Saving for retirement a challenge for the "sandwich generation"
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
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Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
The investigation into a listeria outbreak linked to deli meats from Boar's Head continues, Eli Lilly is cutting the price of its weight loss drug Zepp and the number of "401k millionaires" is growing.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
"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.
Officers are investigating a robbery that happened during a purchase transaction in the police station parking lot in Livonia.
The Detroit Tigers have unveiled alternate uniform styles ahead of the 2026 Major League Baseball season.
A 4-year-old boy was declared dead after he was found underwater at a hotel swimming pool in Livonia, police say.
The Mackinac Bridge between Michigan's peninsulas was closed to all traffic Thursday morning because of falling ice.
Redford Union is the second Southeast Michigan school confirmed to have halted student picture sessions through Lifetouch.
The Mackinac Bridge between Michigan's peninsulas was closed to all traffic Thursday morning because of falling ice.
The Detroit Tigers have unveiled alternate uniform styles ahead of the 2026 Major League Baseball season.
Detroit Police Chief Todd Bettison says the two incidents happened in the last few months, on Dec. 16, 2025, and Feb. 9, 2026.
Officers are investigating a robbery that happened during a purchase transaction in the police station parking lot in Livonia.
A 4-year-old boy was declared dead after he was found underwater at a hotel swimming pool in Livonia, police say.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
The winter storm that brought snow to Southeast Michigan on Sunday didn't stop car enthusiasts from leaving their homes for the final day of the 2026 Detroit Auto Show.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
For the first time, a major U.S. automaker is putting a team up against the European giants of Formula One. Can Cadillac be a contender?
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
A CBS News analysis found 126 cases that were brought by federal prosecutors last year arising out of threats to public officials.
Brad Reese claims Hershey is cutting costs by relying on cheaper ingredients, risking the Reese's brand.
The wreck of the stone-hauling vessel is in the same area where the founder of the Cleveland Underwater Explorers died in 2024.
The series of strikes brought the death toll to at least 145 people since the administration began targeting the small vessels since September.
Two Michigan legislators got the chance to tour an ICE detention facility in northern Michigan on Tuesday, and now they are sharing what is happening behind those doors.
Michigan lawmakers required schools to adopt a cardiac emergency response plan for the current school year if the Legislature appropriated "sufficient funds," but funding wasn't dedicated in the education budget.
What started as food poisoning for a young boy in Clinton Township turned into years of organ failure.
Officials announced eligibility for mothers and babies in the city of Detroit.
Two Metro Detroit representatives are among those sponsoring a bill that calls for a 32% tax on any wireless device purchased for someone age 17 and younger.
The Oakland Community Health Network will now be taking over that responsibility amidst a financial dispute between the two organizations.
The Detroit Tigers have unveiled alternate uniform styles ahead of the 2026 Major League Baseball season.
The U.S. and Canada men's hockey teams are moving on to the semifinals at the Winter Olympics.
The Michigan native will stay on the team until a successor is hired, the team says.
A Washtenaw County judge on Tuesday granted a motion for an evidentiary hearing for ex-Michigan football coach Sherrone Moore, saying that prosecutors made an omission.
Lucas Raymond of the Detroit Red Wings was Sweden's best player and perhaps one of the best in the entire men's hockey tournament at the Milan Cortina Olympics.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
An ICE Out protest took place Thursday morning in Pontiac; and one is scheduled Friday in Howell.
The U.K.'s former Prince Andrew, now Andrew Mountbatten-Windsor, was arrested Thursday for suspected misconduct in public office after revelations in the Jeffrey Epstein files.
Top national security officials have told President Trump that the U.S. military is ready for potential strikes on Iran as soon as Saturday.
Redford Union is the second Southeast Michigan school confirmed to have halted student picture sessions through Lifetouch, a national photography company.
Detroit police were back on scene Thursday morning after the bodies of three men were found in the basement of a home on Wednesday afternoon.