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.
More employees are tapping their nest eggs to cover financial emergencies, from medical care to avoiding eviction.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
Saving $1 million for retirement may sound like an impossible task that not many people have achieved.
According to personal finance website GoBankingRates.com, 42 percent of Americans polled said they have less than $10,000 saved for their eventual retirement.
SurePayroll's General Manager Andy Roe investigates why a majority of small businesses offer little to no retirement plan options.
Whether you're 25 or 55, you know you'll want to retire one day – and to retire in comfort you must save. These five simple steps can help you make a big difference in your efforts to reach retirement with lots of money in your retirement account.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
A judge has upheld most aspects of a new law requiring Michigan public school employees to pay more for their pensions.
A judge has temporarily blocked full implementation of a new law requiring Michigan public school employees to pay more for their pensions.
The Michigan House has approved legislation ending state-provided health care coverage in retirement for new teachers but not a provision forcing them into a 401(k)-style retirement plan.
New teachers in Michigan still would get hybrid pensions under changes made to a teacher benefits bill.
The Michigan Senate has passed a bill that would end pensions for newly-hired public school workers and instead give them 401-k's.
One investment expert recommends investors stay conservative in 2012.
Legislation aimed at reining in retiree benefit costs for Michigan state workers was approved Thursday by the Republican-led House Appropriations Committee.
If you're looking to lay blame for higher gas prices, you might want to look no further than your own 401k retirement account.
Click to view investment workshops for the month of February 2012.
Here is a live tracker of picks for the first round of the 2024 NFL Draft so far.
The NFL Draft announced it is halting entry into Thursday's event after reaching maximum capacity in downtown Detroit.
The NFL draft gives players a chance to show their style and many take advantage with custom-made suits.
Prosecutors say Steven Wheeler, 30, is accused of fatally shooting his wife during an altercation in October 2023.
We're expecting another chilly night before warmer air moves in to the area.
Here is a live tracker of picks for the first round of the 2024 NFL Draft so far.
One of the NFL's biggest events begins Thursday in downtown Detroit. Aside from community events happening in the area, many people are here to see who the teams will select in the 2024 NFL Draft.
The woman charged in a deadly crash at a Monroe County birthday party that killed two children has posted bond two days later, according to the sheriff's office.
The NFL Draft announced it is halting entry into Thursday's event after reaching maximum capacity in downtown Detroit.
Here's everything to know about registration, security policies, road closures, concerts and more for the NFL Draft.
Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline.
Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday.
Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union.
After leading the United Auto Workers on its historic strike against the Detroit Three automakers, Shawn Fain has been named on Time's list of the most influential people of 2024.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
Many of the events taking place at the Corner Ballpark during the three-day event will be for kids, but go down Michigan Avenue, and there will be plenty for adults to do.
From art and architecture to entertainment, the Motor City is at the centerpiece of the draft.
Mary J. Blige, Cher, Foreigner, A Tribe Called Quest, Kool & The Gang, Ozzy Osbourne, Dave Matthews Band and Peter Frampton have been named to the Rock & Roll Hall of Fame.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
Here is a live tracker of picks for the first round of the 2024 NFL Draft so far.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.
As Israel's leader equates U.S. university protests to rallies in Nazi Germany, Palestinian students tell CBS News what the support means to them.
Federal officials say they're double checking whether pasteurization has eradicated the danger from possible bird virus particles in milk.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
The Michigan Legislature is considering two bills that could make getting access to hormonal birth control a little easier.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Organic option is best when buying certain produce, especially blueberries, nonprofit group says in analysis of chemical residues.
Here is a live tracker of picks for the first round of the 2024 NFL Draft so far.
The NFL draft gives players a chance to show their style and many take advantage with custom-made suits.
Big Ten quarterback competitions that started in the spring will carry over to the fall.
One of the NFL's biggest events begins Thursday in downtown Detroit. Aside from community events happening in the area, many people are here to see who the teams will select in the 2024 NFL Draft.
The 5,400-square-foot Lions fan experience at Hart Plaza is bringing Ford Field to the heart of the NFL footprint to get fans pumped for the draft as well as the upcoming football season.
The Motor City is putting the final touches in place for the 2024 NFL Draft as it rolls into Detroit next week.
Michael Bickers, Regional President of PNC Southeast Michigan/Detroit, and Eric Poe, CEO of CURE Auto Insurance, appeared on CBS Detroit's Michigan Matters.
Businesses across Michigan are feeling optimistic about the future after weathering the historic 100-year health pandemic that impacted every company in one way or another.
Three leaders talked about how the region is doing to help people deal with mental health issues.
The issue of abortion and IVF was also discussed during the roundtable, along with thoughts on how they might sway voters this fall.
Some lucky college athletes will have their names called in the 2024 NFL Draft. But what happens after they're drafted? Attorney Donald Smith with Willis Law speaks on the business side of the draft and what players can expect.
Hours before the NFL Draft, CBS News Detroit caught up with sports fans who traveled to the city for the major event.
Ahead of the 2024 NFL Draft, CBS News Detroit asked attorney Mitchell Zajac how NFL rookie contracts work.
We catch up with former Detroit Lions wide receiver and CBS Mornings host Nate Burleson at the 2024 NFL Draft.
Detroit is shining in the spotlight as the host city for the 2024 NFL Draft.