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.
One woman is dead, and three others were injured, in the aftermath of a house fire Tuesday night in Southfield.
Mark Totten, a former federal prosecutor, has suspended his campaign for the Michigan Attorney General race in the 2026 election cycle.
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
Anton Forsberg made 26 saves and the Los Angeles Kings beat the Red Wings 3-1 on Tuesday night as Detroit winger Patrick Kane moved into a tie with Dallas' Mike Modano as the highest-scoring American-born players in NHL history.
Wayne State University issued a shelter-in-place Tuesday night after officials said shots were fired at Chatsworth Suites.
One woman is dead, and three others were injured, in the aftermath of a house fire Tuesday night in Southfield.
Wayne State University issued a shelter-in-place Tuesday night after officials said shots were fired at Chatsworth Suites.
Effective immediately, the policy will allow athletes of MHSAA-member schools to capitalize on NIL through individual opportunities such as endorsements and promotions, personal appearances, modeling and autograph signings.
Mark Totten, a former federal prosecutor, has suspended his campaign for the Michigan Attorney General race in the 2026 election cycle.
A number of water main breaks are under repair in Metro Detroit, and one has resulted in an icy flood along Laing Street.
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.
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
In a full-page ad in the Wall Street Journal, Ye, the artist formerly known as Kanye West, revealed that the right frontal lobe of his brain was injured in a car accident 25 years ago.
Country artist Luke Bryan is scheduled to perform at the Pine Knob Music Theatre in Clarkston on July 11.
The brutal temperatures and sub-zero wind chills are forcing many communities to cancel events this weekend, except here in Detroit.
The nominees for the 98th annual Academy Awards were announced Thursday morning, and though "One Battle After Another," "Marty Supreme," "Frankenstein" and "Hamnet" were all nominated for plenty, it was "Sinners" that broke through with a record-smashing 16 nominations.
The James Beard Foundation has announced its 2026 semifinalist list, which includes chefs and venues from Michigan.
Anton Forsberg made 26 saves and the Los Angeles Kings beat the Red Wings 3-1 on Tuesday night as Detroit winger Patrick Kane moved into a tie with Dallas' Mike Modano as the highest-scoring American-born players in NHL history.
Rep. Ilhan Omar was calling for the abolishment of ICE and for Homeland Security Secretary Kristi Noem to resign when a man sitting in the front row rushed up and sprayed her. He was arrested and Omar was not injured, police said.
UPS executive said the delivery company is moving to cut costs and plans to offer a voluntary separation program for full-time drivers.
The "Doomsday Clock" is a metaphor for how close humanity is to self-annihilation.
President Trump is hiking tariffs on imports from South Korea, saying its government has reneged on an agreement to approve a bilateral trade deal.
When the temperatures plummet, and the snow starts piling up, most of us have the same instinct: retreat indoors, crank up the heat, and get cozy.
Planned Parenthood of Michigan has started to offer vasectomy services in Grand Rapids, with plans to expand the procedure across the state.
At certain temperatures and especially with wind chill, health experts said it can take minutes for frostbite or hypothermia to set in.
Officials in Oakland County, Michigan, say they will establish a committee in an effort to strengthen long-term water safety after Legionella bacteria were detected at two different area facilities last month.
While the termination of these substance abuse and mental health service funds is now reversed, the 48-hour rollercoaster is creating uncertainty and distrust from organizations relying on those dollars.
Anton Forsberg made 26 saves and the Los Angeles Kings beat the Red Wings 3-1 on Tuesday night as Detroit winger Patrick Kane moved into a tie with Dallas' Mike Modano as the highest-scoring American-born players in NHL history.
The Michigan Wolverines and Michigan State Spartans released their 2026 football schedule as both teams prepare for a season with new head coaches.
Effective immediately, the policy will allow athletes of MHSAA-member schools to capitalize on NIL through individual opportunities such as endorsements and promotions, personal appearances, modeling and autograph signings.
The Seahawks and the Patriots previously met in the Super Bowl back in 2015, when a last-second goal line interception by Malcolm Butler sealed the win for New England.
Cade Cunningham had 29 points and 11 assists and the Detroit Pistons routed the Sacramento Kings 139-116 on Sunday for their fifth victory in six games.
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.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
The focus is on health, as Dusty Mysen, a father of four from Oxford, diagnosed with pancreatic cancer several years ago, who underwent aggressive therapy, is now cancer-free five years later.
The roundtable discusses efforts by political and corporate leaders to raise the bar and improve K-12 education with a focus on raising reading scores.
What is "lake effect" snow and why does it lead to snowfall across Michigan? CBS News Detroit's weather team has the answers.
Sweethearts candy hearts have added a "love in this economy" theme to their mix of candy heart messages for 2026.
Minnesota Congresswoman Ilhan Omar was attacked with an unknown substance as she gave remarks at a district town hall Tuesday. CBS News has this report.
A house fire is under investigation in Southfield. Wayne State University issued a two-hour shelter-in-place notice after a shooting on campus. Other top stories.
A lockdown has been lifted as police continue to investigate a shooting that erupted during an altercation at Wayne State University.