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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...
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.
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.
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.
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...
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.
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.
The big investment bank is getting into the 401(k) business. But you may not want to give them your retirement savings. Eric Schurenberg explains.
Let's take a look at how different types of companies could be brought down by one bad day at the office.
The business of debt settlement is booming. Today there are over 2000 such firms up from only about a dozen a decade ago. But what debt settlement firms actually do is very different than the promise of debt freedom.
Paranoid fringe bloggers are afire with the notion that a Department of Labor initiative to add a guaranteed income option to 401(k)s is creeping socialism. But in fact, it could be a great idea.
Many people just don't get around to making smart, healthy choices. As a result, their retirement years most likely won't be as good as they would be if they could figure out how to choose with their rest-of-life in mind. So it's a good idea to pay attention to how you make decisions and stick to them.
The SEC issued a proposal that will require target date retirement funds to disclose more details about their asset mix in all marketing and ads. There's nothing wrong withe what's proposed, but it could have been a lot better.
Average just doesn't cut it when planning for retirement. Like the children of Lake Wobegon, assume you will turn out to be above average, at least in terms of how long you live. That's the surest way to make sure your retirement will indeed be comfortable and not packed with financial stress (for you, or your kids.)
The hottest retirement advice for Baby Boomers is Work Longer. It's the cure-all to whatever ails your retirement strategy. But is this popular retirement fix even practical? History suggests working longer is not exactly a slam dunk.
The new fund to provide payouts to those who say the legal system was "weaponized" against them raised immediate questions about its legality, implementation and enforcement.
Iran says it's considering the latest U.S. peace offer, as President Trump says he's willing to wait "a couple of days" for a response.
The additions come after the ouster of dozens of immigration judges across the country by the Trump administration over the past year.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
In his application letter, attorney Mike Howell proposed organizing a national gathering of "thousands of victims of weaponization," including those involved in the Capitol riot.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
An Air France flight from Paris to Detroit, Michigan, was forced to divert to Montreal, Canada, on Wednesday due to U.S. flight restrictions linked to the Ebola outbreak.
New fraud charges were unsealed Wednesday against a Minnesota daycare owner who federal prosecutors allege tried to flee the country just two days after shutting the center down.
A former federal prosecutor was charged this week with emailing herself a report on the Justice Department's investigation into President Trump that a judge had kept under lock and key, under the file name "Bundt_Cake_Recipe.pdf."
Lee Mendelson Film Productions alleges the U.S. Department of the Interior illegally used the jazzy tunes in social media posts and a video game.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
The new fund to provide payouts to those who say the legal system was "weaponized" against them raised immediate questions about its legality, implementation and enforcement.
Americans are expected to wager more than $3 billion amid the expansion of legalized sports betting in the U.S.
Retirees say inflation, health care costs and market volatility are threatening their financial security.
A record 274 climbers scaled the Nepal side of Mount Everest in a single day, officials said. They took advantage of clear weather.
Americans are expected to wager more than $3 billion amid the expansion of legalized sports betting in the U.S.
Retirees say inflation, health care costs and market volatility are threatening their financial security.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
The additions come after the ouster of dozens of immigration judges across the country by the Trump administration over the past year.
The new fund to provide payouts to those who say the legal system was "weaponized" against them raised immediate questions about its legality, implementation and enforcement.
The central committee of the Colorado Democratic Party on Wednesday voted 89.8% in favor of a measure to censure Gov. Jared Polis.
A Democratic House candidate in Texas is facing widespread condemnation and accusations of antisemitism from her own party.
The Department of Homeland Security is set to implement new entry restrictions beginning Thursday for foreign travelers coming to the U.S. from countries at the center of the latest Ebola outbreak.
Vanessa Trump announced on Instagram that she has been diagnosed with breast cancer and is working with her doctors on a treatment plan.
Noah Wyle, who stars in HBO's "The Pitt," joins "CBS Mornings" with Dr. Elisabeth Potter to discuss their push to improve mental health and quality of life for healthcare workers.
A CBS News medical correspondent and doctor says her "biggest concern for the World Cup is actually measles. It's not hantavirus, it is not Ebola."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
Finnish divers found the Italians in a corridor with a dead end inside the cave complex, Italy's la Repubblica daily reported.
Russia says "nuclear munitions" sent to Belarus for joint drills in the country that Moscow used as a launchpad for its 2022 invasion of Ukraine.
A record 274 climbers scaled the Nepal side of Mount Everest in a single day, officials said. They took advantage of clear weather.
Iran says it's considering the latest U.S. peace offer, as President Trump says he's willing to wait "a couple of days" for a response.
An Air France flight from Paris to Detroit was forced to divert to Montreal due to U.S. flight restrictions linked to the Ebola outbreak.
Lee Mendelson Film Productions alleges the U.S. Department of the Interior illegally used the jazzy tunes in social media posts and a video game.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
Comedian and media mogul Byron Allen brings "Comics Unleashed" to CBS's late night slot, replacing "The Late Show With Stephen Colbert."
Ahead of the premiere of "The Late Show" in August 1993, host David Letterman sat down with "CBS This Morning" to discuss his break from his previous late night show, what viewers could expect from his CBS debut and more.
Comedian and media mogul Byron Allen sits down with "CBS Mornings" to discuss his show "Comics Unleashed" and its transition into the CBS late night spot.
Cementing its status as the world's most valuable company, Nvidia reported record revenue in its latest earnings report. Britney Nguyen, Nvidia and chips reporter at MarketWatch, joins with analysis.
Artificial intelligence is prompting Google to change its iconic search bar for the first time in more than 25 years. Mashable tech editor Tim Werth joins CBS News to discuss.
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.
The Defense Department says it wants to be "AI-first," but some service members are concerned about how quickly the technology is developing. Chris Livesay reports.
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
New fraud charges were unsealed Wednesday against a Minnesota daycare owner who federal prosecutors allege tried to flee the country just two days after shutting the center down.
A social media influencer and her father are accused of plotting to kill her famous singer ex, amid a bitter years-long custody dispute, court documents show. Jonathan Vigliotti is following the case.
Acting Attorney General Todd Blanche announced murder and conspiracy charges Wednesday against former Cuban leader Raúl Castro and five others over the downing of two planes in 1996.
Larry Bushart, who spent 37 days in jail over his Facebook post about the assassination of conservative activist Charlie Kirk, will get $835,000 to settle a lawsuit against Tennessee officials. CBS News' Shanelle Kaul reports.
Court records reveal more details about the Mango founder's son, Jonathan Andic, who was arrested Tuesday in connection to his father's 2024 death. Leigh Kiniry reports.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Lawmakers are reacting to the "anti-weaponization fund" established by the Justice Department as part of a settlement with President Trump over an IRS probe. CBS News' Aaron Navarro reports.
An Air France flight bound for Detroit from Paris was diverted to Canada over Ebola virus concerns. Meanwhile, the U.S. has indicted former Cuban leader Raúl Castro. All that and all that matters in today's Eye Opener.
An Air France plane headed to Detroit, Michigan, was diverted to Canada over Ebola concerns after it was determined that a passenger was from the Democratic Republic of Congo, federal officials and the airline said. CBS News' Jarred Hill reports.
Cheyenne Hunt, the founder of Reckoning Action, an organization that confronts misogyny in America by pushing for legislative changes and supporting abuse survivors, speaks to CBS News' Nancy Cordes about her mission to combat gender bias.
ALL NEW: Scared of their own mother. Why the children of convicted killer Kouri Richins want her to stay behind bars. "48 Hours" correspondent Natalie Morales reports Saturday, May 23 at 10/9c* on CBS and streaming on Paramount+. [Airs following the WNBA on CBS)