Planning to retire at 65? Most Americans have to stop working earlier.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
Watch CBS News
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.
For more and more workers, 401K plan savings are what they will have to rely on for their retirement. But according to a new survey, an alarming number of baby boomers have not faced up to that reality.
The shooting happened just after 3 p.m. near 3100 Davie Blvd., Fort Lauderdale Police told CBS News Miami.
Police said a 31-year-old from Fort Lauderdale died from his injuries.
Miami Police detectives are investigating the circumstances surrounding the death.
Rookie Kel'el Ware scored 25 points to match his season high, Duncan Robinson added 21 on 5-of-7 3-shooting and the Miami Heat beat the San Antonio Spurs 128-107 on Sunday.
President-elect Donald Trump will be sworn in on Monday as his inauguration ceremony is set to take rare form inside the U.S. Capitol.
The shooting happened just after 3 p.m. near 3100 Davie Blvd., Fort Lauderdale Police told CBS News Miami.
Police said a 31-year-old from Fort Lauderdale died from his injuries.
Miami Police detectives are investigating the circumstances surrounding the death.
Rookie Kel'el Ware scored 25 points to match his season high, Duncan Robinson added 21 on 5-of-7 3-shooting and the Miami Heat beat the San Antonio Spurs 128-107 on Sunday.
President-elect Donald Trump will be sworn in on Monday as his inauguration ceremony is set to take rare form inside the U.S. Capitol.
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.
President-elect Donald Trump will be sworn in on Monday as his inauguration ceremony is set to take rare form inside the U.S. Capitol.
President Biden marked the long-awaited ceasefire and hostage deal between Israel and Hamas in remarks Sunday as the deal officially took effect, celebrating that it had "finally come to fruition."
After Donald Trump sought to overturn his 2020 election loss, and a mob of his supporters attacked the Capitol on January 6, 2021, many believed his political days were over. But now he's back. What can we expect from the second Trump administration?
President Biden's approval declined after the U.S. withdrawal from Afghanistan and fell even further amid the nation's inflation woes.
These are the people expected to speak at President-elect Donald Trump's inauguration on Monday.
Jim DeFede talks to Cassel, who breaks her silence about switching her political party affiliation from Democrat to Republican.
State Senator Joe Gruters joins Jim DeFede from D.C., where he will attend President-elect Trump's inauguration.
CBS News Miami's Jim DeFede talks to Tarrio's attorney Nayib Hassan about why he thinks Tarrio deserves one.
State Rep. Hillary Cassel is the second former Democratic lawmaker in Florida to join the Republican Party.
Lauren Pastrana, in for Jim DeFede, gives a brief roundup of new Florida laws and how they may affect you.
A federal court had ordered the Biden administration to take action over fluoride's potential health risks at higher levels.
The hugely popular medications Ozempic and Wegovy, used for diabetes and weight loss, will be included in the next round of talks to negotiate lower Medicare drug prices.
Food manufacturers will have until 2027 to stop using the dye. Drugmakers have until 2028.
There have been 8 reports of made-in-China alarms sold by HSN nationwide and online not sounding in response to smoke.
Formulas marketed for toddlers are a burgeoning business, but pediatricians have long recommended against their use.
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.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
The American Automobile Association said this is a dangerous time of year for young drivers.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
There are two sales tax holidays for hurricane supplies
President-elect Donald Trump will have one of the biggest names in country music performing at his swearing-in ceremony.
Experts say no other app offers the same financial opportunities as TikTok, while creators fear loss of income if it disappears.
David Lynch has died at the age of 78, his family announced.
A second stream on Tubi will feature the "Tubi Red Carpet" hosted by Olivia Culpo from the Superdome in New Orleans.
Bob Uecker was the voice of his hometown Milwaukee Brewers who after a short playing career earned the moniker "Mr. Baseball" and honors from the Hall of Fame.