mellody Hobson shows just how big your nest egg can be if you start putting away money in your 20s. And, she offers ideas for jumpstarting a savings plan.
Households headed by 30-somethings are more likely than other age groups to have significant credit card debt. Don't let this stand between you and a secure retirement warns Mellody Hobson, CBS News financial analyst. She also offers suggestions for how to best save for the future, and where to invest that money.
AARP Legislative Policy Director David Certner outlines a few things that even a Congress mired in gridlock can do to ease the growing number of seniors in poverty.
Sen. Susan Collins, R-Maine, ranking memner of the Special Committee on Aging, explains how federal lawmakers can realistically help the growing number of seniors falling short of what they need in retirement.
AARP Legislative Policy Director David Certner says federal lawmakers have come to think of Social Security as simply a “sacrificial lamb” in budget deals.
Marc Hardekopf retired in 2013 in his mid-thirties. CBS News' Alexander Trowbridge reports on how he pulled it off.
Like many entrepreneurs, shoe-repair shop owner Giovanni Perrupato has found it difficult to save money for retirement while juggling family and business costs
Maria Gamb quit her corporate gig to start her own business, and now sees retirement in a whole new light
Sen. Bob Casey, D-Pa., a member of the Special Committee on Aging, explains his position on whether higher life expectancy and increasing poverty among seniors should prompt a new standard retirement age in America.
Retirees risk damaging their credit scores in retirement by reducing or eliminating their use of credit cards
As baby boomers leave the workforce and decide where to live, more retirement communities are springing up near colleges and universities
An algorithm that visualizes your older self has been proven to motivate people to put away more money for the future
Americans are increasingly using their retirement funds as a source for emergency cash -- big mistake
For retirees, the "good old days" weren't nearly as golden as many seem to believe
Simply joining your 401(k) plan at work and contributing regularly won't ensure a secure retirement
New report finds Social Security offices closing and services being slashed even as the system juggles more beneficiaries than ever before
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
Mike and Kayla Wintz lost their entire 11,000-acre ranch to a wildfire in the span of about two hours. They have since been gifted about $80,000 worth of hay, mostly from anonymous donors.
A federal appeals court has restricted access to one of the most common means of abortion in the U.S. by blocking the mailing of mifepristone.
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
Have tickets to fly on Spirit? Here's what to know about refunds and alternative flights if the budget airline ceases operations this weekend.
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals.
Former Sen. Ben Sasse, 54, called daraxonrasib "a miracle drug" that was allowing him to live longer and with less pain.
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
Nahida Bristy and Zamil Limon were last seen in the Tampa area on April 16. Limon's roommate has been charged with their murders.
The first refund payments will go out later this month as the portal works through kinks to return money to businesses.
Former FBI Director James Comey was charged with two counts arising out a now-deleted image he shared on Instagram that showed seashells arranged to read "86 47."
The "big beautiful bill" requires U.S. states to add work requirements to Medicaid by January 2027. Experts warn millions could lose health coverage.
U.S. Navy Aviation Radioman 2nd Class Robert L. Cyr Jr. enlisted at 17 and flew patrols in the Pacific before his death at 19.
Negotiations over a $500 million dollar government aid package for Spirit stalled after bondholders balked at the terms.
ICE reported the 18th death of an individual in its custody so far this year, putting the agency on track to record a new all-time high in detainee deaths.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Since 2021, the share of U.S.-based employees who have left their jobs to work in another country has more than doubled.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
Federal telecom regulators can revoke broadcast licenses, but legal experts say the FCC would face a tough road in forcing ABC to go dark.
The Kentucky Derby will see a full field of 20 horses in the first leg of the 2026 competition for horse racing's Triple Crown.
Kentucky State Police said a man went to a U.S. Bank in Berea, Kentucky, and shot and killed a man and a woman, both employees at the bank.
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
Mike and Kayla Wintz lost their entire 11,000-acre ranch to a wildfire in the span of about two hours. They have since been gifted about $80,000 worth of hay, mostly from anonymous donors.
A federal appeals court has restricted access to one of the most common means of abortion in the U.S. by blocking the mailing of mifepristone.
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
Have tickets to fly on Spirit? Here's what to know about refunds and alternative flights if the budget airline ceases operations this weekend.
The deal merged Major League Pickleball and the Carvana PPA Tour, two of the nascent sport's most active entities, under one company, Pickleball Inc.
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
Have tickets to fly on Spirit? Here's what to know about refunds and alternative flights if the budget airline ceases operations this weekend.
The first refund payments will go out later this month as the portal works through kinks to return money to businesses.
The "big beautiful bill" requires U.S. states to add work requirements to Medicaid by January 2027. Experts warn millions could lose health coverage.
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
The new measures increase pressure on foreign financial institutions by threatening their access to U.S. markets if they continue to work with Cuban government entities.
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals.
A federal appeals court has restricted access to one of the most common means of abortion in the U.S. by blocking the mailing of mifepristone.
Former Sen. Ben Sasse, 54, called daraxonrasib "a miracle drug" that was allowing him to live longer and with less pain.
The "big beautiful bill" requires U.S. states to add work requirements to Medicaid by January 2027. Experts warn millions could lose health coverage.
Hundreds of foreign doctors about to complete training in the U.S. will have to leave the country if the federal government doesn't rapidly process their visa waiver applications, immigration attorneys say.
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
Journalist Paige McClanahan writes about how tourism shapes societies and individuals, and about the need to redefine the meaning of "tourist" in today's shrinking world.
James Holder, 54, was found guilty by a jury in Gloucester Crown Court of one count of rape for the May 2022 assault.
Iran said it had offered a new proposal to the U.S. to end the war, as the Strait of Hormuz standoff sends costs soaring around the world.
Gold House revealed its 2026 Gold100 list honoring Asian Pacific culture. Co-founder and CEO Bing Chen joins CBS News with more.
The bestselling author and editor of The Golfer's Journal teed up for a challenge – taking over operations of a failing nine-hole community golf course in New York's Catskill Mountains – and writes of the tribulations that were par for the course.
The pop star sat down with Gayle King for an exclusive interview airing Monday on "CBS Mornings."
Lizzo sits down with "CBS Mornings" co-host Gayle King to discuss what the public misunderstands about her.
Spencer Pratt, who starred in the mid-2000s reality TV show "The Hills," released a new ad in his campaign for Los Angeles mayor that's getting attention online. CBS News political director Fin Gómez joins with analysis.
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Elon Musk's testimony concluded Thursday in his lawsuit against OpenAI. Nicholas Thompson, CEO of The Atlantic and host of "The Most Interesting Thing in AI" podcast, joins "The Takeout" with analysis.
Elon Musk was cross-examined in his lawsuit against OpenAI on Thursday. In testimony on Wednesday, he said he was "a fool" for funding OpenAI. He is accusing OpenAI and its CEO, Sam Altman, of betraying him and the public by abandoning its core mission as it transitioned from a nonprofit to a for-profit company. WIRED senior writer Maxwell Zeff joins CBS News to discuss.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
Friday marked exactly three months since Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing. Briana Whitney, a breaking news reporter for the Crime Junkie podcast, joins "The Daily Report" with more.
For more than 100 years, the White House Correspondents' Dinner has celebrated the First Amendment and freedom of the press. The annual event is also a fundraiser for journalism scholarships. This year, the White House Correspondents' Association awarded $156,000 in grants to 30 college students. Two recipients, Kaitlin Bender-Thomas and Madison Maynard, join "The Daily Report" to discuss the shooting.
Newly released video shows the White House Correspondents' Dinner shooting suspect and his movements ahead of the attack. Other video also shows a clearer image of the confrontation between law enforcement and the suspect. CBS News' Anna Schecter has more details.
A body found in Tampa Bay has been identified as the second missing student from the University of South Florida, according to the sheriff, who called their killings a "monstrous crime." Cristian Benavides reports.
According to investigators, a gunman was inside the D.C. Hilton last Friday, waiting for his chance to assassinate President Trump and members of his Cabinet. New video offers the clearest view yet of what happened just before the attack. Nicole Sganga reports.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Saturday marks the 152nd running of the Kentucky Derby at Churchill Downs. 20 horses are set to run for the roses in the first leg of the triple crown. Hannah Vanbiber, a senior editor at The Athletic, joins "The Daily Report" to preview what's dubbed the most exciting two minutes in sports.
Friday marked exactly three months since Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing. Briana Whitney, a breaking news reporter for the Crime Junkie podcast, joins "The Daily Report" with more.
Consumers are cutting back on goods with sharp price increases, according to the Bureau of Economic Analysis. From December to February, spending on clothing fell 7%, spending on furniture fell 5% and spending on sports equipment fell 6%. The Wall Street Journal economics reporter Rachel Wolfe writes in her recent piece that recent inflation is not driven by consumer demand, but by companies passing on increased costs to customers. She joins "The Daily Report" to discuss.
For more than 100 years, the White House Correspondents' Dinner has celebrated the First Amendment and freedom of the press. The annual event is also a fundraiser for journalism scholarships. This year, the White House Correspondents' Association awarded $156,000 in grants to 30 college students. Two recipients, Kaitlin Bender-Thomas and Madison Maynard, join "The Daily Report" to discuss the shooting.
Earnings reports for Exxon Mobil and Chevron showed a decrease in profits during the last fiscal quarter due to Iran war disruptions. Despite the loss on paper, both U.S. oil giants topped Wall Street expectations when it came to revenue for the three month period ending March 31. CBS News business contributor Javier David has more.