Millions of Gen-Xers have almost nothing saved for retirement
"The American Dream of retirement is going to be a nightmare for too many Gen-Xers," one expert said.
"The American Dream of retirement is going to be a nightmare for too many Gen-Xers," one expert said.
Two out of three U.S. adults do not have a will or other estate planning documents, according to a Caring.com survey
With the delay of the tax filing deadline this year, you can contribute to your traditional or Roth IRA accounts until May 17. CBS News business analyst Jill Schlesinger joins CBSN to discuss how to make the most of your retirement savings.
Millions of Americans are seeing their finances taking serious hits because of the pandemic, and some people are looking to withdraw money from their retirement funds. Daniel Geltrude, founder and managing partner at financial consulting firm Geltrude & Company, joins CBSN to discuss how you can get your retirement planning back on track.
CBS MoneyWatch spoke to The New School's retirement expert, labor economist Teresa Ghilarducci, about why women and workers of color are more likely to be forced into early retirements during the coronavirus pandemic.
Investing can seem intimidating when you have no background information or resources, but it may be more accessible than you think. Something as simple as a 401(k) or IRA can lead to greater retirement earnings than using a traditional savings account. CBS News business analyst Jill Schlesinger joined CBSN with more on how to make the most out of your investments.
Workers at every age should try to set aside some of their earnings for retirement, said CBS News Business Analyst Jill Schlesinger
The rules for hardship withdrawals are strict and the costs of taking money from your future retirement can be sky-high
The bipartisan bill would allow more small businesses to help with retirement plans, help contribute and pay off loans and let parents use retirement money to help with childcare
Millennials take note: The key to retiring on time is starting to save money early. Follow this advice from experts
Half of American parents are skimping on retirement savings to support their adult children. Here's why that's bad
The bedrock retirement programs for middle- and working-class Americans are in shaky financial shape, report shows
A generation defined by high levels of debt often thinks paying off credit cards and student loans trumps saving for retirement
In our Eye on Money series, we are looking at costly mistakes people make with their finances. Failing to have a will is one of the biggest errors you can make. Fifty-eight percent of American adults have not prepared estate planning documents, according to Caring.com. We spoke to a Massachusetts woman who could lose the home she has lived in for most of her life because her step-father did not leave a will. CBS News business analyst Jill Schlesinger, who writes about the importance of having a will in "The Dumb Things Smart People Do with Their Money," joins "CBS This Morning" to offer practical tips.
A new survey by the investment giant BlackRock suggests tens of millions of Americans still haven't started saving for their retirement. Only 52 percent of women say they've begun to put money away, compared to 61 percent of men. Americans who have a retirement savings plan say they feel a greater sense of well-being. BlackRock president Rob Kapito joins "CBS This Morning" to discuss the state of retirement savings.
It really depends on how old you are and whether you've got a strategy in place for inevitable market drops
Tom Coomer, 80, is just one of nearly 10 million Americans over 65 still working. He was working as a machinist when his plant closed down, just one year shy of getting his full pension. CBS News correspondent Mark Strassmann has his story.
Many Americans are forced to hold off on their retirement, working past 65. CBS business analyst Jill Schlesinger joins "CBS Evening News" anchor Jeff Glor to explain why people are working longer, and what they can do to secure their financial future.
The IRS has raised its annual contribution maximums for 401(k)s, IRAs, and health savings accounts
A new survey finds workers who retired are coming back to the workforce, many times in a completely different career. Katie Aupperle from KXJB-TV reports from Fargo, North Dakota.
Your chances of having enough savings set aside by retirement time are much greater if you follow these tips
A new study reveals a jarring truth for baby boomers. Instead of retirement and relaxation, many are facing bankruptcy. More than 12 percent of those who file for bankruptcy protection are over 65, a figure that was just over 2 percent in 1991.
It can be tempting to chase high-flying stocks that could reap big rewards--but also carry big risks. Here's what financial experts recommend to keep your retirement on track.
Even if you don't think you've invested in tech stocks, there's a good chance you have if you have a retirement fund. Co-founders of MarketSnacks, Nick Martell and Jack Kramer, join CBSN to discuss the impact of investing in highly valued tech stocks.
Just a few more months of work can make a big difference for your retirement savings.
Game 3 of the Timberwolves vs. Suns NBA Playoffs series is tonight. Here's how and when to watch all the action.
The Clippers face the Mavericks in Game 3 of the 2024 NBA Playoffs. Find out how and when to watch tonight's game.
These deals won't last long.
Find out how and when to watch Game 3 of the Milwaukee Bucks vs. Indiana Pacers NBA Playoffs series tonight.
Using one of the best outdoor projector is the perfect way to host a movie night for friends and family.
Save big on each model of Apple AirPods ahead of the holiday by shopping our curated selection of deals.
Here's how to watch Game 3 of the New York Knicks vs. Philadelphia 76ers NBA Playoff series tonight.
When the kids are out and about, these smartwatches and fitness trackers can help everyone communicate.
Wondering if Medicare covers hearing aids? Learn more about which plans offer coverage for for hearing aids.
If ratified, one effect of the change is that it could allow for the American church to authorize same-sex marriages within the church.
Follow live updates as former National Enquirer publisher David Pecker fields questions from former President Donald Trump's defense team.
The Heisman Trophy was returned to former University of Southern California running back Reggie Bush Thursday after a 14-year dispute with the NCAA.
A new rule will affect frozen breaded and stuffed raw chicken products that appear to be fully cooked but are only heat-treated.
Alabama has set a July 18 execution date for a man convicted in the 1998 shooting death of a delivery driver who had stopped at an ATM.
A new rule will affect frozen breaded and stuffed raw chicken products that appear to be fully cooked but are only heat-treated.
The National Highway Traffic Safety Administration is investigating whether last year's recall of Tesla's Autopilot driving system did enough to make sure drivers pay attention to the road.
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
U.S. regulators are reviving a rescinded rule, laying the groundwork for for a major court fight with the broadband industry.
Follow live updates as former National Enquirer publisher David Pecker fields questions from former President Donald Trump's defense team.
After meeting China's leader Xi Jinping, Antony Blinken says both sides agree that difficult discussions are essential to avoid "any miscalculations."
President Biden finds familiar and active allies for his reelection bid with labor union endorsements.
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.
Senate Minority Leader Mitch McConnell appears on "Face the Nation" as pro-Palestinian protests roil American politics.
Are you using your smartwatch to the fullest? Here are 4 metrics doctors say can be useful to track beyond your daily step count.
Joel Embiid has been experiencing Bell's palsy symptoms, he said after Philadelphia's 125-114 win over the New York Knicks.
CDC's provisional figures show a 2% decline in births from 2022 to 2023.
Don't brush your teeth after breakfast? Or after vomiting? Dentists say it can wear away your enamel. Here's what to do instead.
Federal officials say they're double checking whether pasteurization has eradicated the danger from possible bird virus particles in milk.
A Bucharest court has ruled that a case against social media influencer Andrew Tate meets the required legal criteria and can go ahead, but there's no date set yet.
A 20-year-old British man has been charged with plotting an arson attack on a Ukraine-linked target in London at the behest of Russia.
In Tanzania, heavy rains have affected more than 200,000 people and ruined major infrastructure, officials said.
A pair of bears picked the wrong person to mess with when they approached a 50-year-old karate practitioner.
Sabreen Erooh had survived an emergency cesarean section after her mother was fatally wounded in an Israeli airstrike.
Preview: In an interview to be broadcast on "CBS News Sunday Morning" April 28, the Oscar-nominated actress also talks about her debut as a singer-songwriter with the album "Glorious."
Looking for a place to live in NYC? Zillow is now listing Frank Sinatra and Mia Farrow's former home on the Upper East Side.
Italy's Culture Ministry has banned loans of works to the Minneapolis Institute of Art, following a dispute with the U.S. museum over an ancient marble statue believed to have been looted from Italy almost a half-century ago.
The renowned Moulin Rouge cabaret venue's director has vowed to "rise to the challenge" after the windmill's sails fell off.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
Are you using your smartwatch to the fullest? Here are 4 metrics doctors say can be useful to track beyond your daily step count.
Local and federal authorities face challenges in investigating and prosecuting romance scammers because the scammers are often based overseas. Jim Axelrod explains.
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.
U.S. regulators are reviving a rescinded rule, laying the groundwork for for a major court fight with the broadband industry.
Meta began rolling out its new AI-powered smart assistant software, saying it will be integrated across Instagram, Facebook and Messenger. Adam Auriemma, editor-in-chief for CNET, joined CBS News to discuss the new tool.
Pediatrician Dr. Mona Hanna-Attisha, whose work has spurred official action on the Flint water crisis, told CBS News that it's stunning that "we continue to use the bodies of our kids as detectors of environmental contamination." She discusses ways to support victims of the water crisis, the ongoing work of replacing the city's pipes and more in this extended interview.
Ten years ago, a water crisis began when Flint, Michigan, switched to the Flint River for its municipal water supply. The more corrosive water was not treated properly, allowing lead from pipes to leach into many homes. CBS News correspondent Ash-har Quraishi spoke with residents about what the past decade has been like.
According to the University of California, Davis, residential energy use is responsible for 20% of total greenhouse gas emissions in the U.S. However, one company is helping residential buildings reduce their impact and putting carbon to use. CBS News' Bradley Blackburn shows how the process works.
Emerging cicadas are so loud in one South Carolina county that residents are calling the sheriff's office asking why they can hear a "noise in the air that sounds like a siren, or a whine, or a roar." CBS News' John Dickerson has details.
Representatives from across the world are gathering in Ottawa, Canada, to negotiate a potential treaty to limit plastic pollution. CBS News national environmental correspondent David Schechter has the latest on the talks.
A Bucharest court has ruled that a case against social media influencer Andrew Tate meets the required legal criteria and can go ahead, but there's no date set yet.
After Kristen Trickle died at her home in Kansas, her husband Colby Trickle received over $120,000 in life insurance benefits and spent nearly $2,000 on a sex doll supposedly to help him sleep.
Expert panel discussion centers the focus on the disparity that 1 in 3 victims of crime in Chicago is a Black woman
The State of New York Court of Appeals overturned Harvey Weinstein's 2020 rape conviction Thursday and has ordered a new trial. Julie Rendelman, a criminal defense attorney, and CBS News national correspondent Jericka Duncan look at the possible reasons why it was overturned and what it means for Weinstein, who was also convicted of rape in Los Angeles in 2022.
A New York appeals court overturned Harvey Weinstein's 2020 conviction on felony sex crimes. The court ruled that the disgraced movie mogul did not have a fair trial because the judge who presided over the case allowed women to testify about allegations that were not part of the charges against him. Weinstein will remain in prison because of his rape conviction in Los Angeles.
Astronauts Barry Wilmore and Sunita Williams say they have complete confidence in the Starliner despite questions about Boeing's safety culture.
In 1961, Ed Dwight was selected by President John F. Kennedy to enter an Air Force training program known as the path to NASA's Astronaut Corps. But he ultimately never made it to space.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
The Shenzhou 18 crew will replace three taikonauts aboard the Chinese space station who are wrapping up a six-month stay.
In November 2023, NASA's Voyager 1 spacecraft stopped sending "readable science and engineering data."
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
The judge in Donald Trump's "hush money" trial says more arguments will be heard next Thursday over whether the former president should be held in contempt for allegedly violating the gag order set in the case. CBS News correspondent Errol Barnett has more on that and the resumption of testimony from former National Enquirer publisher David Pecker.
Former National Enquirer publisher David Pecker's testimony will continue in Donald Trump's New York criminal trial Friday morning, a day after he revealed new details about the alleged "catch and kill" scheme he engaged in for the Trump campaign in 2016. CBS News correspondent Errol Barnett has more.
Demonstrations over the war in Gaza are growing on college campuses across the country. Columbia University students are digging in for their 10th day of demonstrations after the school retreated from its midnight deadline to break up an encampment. CBS News Boston reporter Penny Kmitt reports from Northeastern University where another encampment has been built as part of protests there.
An American tourist in Turks and Caicos is out on bail after he was arrested by airport security when they allegedly found ammo in his luggage. Ryan Watson says it was mistakenly in his bag, but he's now facing a potential mandatory minimum sentence of 12 years behind bars. CBS News senior travel adviser Peter Greenberg has more.
Secretary of State Antony Blinken met with Chinese President Xi Jinping Friday in an effort to stabilize relations between the U.S. and China. While speaking in Beijing earlier, Blinken urged China to end its support for Russia's war in Ukraine. CBS News national security reporter Olivia Gazis has more.