Think Inflation Will Return? How to Protect Your Retirement
What should you do if you think that high inflation is in our future? Some answers may surprise you.
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What should you do if you think that high inflation is in our future? Some answers may surprise you.
If you're of the right age, short on cash, and sitting on hundreds of thousands of dollars in home equity, reverse mortgages can be a sweet deal. But these loans aren't sure things. Here's how to know if a reverse mortgage is right for you.
Everyone parks the money they must keep safe in a money market fund. But these days, that makes no sense: the funds aren't as safe as some investments that pay more.
Women are proving to be an especially eager audience for insurers selling immediate annuities these days. The good news: immediate annuities can be a smart way to generate steady retirement income. The bad news: Now is so not the right time to be buying. You want to wait for rates to rise. Immediate annuities are an easy sale for insurance agents these days, but that doesn't make today an ideal time to make
The average total cost of a severe heart attack -- including direct and indirect costs -- is about $1 million. The average cost of a less severe heart attack is about $760,000. Amortized over 20 years, that's $50,000 per year for a severe heart attack and $38,000 per year for a less severe heart attack.
You can make yourself crazy checking your portfolio daily, says Jill Schlesinger. Instead, check your 401(k) quarterly - but retool your asset allocation. Here's how.
Slow down if you're driving through a city or county that has a budget shortfall. Two studies put some hard data behind what you probably always thought was at play: Cops give out more tickets in cash-strapped areas. Especially to out-of-towners. Given the fiscal straits across the country, that's just another reason to slow down.
Is the economy getting better or not? If you look at the technical numbers (such as leading economic indicators), it is. If you look at what's driving those numbers, maybe not.
Travel insurance typically combines three forms of coverage. Is this insurance a good idea? Are you already covered by your existing insurance? Read on to get the answers.
Goldman Sachs doesn't sell stuff to ordinary folks. But its SEC troubles are a reminder of what you need to remember dealing with any financial salespeople.
If you rely only on conventional wisdom to decide how much income you need in retirement, the consequences can be unpleasant. If your goal is too low, you might run out of money before you die. If your goal is too high, you might postpone your retirement. Do the math to estimate how much money you need to meet your needs and be happy for your retirement years, and not rely on generalized goals that may not fit you best.
Online calculators can help you run the numbers to figure out how much you need to save for retirement. But take a close look at the assumptions they make (or leave out).
Baby Boomers are rightfully stressed out how to manage their nest eggs. Saving up for retirement was hard enough. But now there's the nightmare job of figuring out how much monthly income you can safely withdraw from 401(k)s and IRAs. Safe as in: Your money won't run out before you do.
Withdrawing or borrowing against your retirement account, whether an IRA or a 401(k), is usually a rotten idea. But if you must, here are your options.
People retiring before age 65 (the eligibility age for Medicare) may still face high costs for medical insurance, even after passage of health care reform. However, health care reform does provide some good news for early retirees who don't have affordable retiree medical insurance through their employer.
Tulsi Gabbard is resigning as the director of national intelligence after her husband was diagnosed with a rare form of bone cancer.
President Trump on Friday defended the Justice Department's $1.7 billion "anti-weaponization" fund and said he "gave up a lot of money" by allowing its creation.
Kyle Busch's cause of death has not been given, though his family said earlier the NASCAR icon had been hospitalized with a "severe illness."
The secretary of state tempered optimism for a deal to end the Iran war, calling Iran's bid to "create a tolling system" in the Strait of Hormuz "not acceptable."
A federal district judge granted Kilmar Abrego Garcia's motion to dismiss two criminal charges on the grounds his prosecution was vindictive and selective.
The Trump administration on Friday announced a sweeping policy designed to make it harder for immigrants already in the U.S. to get permanent residency.
The Pentagon on Friday released a new batch of 64 files related to UFOs, unveiling a second tranche of records under an executive order by President Trump.
"I feel it is important for me to remain in Washington, D.C., at the White House during this important period of time," President Trump said.
Pop star Britney Spears said she was "totally fine" to drive and had not had a drink for about six hours when she was pulled over by the California Highway Patrol.
Kyle Busch's cause of death has not been given, though his family said earlier the NASCAR icon had been hospitalized with a "severe illness."
A federal district judge granted Kilmar Abrego Garcia's motion to dismiss two criminal charges on the grounds his prosecution was vindictive and selective.
The Trump administration on Friday announced a sweeping policy designed to make it harder for immigrants already in the U.S. to get permanent residency.
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
"I feel it is important for me to remain in Washington, D.C., at the White House during this important period of time," President Trump said.
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
Kevin Warsh has vowed to preserve the Fed's independence over monetary policy, telling lawmakers he will never "predetermine" interest rates at the president's request.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
Shoppers continue to open their pocketbooks, boosting retailers like Walmart, even as inflation jumps to its highest level in three years.
A federal district judge granted Kilmar Abrego Garcia's motion to dismiss two criminal charges on the grounds his prosecution was vindictive and selective.
The Trump administration on Friday announced a sweeping policy designed to make it harder for immigrants already in the U.S. to get permanent residency.
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
"I feel it is important for me to remain in Washington, D.C., at the White House during this important period of time," President Trump said.
Tulsi Gabbard is resigning as the director of national intelligence after her husband was diagnosed with a rare form of bone cancer.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
A new weight-loss drug, so new it is not on the market yet, is showing promising results in trials, doing much more than what current medications can. Dr. Jon LaPook breaks it down.
The U.S. is stepping up efforts to prevent Ebola from entering the country through its airports, with one flight diverted to Canada on Wednesday evening. Ian Lee reports from Detroit.
Dr. Peter Stafford was working with the missionary group Serge in Congo when he was infected with Ebola.
Health and fitness influencers are pushing people to consume more fiber. Keri Glassman, Nutritious Life founder and CEO, joins with her take.
The satirical "Cockroach Janta Party" calls itself a "political front of the youth, by the youth, for the youth." India's government may be trying to squash it.
Trump says 5,000 U.S. troops will head for Poland, a week after the White House said a planned deployment of 4,000 was being nixed.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
At least five climbers have died during this Everest season. A U.S. and a Czech climber died on Mount Makalu earlier this month.
Police found the body of a man stuffed in a barrel following a shooting in a restaurant that led to the arrest of Belgrade's police chief, prosecutors said.
Major franchises are bringing new movies to a theater near you this summer. Fandango's Erik Davis joins with more.
A newly released video shows the California Highway Patrol's March 4, 2026, DUI arrest of pop star Britney Spears in Ventura County, California. Officers indicated they smelled alcohol on Spears and conducted a field sobriety test before she was placed in the back of a patrol car and taken to a hospital for a blood test to check for drugs. Spears voluntarily checked herself into rehab in April and pleaded guilty to reckless driving.
"Off Campus" star Ella Bright joins "CBS Mornings" to talk about the show's success, learning to sing and play the guitar for her role, and why her character's love story resonates with fans.
Pop star Britney Spears said she was "totally fine" to drive and had not had a drink for about six hours when she was pulled over by the California Highway Patrol.
Stephen Colbert signed off from "The Late Show" on Thursday night, ushering in a new era following its legendary 33-year run. Writer Mark Malkoff joins CBS News with more.
Amid concern about AI taking jobs, people see a range of motives by AI companies.
As thousands evacuate their homes in Southern California to flee the Sandy Fire, Ring doorbell and security cameras are helping residents and emergency crews stay informed and stay safe. Ring founder Jamie Siminoff joins CBS News to discuss the Fire Watch feature.
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.
A recent opinion piece in The New York Times spotlighted the impact of artificial intelligence on the 2026 graduating class at one of the world's most prestigious universities. The author, Stanford student Theo Baker, joins to discuss.
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
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 deadly attack at the Islamic Center of San Diego was streamed online, and at least three people watched as two teenagers attacked the facility filled with young students, CBS News' Anna Schecter reports.
A newly released video shows the California Highway Patrol's March 4, 2026, DUI arrest of pop star Britney Spears in Ventura County, California. Officers indicated they smelled alcohol on Spears and conducted a field sobriety test before she was placed in the back of a patrol car and taken to a hospital for a blood test to check for drugs. Spears voluntarily checked herself into rehab in April and pleaded guilty to reckless driving.
Pop star Britney Spears said she was "totally fine" to drive and had not had a drink for about six hours when she was pulled over by the California Highway Patrol.
Utah mom and author Kouri Richins was sentenced last week to life in prison without the possibility of parole for the 2022 murder of her husband. Richins has maintained her innocence. In a new episode of "48 Hours," two jurors discuss the key evidence that led them to convict Richins. Natalie Morales reports.
A Virginia judge dropped neglect charges against a school administrator after a teacher claimed she had been warned about a student before a shooting occurred. Shanelle Kaul reports.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
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.
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.
The deadly attack at the Islamic Center of San Diego was streamed online, and at least three people watched as two teenagers attacked the facility filled with young students, CBS News' Anna Schecter reports.
Kevin Warsh was sworn in as the new Federal Reserve chair on Friday, replacing Jerome Powell. During the ceremony, President Trump insisted Warsh will remain independent as he navigates inflation and other U.S. economic concerns. CBS News' Ed O'Keefe and Emily Pandise report.
Secretary of State Marco Rubio is commenting on talks with Iran aimed at reaching a peace deal. Dan Raviv, "The Mossad Files" host and journalist, joins CBS News with more.
Amos Yadlin, a former Israeli military intelligence chief, spoke to CBS News' Imtiaz Tyab about what he thinks will happen next in the Iran war as diplomatic efforts to reach a peace deal continue. This comes as President Trump stalls resuming strikes against Tehran at the behest of American allies in the Middle East.
Tulsi Gabbard, President Trump's director of national intelligence, has announced her resignation. CBS News' Weijia Jiang, Sam Vinograd and Nicole Sganga report.