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
Organizers say more than 3,100 events have been registered in the U.S., with more than 9 million people expected to participate.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
In 2021, Woods was seriously injured in a rollover crash in Rolling Hills Estates, a Los Angeles suburb.
Seizing the highly enriched uranium would be more difficult and complex than anything U.S. Special Operations forces have ever attempted, military experts told CBS News.
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
Eric Fernando Gutierrez Molina, 32, a U.S. citizen and North Texas resident, went missing Saturday evening after a night out with a fellow flight attendant.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
Shannon Tufuga is accused of kidnapping Amberlee Collazo's son, driving him to her home and forcing him to apologize to her child, whom she claimed he bullied.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Stocks suffered a fifth straight weekly loss as oil prices climbed and mixed signals on Iran raised fears about inflation and growth.
Stock market volatility is hitting higher-income Americans, driving a sharper drop in consumer sentiment.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
On Aug. 23, 1990, Cheryl Henry, 22, and her boyfriend Andy Atkinson, 21, were found dead in what has been called the "Lover's Lane Murders."
The Justice Department has made public millions of pages from its investigation into convicted sex offender Jeffrey Epstein.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
The House passed a measure to fund the Department of Homeland Security for 60 days — but it's still unclear how the shutdown will end as the Senate, which approved its own funding plan, is on recess.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
In a rare interview, Michael Jordan discusses settling his antitrust fight with NASCAR, his passion for racing and more.
A helicopter crashed Thursday afternoon on a remote beach on the Hawaiian island of Kauai, killing three people and injuring two, authorities said.
A search is underway for an American Airlines flight attendant whose disappearance while on a layover in Medellín, Colombia, has left his loved ones desperate for answers.
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
Organizers say more than 3,100 events have been registered in the U.S., with more than 9 million people expected to participate.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
In 2021, Woods was seriously injured in a rollover crash in Rolling Hills Estates, a Los Angeles suburb.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
At this year's CPAC, many attendees toed a fine line between backing the war in Iran and worrying about how the conflict could expand.
As the U.S.-Iran war nears the one-month mark, the fragile global oil market has emerged as a key weapon in Iran's arsenal — and some shipping and insurance experts don't expect the situation to return to normal until the conflict winds down.
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
The Colombian navy said it also seized thousands of gallons of smuggled fuel, preventing "the strengthening of illicit economies."
Leo became the first pope to visit the glitzy enclave since Pope Paul III went to Monaco in 1538.
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
Rockstar Billy Idol spoke to Anthony Mason about how he broke into music, why he says he's lucky to be alive and what it's like to be a grandparent.
The finale of the FX series "Love Story" aired Thursday and has captivated audiences as it follows the romance between John F. Kennedy. Jr. and Carolyn Bessette Kennedy. The limited series focuses on well-documented moments in the couple's lives, but fills in the rest with fiction. It has also received some backlash. Adriana Diaz reports.
Savannah Guthrie is speaking out about her mom's disappearance as she prepares to return to the "Today" show. CBS News' Jonathan Vigliotti reports.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
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.
As AI use rises, many see it decreasing the number of jobs available.
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
Tiger Woods was released from the Martin County jail in Florida following his DUI arrest after a rollover crash on Friday.
The Colombian navy said it also seized thousands of gallons of smuggled fuel, preventing "the strengthening of illicit economies."
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
Tiger Woods was charged with driving under the influence after a car crash in Jupiter, Florida, on Friday, authorities announced during a news conference. CBS News' Anna Schecter joins with more.
Four NASA astronauts are gearing up for a historic mission to return humans to deep space for the first time in over 50 years. The crew touched down at the Kennedy Space Center in Florida on Friday for final preparations ahead of next week's planned Artemis II launch. CBS News space consultant Bill Harwood has more.
It's the dawn of a new lunar era for NASA, with the four-person Artemis II crew arriving Friday afternoon at Florida's Kennedy Space Center after spending two weeks quarantining in Houston. CBS News space contributor Christian Davenport joins "The Takeout" to preview the mission.
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
The countdown is on for NASA's return to the moon. CBS News senior national correspondent Mark Strassmann reports on the upcoming Artemis II launch from the Kennedy Space Center in Cape Canaveral, Florida.
The comet originated in the outer solar system and visits the inner solar system every 5.4 years.
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.
Tiger Woods was released from the Martin County jail in Florida following his DUI arrest after a rollover crash on Friday.
"CBS Saturday Morning" sits down with Jill Schlesinger to answer some of your most pressing questions on personal finance.
A young boy, who showed to the hospital for a procedure alone, gets a happy ending when his doctor adopts him – and helps his siblings too. Plus, more heartwarming news.
Strikes in the Middle East intensified overnight, as Iranian-backed Houthi rebels claimed a missile launch toward Israel and 10 U.S. service members were wounded in an Iranian strike in Saudi Arabia, officials said. Meanwhile, the Strait of Hormuz remains barred to most global oil transports.
Airports around the U.S. continue to deal with long lines and short staffing after Congress once again failed to reach an agreement over Department of Homeland Security funding.