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.
Here's how to watch the Cardinals take on the Seahawks today.
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Want to watch the Philadelphia Eagles vs. Los Angeles Rams NFL game today? Here's how.
Here's everything you need to know about watching the Kansas City Chiefs-Carolina Panthers game today.
Want to know how to watch the Tampa Bay Buccaneers vs. New York Giants NFL game today? Here's what you need to know.
Want to know how to watch the New England Patriots vs. Miami Dolphins NFL game today? Here's what you need to know.
Find out how (and where) to watch the Lions face off with the Colts today.
Find out how (and where) to watch the Vikings face off with the Bears today.
Luigi Mangione, the gunman suspected of killing UnitedHealthcare CEO Brian Thompson, is now charged with murder in New York City.
President-elect Donald Trump announced Monday he will nominate Bay Area attorney Harmeet Dhillon for a position at the U.S. Department of Justice.
A polygamist leader in Arizona has been sentenced to 50 years in prison.
Democratic governors met in Los Angeles over the weekend to discuss the way forward, as GOP is set to control all three branches of the federal government.
Consumers are venting frustrations about health insurance in wake of UnitedHealthcare CEO murder. Costs have outpaced inflation for years.
Only 10 states require a personal finance course for high schoolers, but one teacher says she tells her students it's the most important course they will take.
Consumers are venting frustrations about health insurance in wake of UnitedHealthcare CEO murder. Costs have outpaced inflation for years.
Extreme weather and a smaller supply of tree has pushed up prices, but this year consumers are getting break.
The game's design nudged people into racking up unauthorized charges, the FTC said. Here's how customers will be refunded.
The restaurant chain attributed the mess-up to staffing challenges, saying refusal of service was unrelated to the students' abilities.
President-elect Donald Trump announced Monday he will nominate Bay Area attorney Harmeet Dhillon for a position at the U.S. Department of Justice.
Peaceful protesters, including a 26-year-old American woman, were abused at the torture center.
Democratic governors met in Los Angeles over the weekend to discuss the way forward, as GOP is set to control all three branches of the federal government.
Some Senate Republicans said the allegations against Hegseth should be taken seriously only if the anonymous sources come forward.
The U.S. said it is trying to identify Tice's whereabouts after the toppling of the Assad regime.
Consumers are venting frustrations about health insurance in wake of UnitedHealthcare CEO murder. Costs have outpaced inflation for years.
The Environmental Protection Agency banned two solvents known to cause a range of cancers: trichloroethylene (TCE) and perchloroethylene (PCE).
The WHO says 406 cases of the disease have been recorded and that more than half of those who died were children younger than 5.
Mary Jo Burkhard, 71, went to the emergency room with worrying symptoms. It wasn't the heart attack she feared.
The U.S. Department of Agriculture is issuing a new federal order requiring raw, unpasteurized milk samples nationwide to be collected and tested.
Peaceful protesters, including a 26-year-old American woman, were abused at the torture center.
The U.S. said it is trying to identify Tice's whereabouts after the toppling of the Assad regime.
Othman El Ballouti, who was sanctioned by the U.S. last year, was held over an international arrest warrant issued by Belgian authorities.
The WHO says 406 cases of the disease have been recorded and that more than half of those who died were children younger than 5.
The Philippines' Kanlaon volcano erupted for nearly four minutes, shooting ash 2.5 miles into the sky and prompting the emergency evacuation of some 87,000 people.
The game's design nudged people into racking up unauthorized charges, the FTC said. Here's how customers will be refunded.
Selena Gomez is up for two acting awards at the 2025 Golden Globes for her roles in the film "Emilia Pérez" and the series "Only Murders in the Building."
Mindy Kaling and Morris Chestnut announced the 2025 Golden Globes nominations on Monday, unveiling 10 categories exclusively on "CBS Mornings." Watch the full coverage.
Award-winning actor and comedian Billy Crystal's newest project is a psychological thriller on Apple TV+ called "Before." Crystal joined "CBS Mornings" to talk about producing and starring in the new series.
Morris Chestnut and Mindy Kaling announced the nominations for the 82nd annual Golden Globes Monday morning. Fandango managing director Erik Davis has a look at the nominees.
The second Trump administration is poised to be a powerful ally for the crypto industry. President-elect Donald Trump spoke highly of cryptocurrencies on the campaign trail, and his cabinet picks reflect that, with former PayPal executive David Sacks set to serve as Trump's crypto and artificial intelligence czar. Makena Kelly, senior politics reporter for Wired, joins CBS News to dig into Sacks' background.
The game's design nudged people into racking up unauthorized charges, the FTC said. Here's how customers will be refunded.
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.
A federal appeals court upheld a law that will ban TikTok in the U.S. in the coming months if its Chinese parent company doesn't sell its stake in the app. Scott MacFarlane has more.
A federal appeals court upheld a law Friday that would ban TikTok in the U.S. if the app's Chinese parent company, ByteDance, does not sell it. TikTok and ByteDance could still appeal the case to the Supreme Court. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the challenges of reaching a deal, with the law set to take effect on Jan. 19.
Experts predict climate change could actually make snow worse in some areas of the U.S. Meanwhile, nearly two-thirds of the U.S. is seeing less snowfall than in the 1970s. CBS News national climate correspondent Dave Malkoff explains how.
Wisdom the Laysan albatross was first tagged by researchers in 1956. Since then, she's believed to have raised as many as 30 chicks.
President-elect Donald Trump indicated that once in office, he plans on ending the consumer tax credit for electric vehicle purchases. Business Insider autos senior reporter Nora Naughton joins "The Daily Report" to discuss the potential impact and when consumers should buy.
CBS News tracked plastic cups meant to be recycled by Starbucks and found that most of those did not end up at recycling facilities. CBS News' David Schechter breaks down the investigation's findings.
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Luigi Mangione, the gunman suspected of killing UnitedHealthcare CEO Brian Thompson, is now charged with murder in New York City.
Luigi Mangione, a man arrested in Pennsylvania, is being questioned in connection with the murder of UnitedHealthcare CEO Brian Thompson in New York City. Mangione was arraigned in a Pennsylvania courtroom on separate charges and denied bail. CBS News' Lilia Luciano and Anna Schecter have the latest.
The murder of UnitedHealthcare CEO Brian Thompson in the middle of Manhattan has some major corporations rethinking their strategies for protecting top executives. Oliver Barnes, U.S. pharmaceutical and biotech correspondent for the Financial Times, joins CBS News to discuss.
Police have identified and detained what is being described as a "strong person of interest" in the shooting death of UnitedHealthcare CEO Brian Thompson. CBS News law enforcement contributor Richard Esposito, former NYPD deputy commissioner, joins to explain why it may have taken five days for police to make an arrest.
In New York City, a jury acquitted a man in the chokehold death of a subway rider. Daniel Penny had pleaded not guilty to second-degree manslaughter and criminally negligent homicide charges. CBS New York reporter Alice Gainer was in the courtroom when the verdict was read.
The Geminid meteor shower this year is set to peak at almost the same time as December's full moon, which could make for challenging viewing conditions.
NASA's next two Artemis moon missions have been pushed back once again, with the first lunar landing in more than a half-century not scheduled to take place until at least mid-2027. NASA said the delay is partly so that it can address issues with the Orion spacecraft's heat shield.
Heat shield damage seen during the first Artemis test flight is now understood, NASA says, but more time is needed to implement fixes.
A small asteroid neared the Earth's atmosphere before exploding. Derrick Pitts, the Franklin Institute's chief astronomer and planetarium director, joins CBS News with more on the phenomenon.
Jared Isaacman is an entrepreneur and veteran private astronaut with strong ties to Elon Musk and his rocket company SpaceX.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Luigi Mangione, a man arrested in Pennsylvania, is being questioned in connection with the murder of UnitedHealthcare CEO Brian Thompson in New York City. Mangione was arraigned in a Pennsylvania courtroom on separate charges and denied bail. CBS News' Lilia Luciano and Anna Schecter have the latest.
The demand for weight loss drugs, like Ozempic and Wegovy, has skyrocketed in the past few years despite the high cost and unpleasant side effects for some people. The New York Times reports some patients are finding a way around both of these concerns by experimenting with microdosing the drugs. Dr. Jeremy Faust, emergency physician at Brigham and Women's Hospital in Boston, joins CBS News to assess the safety and risks of the practice.
The second Trump administration is poised to be a powerful ally for the crypto industry. President-elect Donald Trump spoke highly of cryptocurrencies on the campaign trail, and his cabinet picks reflect that, with former PayPal executive David Sacks set to serve as Trump's crypto and artificial intelligence czar. Makena Kelly, senior politics reporter for Wired, joins CBS News to dig into Sacks' background.
The murder of UnitedHealthcare CEO Brian Thompson in the middle of Manhattan has some major corporations rethinking their strategies for protecting top executives. Oliver Barnes, U.S. pharmaceutical and biotech correspondent for the Financial Times, joins CBS News to discuss.
Police have identified and detained what is being described as a "strong person of interest" in the shooting death of UnitedHealthcare CEO Brian Thompson. CBS News law enforcement contributor Richard Esposito, former NYPD deputy commissioner, joins to explain why it may have taken five days for police to make an arrest.