Americans are living longer, but lack proper planning, study finds
The U.S. population of people over 65 is expected to surge by 40% over the next 25 years, but many aren't prepared for longevity, a new study says.
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The U.S. population of people over 65 is expected to surge by 40% over the next 25 years, but many aren't prepared for longevity, a new study says.
President Trump signed an executive order that he says will democratize alternative investments for workers saving for retirement.
Under a new executive order signed by President Trump, workers could add higher-risk assets like cryptocurrencies to their 401(k)s.
With the markets so volatile, many people across the country are concerned about what that means for their financial futures.
Stocks tumbled for the third straight day Monday as the market tries to gauge what a trade war would mean for the global economy.
After the stock market plunged Thursday and Friday following President Trump's newest announced tariffs, many Americans are seeing their retirement savings, particularly in 401(k) plans, take a hit.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
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.
Retirement planner Craig Kirsner recommends people contribute to their 401K plans.
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
People say they need more money than ever to retire comfortably, but most employees are far from reaching their financial goal.
"The American Dream of retirement is going to be a nightmare for too many Gen-Xers," one expert said.
The tax agency said it is also boosting the contribution threshold for IRAs due to inflation.
Markets staged a miraculous comeback Wednesday following stocks' worst-ever Christmas Eve. The Dow posted biggest daily point gain ever.
According to personal finance website GoBankingRates.com, 42 percent of Americans polled said they have less than $10,000 saved for their eventual retirement.
Retirement 911: Are You Prepared? It's Never Too Early To Start
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.
Legislators in the Florida House are set to pass a bill to end traditional guaranteed pensions for future state and county employees along with teachers.
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.
In our consumer-based economy, when shoppers feel like spending, business gets a boost.
Incoming House Speaker Will Weatherford said the current pension system is "old and archaic", and he wants to change it.
When CBS4 Anchor Eliott Rodriguez sat down with Newt Gingrich, he was ready to talk about a lot more than Cuba policy and immigration. The former House speaker also took on a traditional GOP issue: taxes.
As the economy continues to sputter, city and state governments are turning against their own workers to make up the financial shortfall. The latest cuts are targeting pension plans which have pushed some cities to the brink of financial ruin.
As pensions gradually become extinct, retirement planning has changed dramatically over the last few decades. Now, the 401K has reached a milestone.
We all have money fears, but research shows that women lag behind men when it comes to investing.
The $500 million project will add apartments, a sustainable timber office building, and new dining and entertainment spaces, aiming to transform Flagler Village into a creative hub.
Former NFL star Antonio Brown was released on $25,000 bail and ordered to wear a GPS monitor after pleading not guilty to attempted murder in Miami.
Former Dolphins quarterback Reid Sinnett has emerged as a Madrid football star as the city prepares for its first NFL regular-season game.
According to the Justice Department, these statements pertained to his prior membership with the Cuban Revolutionary Air and Air Defense Force from 1980 to 2009, while the Castro regime was still in power.
Jurors found Yosvanis Sierra Hernández guilty of using electronic threats and recruiting inmates in a scheme tied to the killing of fellow Cuban artist El Taiger.
The $500 million project will add apartments, a sustainable timber office building, and new dining and entertainment spaces, aiming to transform Flagler Village into a creative hub.
Former NFL star Antonio Brown was released on $25,000 bail and ordered to wear a GPS monitor after pleading not guilty to attempted murder in Miami.
Officer David Cajuso, 33, died after crashing his patrol motorcycle two weeks ago at I-75 and Gratigny Parkway near Hialeah Gardens.
Former Dolphins quarterback Reid Sinnett has emerged as a Madrid football star as the city prepares for its first NFL regular-season game.
According to the Justice Department, these statements pertained to his prior membership with the Cuban Revolutionary Air and Air Defense Force from 1980 to 2009, while the Castro regime was still in power.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
The three emails appear to be exchanges between convicted sex offender Jeffrey Epstein and Ghislaine Maxwell, as well as the author Michael Wolff and Epstein.
The House returns Wednesday for the first time since the start of the government shutdown, bringing an end to the chamber's longest absence in recent memory.
The only grandson of John F. Kennedy, Jack Schlossberg, is vying to become the latest Kennedy family scion to enter Congress.
A provision of shutdown deal authorizes senators to bring lawsuits if federal law enforcement seizes or subpoenas their data without notifying them, with potential damages of $500,000.
Use of force by federal agents has become a focus of legal disputes as the Trump administration contends the tactics are necessary. Our visual investigation breaks down some of the key moments.
Jim DeFede talks with Randi Weingarten about the warning bell she rings in her new book, "Why Fascists Fear Teachers."
Jim DeFede talks with Bryan Calvo, the newly elected mayor of Hialeah.
Jim DeFede interviews Orange County Mayor Jerry Demings, who just announced he's running for governor in 2026.
Jim DeFede sits down with Florida Chief Financial Officer Blaise Ingoglia for an in-depth interview about the state's review of spending across several counties.
Property taxes are sure to come up at the 2026 legislation session, which convenes in early January.
At least 11 people have contracted Salmonella linked to powder supplements sold at Sam's Club stores nationwide, health authorities said.
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
A recent report found high levels of lead in some protein powders and shakes, but demand among U.S. consumers has soared.
"They went in and fired entire programs, even statutorily mandated by law programs they cut entirely," she told CBS News. "So there is no staff to do this work anymore."
Resident Frances Martin was there Friday and five years ago when Gov. Ron DeSantis came to John Knox to unveil the 'new' COVID vaccine.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
Cleto Escobedo III, longtime bandleader of the "Jimmy Kimmel Live!" show, has died, Jimmy Kimmel announced Tuesday. He was 59.
Barstool Sports founder Dave Portnoy tells "CBS Sunday Morning" that aggressive conversations about him can quickly spiral online, prompting him to get 24/7 security.
Sally Kirkland was best known for sharing the screen with Paul Newman and Robert Redford in "The Sting" and her Oscar-nominated title role in the 1987 movie "Anna."
The 2025 Rock & Roll Hall of Fame class included Warren Zevon, Bad Company, Salt-N-Pepa, Outkast, Soundgarden, Cyndi Lauper and The White Stripes.
Kendrick Lamar, Lady Gaga and Bad Bunny are among the artists with the most Grammy nominations this year.