
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.
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"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.
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Jose Morales, 48, was convicted by a jury of murder and evidence tampering in Christine Holloway's killing. Their baby daughter, Vanessa, disappeared at the time and remains missing.
In exchange for David Slater's guilty plea in conspiring to transmit classified information about Russia's war with Ukraine on a foreign online dating platform, two other counts were dropped.
A farmer in Oklahoma was killed by two water buffaloes he had purchased at a livestock auction the day before, police said.
The states lost out on billions in funding for after-school and summer programs, teacher training and other initiatives.
An adoption agency once turned Kelly and Larry Peterson away because they have spina bifida. Today, they're the proud parents of Hadley, a child with complex medical needs.
The announcement comes just days after Grok generated antisemitic responses and praised Hitler, which were later deleted.
Starting Monday, Starbucks rewards members can access "secret" customizations in the coffee giant's app.
U.S. retailers and other importers that had largely halted shipments in May due to tariffs, resumed imports from China in June, amid truce.
Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels
The states lost out on billions in funding for after-school and summer programs, teacher training and other initiatives.
The announcement comes just days after Grok generated antisemitic responses and praised Hitler, which were later deleted.
"We are very unhappy, I am, with Russia," President Trump said Monday while in a meeting with NATO Secretary General Mark Rutte.
Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.
King Charles invited the pair for the official visit from Sept. 17-19, Buckingham Palace said.
The study, published Monday in the journal Pediatrics, found a 763% increase in the rate of reported nicotine pouch ingestions among children younger than 6 from 2020 to 2023.
The U.S. Food and Drug Administration approved a new blue color additive derived from the fruit of the gardenia, a flowering evergreen, for use in a variety of drinks and candies.
Several states have registries to prioritize help for vulnerable residents in natural disasters. But many disability advocates say they endanger people with mobility problems by giving a false sense of security.
The death in Coconino County, which includes Flagstaff, was the first recorded death from pneumonic plague since 2007, local officials said.
Micah Clayborne was diagnosed with Danon disease, a rare condition, after complaining of chest pains. He needed a heart transplant.
Constance Marten, 38, and Mark Gordon, 51, were arrested after a seven-week police hunt in 2023 during which they spent time living in a tent.
"We are very unhappy, I am, with Russia," President Trump said Monday while in a meeting with NATO Secretary General Mark Rutte.
U.S. retailers and other importers that had largely halted shipments in May due to tariffs, resumed imports from China in June, amid truce.
Jos Leijdekkers is on Europol's most-wanted list, with the European police body offering over $225,000 for information leading to his arrest.
The arachnids were found at Cologne Bonn airport after customs officials were tipped off by a "noticeable smell" that did not match the expected aroma of the alleged treats.
Author Daniel Silva joins "CBS Mornings" to talk about his newest novel, a fast-paced international mystery filled with stolen treasure, murder, and secrets inside the Vatican.
Check out this week's top-selling titles on The New York Times fiction and non-fiction lists.
Singer-songwriter Billie Eilish is just beginning to know herself. With her latest album, "Hit Me Hard and Soft," and her current tour (her first without brother Finneas and her parents), the 23-year-old music superstar is discovering parts of herself she didn't know were there. She describes to correspondent Anthony Mason finding a new voice as a songwriter, and about stretching her singing after starting vocal lessons. (This story was originally broadcast Dec. 8, 2024.)
You may not know his name, but there's a good chance you've seen Richard Kind – acting on TV, in films, on Broadway, or as the announcer-sidekick of "Everybody's Live with John Mulaney" – and he's fine making everyone else look good.
In this web exclusive, actor Richard Kind – known for such shows as "Curb Your Enthusiasm" and "Only Murders in the Building" – talks with CBS News' Dr. Jon LaPook about his comfort level with fame. He also discusses being recruited as the announcer-sidekick for the Netflix talk show "Everybody's Live with John Mulaney"; his experience with improv at The Second City; and playing an imaginary friend in the animated feature "Inside Out."
Elmo's X account posted antisemitic and racist posts after it was hacked on Sunday, a spokesperson for the makers of "Sesame Street" said in a statement.
It was almost one year ago that a 20-year-old man attempted to assassinate President Trump at a campaign rally in Butler, Pennsylvania. Nicole Sganga went inside the Secret Service's training facility in Maryland to see the changes the agency is making to ensure such an incident never happens again.
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.
People are turning to AI dating assistants for help in crafting wittier, more conversational messages to attract romantic partners on apps.
Elon Musk said his AI chatbot Grok is coming to Tesla vehicles by next week, just days after the bot unleashed an antisemitic rant on his social media platform X. The announcement also came after Musk unveiled the latest iteration of the chatbot called Grok 4. Bloomberg News technology editor Sarah Frier joins CBS News to discuss.
Barbara Rae-Venter never anticipated that her genealogy hobby would lead to the capture of one of California's most notorious criminals, the Golden State Killer. Her pioneering use of genetic genealogy has since helped solve numerous cold cases.
Teenage scientist Heman Bekele's ultimate goal is to cure melanoma. After winning 3M's Young Scientist Challenge by inventing soap that can cure skin cancer, he caught the attention of Dr. Jay William Fox, associate director at the University of Virginia's cancer center.
Cabells Publishing, a scholarly analytics company, has flagged more than 19,000 journals as potentially predatory. CBS News medical contributor Dr. Celine Gounder explains how to know if you're getting accurate information.
Researchers were able to date the fossil of the flying reptile, a close cousin of dinosaurs, back to more than 209 million years ago.
Scientists at Oregon State University are working to change people's minds about sharks--and are learning more about the health of the ocean in the process.
Jose Morales, 48, was convicted by a jury of murder and evidence tampering in Christine Holloway's killing. Their baby daughter, Vanessa, disappeared at the time and remains missing.
In exchange for David Slater's guilty plea in conspiring to transmit classified information about Russia's war with Ukraine on a foreign online dating platform, two other counts were dropped.
Constance Marten, 38, and Mark Gordon, 51, were arrested after a seven-week police hunt in 2023 during which they spent time living in a tent.
Jos Leijdekkers is on Europol's most-wanted list, with the European police body offering over $225,000 for information leading to his arrest.
Two women were killed and two people were injured in a church shooting in Lexington, Kentucky, after the suspect initially shot a state trooper, police said. CBS News correspondent Nicole Valdes has the latest.
Astronauts from India, Poland, Hungary and the U.S. are returning from the International Space Station following the historic Axiom Mission 4 trip. CBS News' consultant Bill Harwood joins with more details.
A 54-pound meteorite from Mars is expected to fetch up to $4 million when it goes up for auction later this month at Sotheby's.
The Cat's Paw Nebula is about 4,000 light-years from Earth, near the constellation Scorpius.
A new observatory in Chile has produced a stunningly detailed image of a nebula resembling cotton candy, using the largest telescope in the world.
Running a week late because of weather, it was clear sailing Sunday for Blue Origin's 13th passenger flight.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Bizarre clues and evidence in the investigation into the Colorado mother's disappearance include a spy pen, plastic needle cap, and a chipmunk alibi.
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
President Trump is ramping up pressure on members of his own party to claw back roughly $9.4 billion in approved spending. That includes funding for public broadcasting and foreign aid. CBS News congressional correspondent Nikole Killion has more.
President Trump announced Monday the U.S. would manufacture and sell weapons to NATO for distribution in Ukraine. CBS News' Nancy Cordes and Charlie D'Agata have more.
The Department of Justice has laid off several employees who were involved in investigations into President Trump. CBS News justice correspondent Scott MacFarlane has more.
A bipartisan bill that would hit Russia with additional sanctions is seeing renewed focus in the halls of Congress as President Trump airs his frustrations with Russian President Vladimir Putin. CBS News congressional correspondent Caitlin Huey-Burns has more.
MLB Network analyst and 2013 World Series champion Ryan Demster joins CBS News to discuss this year's Midseason Classic and the upcoming second half of the 2025 Major League Baseball season.