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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.
The concept of "F.I.R.E." or financial independence and retiring early has gained heat in the financial industry. More people are carefully crafting their spending and savings so they can stop working sooner. Yahoo Finance reporter Jeanine Ahn joins CBSN to break down the basics.
When it comes to preparing for retirement, many Americans worry that while they are busy paying for everyday life, they are falling behind on saving for the future. Senior financial planner for Betterment, Nick Holeman, joins CBSN with some tips on what you can do to get back on track.
If you're like most Americans, you may be stressing about having enough money for retirement. There are many factors at play when trying to make our savings work. Economist Michael Szanto joins CBSN with tips on how to make your money last once you retire.
The locks on Heights Hospital were changed overnight. A notice from a lawyer cited more than $1 million in back rent.
Sharp employment cuts at the tax agency over the last decade have resulted in jammed phone lines and refund delays.
"We have a lot more work to do to get health care workers to take the vaccine," one expert said of worker resistance to shots.
But the giant video streaming service faces a growing challenge from relative upstart Disney Plus.
One shirt reads "Battle for Capitol Hill Veteran," while another makes false accusations against President-elect Joe Biden.
On the campaign trail, Mr. Biden promised to address the student loan crisis and supported cancelling $10,000 in debt per borrower.
Bed Bath & Beyond and Kohl's cite floundering sales of Mike Lindell's bedding brand in decision to discontinue product.
The $970 million grand prize would be Mega Millions' second-largest, only trailing a $1.54 billion bonanza in 2018.
Incoming Senate Finance Committee Chairman Ron Wyden said he hopes the full Senate can vote on Yellen's confirmation on Thursday.
Morgan Marsh McGlone, 8, of Wisconsin will deliver a virtual speech Wednesday night during President-elect Joe Biden's inauguration.
"We need as many of our recovered COVID-19 patients as possible to roll up their sleeves," American Red Cross warns.
President-Elect Joe Biden's proposed $1.9 trillion relief bill could face some hurdles, analysts say.
It's not the first time the fanbase has proven to be both generous and gracious.
As the U.S. death toll nears 400,000, many funeral homes are straining to keep up with demand for their services.
Mike Lindell says it would help him prove to the world his belief that the recent presidential election was rigged. He also says some major retailers are dropping his company's products.
New research expands on earlier lab tests, providing further evidence that the widely used vaccine should prove effective against an infectious new strain.
"The ball is in America's court," Iran's president insists, as Biden's pick for Secretary of State says Tehran will need to take1st step back to the nuclear deal.
The "cotton candy" planet is challenging everything astronomers thought about the formation of gas giants.
Secretary of State Mike Pompeo made the determination just 24 hours before President-elect Joe Biden takes office.
The 22 miners stuck 2,000 feet underground have been sent medicine and other basics, and now their requests are getting more specific as the rescue drags on.
On the campaign trail, Mr. Biden promised to address the student loan crisis and supported cancelling $10,000 in debt per borrower.
The White House has invited people to a sendoff celebration for President Trump's final flight on Air Force One.
Senate financial disclosure records reveal Burr and his wife made at least 30 stock sales from January 31 to February 13, 2020 ranging from $600,000 to $1.7 million.
A potential deal comes on the same day Loeffler is finishing out her term as senator.
Three people face conspiracy charges as prosecutors investigate evidence they planned to obstruct the Electoral College vote.
On the campaign trail, Mr. Biden promised to address the student loan crisis and supported cancelling $10,000 in debt per borrower.
Biden and Harris will take the oath of office and assume power at noon, in an inauguration ceremony unlike any in American history.
The White House has invited people to a sendoff celebration for President Trump's final flight on Air Force One.
Senate financial disclosure records reveal Burr and his wife made at least 30 stock sales from January 31 to February 13, 2020 ranging from $600,000 to $1.7 million.
Incoming Senate Finance Committee Chairman Ron Wyden said he hopes the full Senate can vote on Yellen's confirmation on Thursday.
A potential deal comes on the same day Loeffler is finishing out her term as senator.
But the giant video streaming service faces a growing challenge from relative upstart Disney Plus.
Sutton was a four-time All-Star and pitched for the Dodgers, Houston Astros, Milwaukee Brewers, Oakland Athletics, California Angels and the Dodgers again in 1988, his final season.
Morgan Marsh McGlone, 8, of Wisconsin will deliver a virtual speech Wednesday night during President-elect Joe Biden's inauguration.
"Feeling blessed and excited for the next chapter!" she wrote on Instagram.
Virgin Orbit asserts its method offers maximum flexibility since the launching Boeing 747s could take off from airports anywhere.
Republican Congresswoman from Georgia condemned big tech companies for "silencing" conservative views.
Social media – hailed as an organizing tool for pro-democracy rallies – has also become a forum for conspiracy theories, racism and disinformation. What are the implications of tech companies "de-platforming" users (even a president) for speech that enflames?
It was not immediately clear what went wrong or what will be needed to fix it.
Your smartwatch may know you have the coronavirus before you do, according to a growing body of research.
Health officials are trying to stay ahead of the virus by vaccinating as many people as possible — but it hasn't been easy.
The "cotton candy" planet is challenging everything astronomers thought about the formation of gas giants.
Engineers are debating whether to carry out another test firing before pressing ahead toward launch
Burial shafts containing dozens of coffins, games to keep the dead busy and a giant papyrus scroll bearing chapter of the Book of the Dead have all been unearthed at Saqqara.
In speeches, interviews, and in at least 49 published plans released during his presidential campaign, Biden talked about the actions he'd take in the earliest days of his administration.
New research expands on earlier lab tests, providing further evidence that the widely used vaccine should prove effective against an infectious new strain.
The study, which has not been peer-reviewed, found that more than a third of recent COVID-19 patients at Cedars-Sinai Medical Center in Los Angeles were infected with the new strain.
Health officials are trying to stay ahead of the virus by vaccinating as many people as possible — but it hasn't been easy.
The city's vaccination rate has outpaced the supply provided by the federal government.
The locks on Heights Hospital were changed overnight. A notice from a lawyer cited more than $1 million in back rent.
The locks on Heights Hospital were changed overnight. A notice from a lawyer cited more than $1 million in back rent.
Sharp employment cuts at the tax agency over the last decade have resulted in jammed phone lines and refund delays.
"We have a lot more work to do to get health care workers to take the vaccine," one expert said of worker resistance to shots.
But the giant video streaming service faces a growing challenge from relative upstart Disney Plus.
One shirt reads "Battle for Capitol Hill Veteran," while another makes false accusations against President-elect Joe Biden.
Three people face conspiracy charges as prosecutors investigate evidence they planned to obstruct the Electoral College vote.
The amended criminal complaint cites a video in which Williams allegedly instructs a man to put on gloves before he touched Pelosi's laptop.
Shkreli claimed that mental health issues have weakened his immune system and made him more susceptible to contracting the coronavirus.
A caller who identified themselves as the former partner of Riley Williams told authorities that she planned to give the device to a friend who would sell it to Russia's foreign intelligence service, a claim that authorities are investigating but have not yet confirmed.
"Insurrectionists planning attacks across the country this week and Florida is jailing scientists for the crimes of knowing and speaking," she tweeted.
The "cotton candy" planet is challenging everything astronomers thought about the formation of gas giants.
Engineers are debating whether to carry out another test firing before pressing ahead toward launch
Virgin Orbit asserts its method offers maximum flexibility since the launching Boeing 747s could take off from airports anywhere.
It was not immediately clear what went wrong or what will be needed to fix it.
Blue Origin says "we're getting very, very close" to launching passengers to space.
Thanks to the pandemic and worries over violence, the swearing-in of Joe Biden and Kamala Harris looks very different.
From the Marvel Cinematic Universe to the next "Fast and Furious" film, here's when to expect all the biggest flicks.
An inside look at the investigation into the murder of Jackie Vandagriff.
Have you heard of the Belgian Laekenois? The Cesky terrier? Sloughi? You have now.
How it started and how its going in America's highest office.
When a pandemic, a racial reckoning, and rampant misinformation converged, Americans were faced with an election unlike any other. This CBSN documentary follows voters around the country as they grapple with who they're voting for, how they're voting and the issues supercharging the stakes.
Tony Dokoupil visits America's birthplace to understand how current divisions compare to previous tensions in U.S. history.
This year's Inauguration Day parade will look much different than years past because of security and health concerns. The new president and vice president will take a much shorter walk to the White House, while most of this year's parade will play out virtually. Jericka Duncan reports.
Michigan Governor Gretchen Whitmer joins "CBS This Morning" to discuss Biden's presidential inauguration, her thoughts on the security situation and warnings across the country, and what to expect from the new administration.
What started out as a fringe conspiracy theory in 2017 has recently spread into the mainstream. Dozens of people linked to the baseless QAnon conspiracy theory ran for federal office in 2020, and two were elected to Congress. This CBSN Originals documentary explores how QAnon has taken root amid challenging times and a growing distrust in American institutions, and what it means for the future of the country.