How Much Retirement Income Do You Need? Another Take
Be happy. How much money does that take? Answering this question can help you decide the amount of retirement savings you need.
Retirement
Allowance for Kids: How You Pay Can Teach Important Lessons
Paying a set amount every week sets the stage for real world money management habits. The child might more quickly learn that their spending has limits (this may sound familiar) and that budgeting is important because there is no more money until the next "pay day".
Children's allowance: What and when to pay
An allowance is one of the best ways to engage children in the process of making good spending and saving decisions
Boomers Find Something to Dread More than Death
What could be worse than dying? Living. A majority of Baby Boomers say they are more fearful of living so long that they run out of money in retirement, than they are fearful of death.
How to Trim Your Retirement Savings Needs by $250,000
Would you like to trim the amount of retirement savings that you need by over a quarter of a million dollars and have a more fulfilling life? If your answer is "you betcha," read here to find out.
Why Annuities Won't Fix The Retirement Problem
Annuity payments are modest, and won't help much if you haven't saved for retirement.
BP Oil Spill Damage Seeps into Retirement Plans
The financial fallout from the BP oil spill disaster just keeps on flowing, most recently hitting the retirement plans of BP employees and many British retirees. If you're not careful, your retirement plans could be undone by the same problems.
Living on Retirement Savings? How to Prevent Panicking in a Crash
Retirees who rely on their retirement savings for income are challenged when the market drops precipitously, as it has in the past few years. Many panicked and sold assets at a low, later regretting this decision when the market bounced back. But is it possible to set up your investments to prevent this unfortunate result? You bet.
In a Mean Market, One Investment to Love
A good asset is hard to find these days. The just concluded Morningstar Investment Conference found most of the big-name money managers in the rhetorical equivalent of a defensive crouch, transfixed by the $1.6 trillion deficit, the looming tsunami of Baby Boom entitlement spending, and the possible...
How to Make Lemonade from your 401k Plan's Lemons
Many firms are serving up lemons in their 401(k) plans, choosing the wrong default settings for employees or failing to add certain key features. Here's how to identify where the lemons are in your retirement plan and convert them to lemonade.
Spending Retirement Cash
How much of your savings should you withdraw each year in retirement? Which funds should you tap first? Vanguard's John Ameriks has some answers.
Unable to Work in Retirement? Here's What You Can Do Instead
If you don't have sufficient financial resources to retire, but also you can't work in your retirement years, either due to the inability to find work or for health reasons, what else can you do? Try the cheapskate solution.
How to Make Your Retirement Money Last
What's the most you can spend of your nest egg each year in retirement and not run out of money? The fast answer you'll get from any financial adviser is 4% of your funds on the day you retire, increased each year for inflation. The beauty of this 4% solution is its simplicity: Once you've decided...
Retirement Planning Risk: Playing It Too Safe
Three out of four Americans say they now favor safe and stable investments over anything risky. Seemingly safe investments actually pose a big retirement planning risk: Play it too safe today and your standard of living could be compromised decades from now.
Working Too Hard To Be Able to Retire? How to Get Your Life Back
Mix too much overtime with long commutes, the pressure of constant deadlines, office politics, and maddening work rules and bureaucracy, and you'll find all the reasons so many professionals, managers and office workers who have been working for decades fantasize about retirement. Unfortunately, most boomers don't have the financial resources to retire any time in the near future. So what can you do? Read here to find out.
Minneapolis police chief says "people have had enough" after fatal shooting
The police chief said federal immigration enforcement "tactics are very obviously not safe, and it is generating a lot of outrage and fear in the community."
Live
Judge grants temporary restraining order against DHS after Alex Pretti's killing
U.S. District Court Judge Eric Tostrud granted a temporary restraining order against the U.S. Department of Homeland Security Saturday, barring the department from altering or destroying evidence in the killing of Alex Pretti in south Minneapolis.
Videos, witness accounts of deadly shooting at odds with official statements
Bystander videos verified by CBS News show the scene from multiple angles before the fatal shooting of 37-year-old Alex Prett in Minneapolis.
Bondi seeks Minnesota voter rolls, welfare data to "help bring back law and order"
Attorney General Pam Bondi is pushing Minnesota Gov. Tim Walz to let the federal government access state voter rolls and welfare data, as tensions flare in Minneapolis after a man was shot and killed by immigration agents.
Latest forecast maps show fresh predictions for winter storm
As millions of Americans hunker down for the winter storm, 20 states and Washington, D.C., have declared states of emergency.
Power out for hundreds of thousands, roadways snarled with ice from storm
Power outages were reported across the South as a monster storm began wreaking havoc across much of the country.
Flight cancellations today top 10,000 — most in a single day since pandemic
Flight cancellations are continuing to mount as the U.S. is being hit with dangerous winter weather from a storm moving across the country.
Man killed by federal officer in Minnesota worked as ICU nurse, his parents say
The 37-year-old man killed by a federal officer in Minneapolis is identified by his family as Alex Jeffrey Pretti, an intensive care nurse who was "very upset with what was happening" in the ICE crackdown.
Senate Democrats will not provide votes to advance DHS funding bill, Schumer says
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
U.S.
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Sen. Angus King says he won't vote for package with ICE funding
Independent Sen. Angus King of Maine said Sunday that he won't vote for a package to fund the government if it includes funding for ICE, but he urged that "we don't have to have a shutdown."
Minneapolis police chief says "people have had enough" after fatal shooting
The police chief said federal immigration enforcement "tactics are very obviously not safe, and it is generating a lot of outrage and fear in the community."
Power out for hundreds of thousands, roadways snarled with ice from storm
Power outages were reported across the South as a monster storm began wreaking havoc across much of the country.
Flight cancellations today top 10,000, most in a single day since pandemic
Flight cancellations are continuing to mount as the U.S. is being hit with dangerous winter weather from a storm moving across the country.
Videos, witness accounts of deadly shooting at odds with official statements
Bystander videos verified by CBS News show the scene from multiple angles before the fatal shooting of 37-year-old Alex Prett in Minneapolis.
MoneyWatch
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Here's what it takes to achieve an 800 credit score
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
How to heat your home safely as fierce winter storm grips the U.S.
Federal safety regulators warn that home heating equipment can spark fires or emit carbon monoxide. Here's what to know.
What to know about EVs as the winter storm brings bone-chilling temps
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Tesla Cybertruck sales plunged 48% in in 2025
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Politics
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Sen. Angus King says he won't vote for package with ICE funding
Independent Sen. Angus King of Maine said Sunday that he won't vote for a package to fund the government if it includes funding for ICE, but he urged that "we don't have to have a shutdown."
Minneapolis police chief says "people have had enough" after fatal shooting
The police chief said federal immigration enforcement "tactics are very obviously not safe, and it is generating a lot of outrage and fear in the community."
Bondi seeks Minnesota voter rolls, welfare data to "help bring back law and order"
Attorney General Pam Bondi is pushing Minnesota Gov. Tim Walz to let the federal government access state voter rolls and welfare data, as tensions flare in Minneapolis after a man was shot and killed by immigration agents.
Transcript: Sen. Angus King on "Face the Nation with Margaret Brennan," Jan. 25, 2026
The following is the transcript of the interview with Sen. Angus King, a Maine independent, that aired on "Face the Nation with Margaret Brennan" on Jan. 25, 2026.
Transcript: Steve Scalise on "Face the Nation with Margaret Brennan," Jan. 25, 2026
The following is the transcript of the interview with House Majority Leader Steve Scalise, a Louisiana Republican, that aired on "Face the Nation with Margaret Brennan" on Jan. 25, 2026.
HealthWatch
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Heart failure threatened her pregnancy. A first-of-its-kind procedure saved it.
Cassandra King was thrilled to be pregnant after years of fertility struggles and multiple miscarriages. Then a sudden cardiac event threatened everything.
Loss of measles-free status would be "cost of doing business," new CDC deputy says
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
Measles cases surge in South Carolina as U.S. risks elimination status
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
World
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Transcript: Sen. Angus King on "Face the Nation with Margaret Brennan," Jan. 25, 2026
The following is the transcript of the interview with Sen. Angus King, a Maine independent, that aired on "Face the Nation with Margaret Brennan" on Jan. 25, 2026.
Transcript: Steve Scalise on "Face the Nation with Margaret Brennan," Jan. 25, 2026
The following is the transcript of the interview with House Majority Leader Steve Scalise, a Louisiana Republican, that aired on "Face the Nation with Margaret Brennan" on Jan. 25, 2026.
Transcript: Brian O'Hara on "Face the Nation with Margaret Brennan," Jan. 25, 2026
The following is the transcript of the interview with Minneapolis Police Chief Brian O'Hara that aired on "Face the Nation with Margaret Brennan" on Jan. 25, 2026.
Behind the scenes of Shen Yun
The Falun Gong dance troupe produces what it describes as a vision of "China before communism." The touring company says it's been targeted by Beijing. Now former performers are suing, alleging forced labor and untreated injuries, allegations Shen Yun disputes.
How Trump's designs on Greenland are testing the U.S.-Denmark alliance
President's Trump's designs on acquiring the world's largest island "one way or the other" have stirred feelings of betrayal among Danes and Greenlanders. Mo Rocca gives us a history lesson about an island that is 80 percent covered in ice.
Entertainment
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The adventures of Lauren Hutton, the original supermodel
As the face of Revlon, Lauren Hutton – called a "believable beauty" – became the highest-paid model in history, and still holds the record for most cover appearances on American Vogue. She talks about her adventurous life of no regrets.
The adventures of Lauren Hutton
She didn't set out to be a model, or an actress, and several agencies rejected the gap-toothed Lauren Hutton, before Eileen Ford gave her a shot. As the face of Revlon, Hutton became the highest-paid model in history, and still holds the record for most cover appearances on American Vogue. She talks with Anthony Mason about her adventurous life of no regrets – from living among the bushmen of the Kalahari, to a near-fatal motorcycle accident in 2000. Even of the low points she says, "I'd do it again in a second."
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including the iconic Italian fashion designer Valentino Garavani.
"Wonder and awe": The art of Ruth Asawa
In her choice of media, sculptor Ruth Asawa (1926-2013) employed a resourcefulness that stemmed from her early years on a farm – and in a WWII detention camp for Japanese Americans. She's now the subject of a retrospective at New York's Museum of Modern Art.
"Wonder and awe": The art of Ruth Asawa
Artist Ruth Asawa (1926-2013) made a name for herself as a sculptor in the San Francisco Bay Area, creating works using a wide range of media, employing a resourcefulness that stemmed from her early years on a farm in Southern California – and in a detention camp for Japanese Americans during World War II. She's now the subject of a retrospective on view at New York's Museum of Modern Art. Faith Salie reports.
Technology
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Microsoft says outage affecting several services has been resolved
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
How AI powered robots are helping small farms
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.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube looks to get rid of fake AI videos
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
Science
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Science
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
Crime
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Daughter defends loving dad now accused in her mom's cold case murder
For more than 30 years the murder of Debe Atrops in suburban Oregon remained unsolved. Then, an Oregon cold case team took a fresh look at the case and thought there was enough to prosecute Bob Atrops, Debe's estranged husband at the time. Their daughter thinks they have the wrong man.
Did a secret obsession lead a "genius" to murder a Yale grad student?
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
Official: Feds blocked shooting scene access
Drew Evans, the superintendent of the Minnesota Bureau of Criminal Prevention, spoke after federal agents killed a Minneapolis man on Saturday. Evans said federal investigators blocked his agency's access to the shooting scene.
Officials on 5-year-old boy detained by ICE
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.
Jury selection date set in Mangione trial
At a pretrial hearing on Friday, a judge set the date for jury selection in the case of Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was in the courtroom and has the details.
Space
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Space
More on Virgin Galactic all-female space crew
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Winter storm dumps snow and ice across U.S.
A massive winter storm blanketed a large portion of the U.S. with heavy snow and ice. CBS News Miami meteorologist Shane Hinton has the latest forecast, while CBS News' Nicole Valdes and Tom Hanson have more.
Face the Nation: Scalise, King, Hillman
Missed the second half of the show? House Majority Leader Steve Scalise, Sen. Angus King and Canadian Ambassador Kirsten Hillman join.
Scalise criticizes "failed local leadership" in MN
GOP House Majority Leader Steve Scalise said "we ... all feel sorry about what happened in Minneapolis" after Saturday's shooting by an immigration agent, but he pointed to "failed local leadership."
Full interview: Canadian Ambassador Hillman
Watch Margaret Brennan's full interview with Canadian Ambassador to the U.S. Kirsten Hillman, a portion of which aired on Jan. 25, 2026. Editor's note: This interview was recorded on Jan. 23, 2026.
Canadian amb.: U.S.-Canada deal "not doomed"
Kirsten Hillman, Canada's ambassador in D.C., told CBS News the U.S. and Canada are "not in the middle of a divorce, but we are in the middle of a change." She also said Canada is "deeply committed to Arctic defense."