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.
If you already have a valid eyeglass prescription, save money by shopping for prescription sunglasses online.
Spoil yourself and your baby with a smooth ride stroller that collapses easily and stores baby's precious cargo.
Find out how to watch Dallas Stars vs. Colorado Avalanche Game 4 of the NHL Stanley Cup Playoffs tonight.
Find out how to watch the Hurricanes vs. Rangers NHL Stanley Cup Playoffs game tonight, even if you don't have cable.
We found big pre-Memorial Day discounts on best-selling Dewalt oscillating tools, saws, and drill bits on Amazon
We've curated this collection of the five best tablets priced at $300 or less.
Watch the OKC Thunder try to stop the Dallas Mavericks in Game 4 of the teams' NBA Playoffs series tonight.
Choose the best USB-C cable to juice up your new iPhone's or Android device's battery, no matter your budget.
Get a Hydro Flask water bottle as low as $17 at Amazon ahead of Memorial Day.
Park officials said Thomas Robison was believed to have attempted to travel down the river with his dog on a wooden raft.
The winner of Tuesday's Democratic primary will likely face off against former Gov. Larry Hogan in November.
On Monday, Michael Cohen testified that former President Donald Trump signed off on plans to reimburse him for a "hush money" payment to Stormy Daniels.
UnidosUS Action Fund will formally endorse the Biden-Harris ticket at an event in Phoenix, Arizona, as recent polling shows President Biden trailing in the battleground state.
The Biden administration is dramatically increasing tariffs on items including Chinese EVs to solar cells, batteries, steel and more.
The WNBA is poised to tip off its 28th season with the Las Vegas Aces seeking a three-peat, Caitlin Clark debuting and the league growing faster than ever.
The Biden administration is dramatically increasing tariffs on items including Chinese EVs to solar cells, batteries, steel and more.
A vote by the German automaker's Alabama workers to join the UAW would be a "milestone event," labor expert said.
Everything costs $10 at so-called bin stores — even pricey electronics like TV sets, video game consoles and laptops.
Keith Gill, the trader behind the GameStop meme stock frenzy of 2020, resurfaces roughly three years after hiatus with a post on X and YouTube.
The winner of Tuesday's Democratic primary will likely face off against former Gov. Larry Hogan in November.
On Monday, Michael Cohen testified that former President Donald Trump signed off on plans to reimburse him for a "hush money" payment to Stormy Daniels.
UnidosUS Action Fund will formally endorse the Biden-Harris ticket at an event in Phoenix, Arizona, as recent polling shows President Biden trailing in the battleground state.
The Biden administration is dramatically increasing tariffs on items including Chinese EVs to solar cells, batteries, steel and more.
On the stand, Michael Cohen told jurors about the decade he spent working for Trump as his self-described "fixer" and attorney.
Interest in raw milk is rising in the U.S., fueled by both "wellness" and conservative influencers on social media — even though it can make people very sick.
Johns Dental Laboratories stopped making the Anterior Growth Guidance Appliance last year after a KFF Health News-CBS News investigation into allegations of patient harm.
Eighty-four million Americans had a mental disorder in 2022, while 34 million people had a substance use disorder. About 11 million people dealt with both, but many did not receive professional treatment, partially because of a persistent stigma leading to silence and shame around mental health problems. Michelle Miller reports on how former congressman Patrick J. Kennedy and author Stephen Fried are hoping to make change with their new book.
A Bay Area-based study finds that 80% of Asian American women with lung cancer never smoked and researchers are trying to figure out why.
Some states are cracking down on claims by anti-abortion rights organizations that offer "abortion pill reversal" treatment.
Crews in Western Canada are currently facing 130 active wildfires, including 14 considered out of control. Here's why it's so bad.
Sherif Lawal was knocked down by a blow to the head in the fourth round of a scheduled six-round middleweight fight.
Israel's leader acknowledges that more than half of those killed in Gaza are likely civilians, as the U.N. shifts to a lower estimate of women and children victims.
A collection of silver and gold coins unearthed in Poland may have belonged to notorious fraudster Anthony Jaczewicz.
Israel's battle against Hamas has forced nearly 360,000 people to flee from a city they were told only months ago to seek refuge in.
The WNBA is poised to tip off its 28th season with the Las Vegas Aces seeking a three-peat, Caitlin Clark debuting and the league growing faster than ever.
In celebration of Asian American and Pacific Islander heritage month, Nancy Chen has the story of an inspiring maestro who's breaking barriers while hitting all the right notes.
In the 20 years after her elimination from "American Idol," Jennifer Hudson has gone on to EGOT winner and host of a successful talk show, which was renewed for a third season.
The Duke and Duchess of Sussex were warmly welcomed in Nigeria, where they wielded celebrity status even as former "working royals."
Writer, director, and actor John Krasinski declared his latest film, "IF," is his most personal project to date.
Researchers are investigating new ways to detect mental health problems through AI-powered apps by collecting data on people's behavior that could help determine shifts in mood in new ways. Dr. Nicholas Jacobson, an assistant professor in the departments of biomedical data science and psychiatry at Dartmouth, joined CBS News to discuss the possibilities.
Everywhere you look, products are getting too complicated, with more and more features aimed at attracting consumers. For designers, it's a constant and complex balance to get it just right.
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.
Everywhere you look, products are getting too complicated, with more and more features aimed at attracting consumers. But designing things to do more can often lead to frustrated and unhappy customers. For designers, it's a constant and complex balance to get it just right. Correspondent David Pogue looks at how complicated lives – full of endless features – may be getting easier to navigate thanks to technology.
Apple's "Crush!" advertisement for the new iPad Pro features a myriad of artistic tools getting smashed in a large hydraulic press.
In 2006, bees across the U.S. started dying rapidly. Now, the U.S. honey bee population is at an all-time high, according to the Census of Agriculture. Clay Bolt, manager of pollinator conservation for the World Wildlife Fund U.S., joins CBS News to explain what happened.
Wildfires are forcing thousands from their homes in Canada after burning more than 13,000 acres so far. Terry Cavaliere, emergency operations director for the Fort Nelson First Nation, joins CBS News with the latest.
Parts of the country saw the aurora borealis on Friday night, and the dazzling show was expected to continue on Saturday night, according to experts.
Geomagnetic storms can affect infrastructure, but may also bring an expanded viewing of the aurora borealis.
Americans were being treated to a show of the northern lights this weekend from a powerful geomagnetic storm heading toward Earth.
Of the 66 officers placed on leave, 39 were for general misconduct, including suspected use of excessive force, child endangerment or abuse, possession of contraband and negligent supervision.
A 16-year-old boy carrying a gun opened the back door of a packed church, but was immediately confronted by and escorted away by parishioners.
A quick-thinking church congregation worked together to prevent a mass shooting in Louisiana over the weekend. The church was packed with dozens of kids about to take part in a sacred rite of passage. Omar Villafranca reports.
Residents in New York City are on edge following a string of unprovoked attacks, including two high-profile incidents in the last week. A tourist in Times Square was stabbed over Mother's Day weekend while an award-winning actor was punched in the face by a stranger just days earlier. Nikki Battiste reports on what the NYPD is doing to keep the Big Apple safe.
All three victims were tortured and killed before their bodies were put into a 2010 Dodge Charger, authorities said.
The forecasted conditions come after a weekend of jaw-dropping northern lights seen as far south as Florida and as "magnetically complex" sunspots bigger than Earth continue to emit solar flares.
Geomagnetic storms can affect infrastructure, but may also bring an expanded viewing of the aurora borealis.
Americans were being treated to a show of the northern lights this weekend from a powerful geomagnetic storm heading toward Earth.
The sunspot responsible for the odd series of strong solar flares is so big you can see it with your own eyes from Earth.
In the image, "a ghostly hand appears to be emerging from the interstellar medium and reaching out into the cosmos," the NOIRLab said.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
American students are starting to recover from pandemic learning losses, according to a Harvard University study. But test scores still lag behind 2019 levels, and schools will soon run out of federal pandemic-era funding. CBS News reporter Taurean Small examines how different states are addressing challenges in the classroom and on the balance books.
In 2006, bees across the U.S. started dying rapidly. Now, the U.S. honey bee population is at an all-time high, according to the Census of Agriculture. Clay Bolt, manager of pollinator conservation for the World Wildlife Fund U.S., joins CBS News to explain what happened.
As bird flu spreads among cows in the U.S., the CDC plans to publicly post data on a specific influenza virus found in wastewater. Dr. Celine Gounder, CBS News medical contributor and editor-at-large for public health at KFF, joins to break down the latest developments in tracking the virus.
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sudden surge.
Gold bars, foreign entities and a new Mercedes-Benz are just some elements in the federal corruption trial of New Jersey Democratic Sen. Bob Menendez, which saw the start of jury selection on Monday. CBS News congressional correspondent Scott MacFarlane explains.