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Nearly two -thirds of wealthy Americans agree with President Obama that they should be paying more income tax. But that at best will put a dent in the deficit; and when it comes to the bigger-ticket deficit reduction moves, Americans are still in deep denial about what needs to happen.
Don't be clueless about how much money you need to retire and how much you should be saving for retirement. Inform yourself by using an online retirement calculator. Here's what to look for when selecting a retirement calculator.
Everyone seems to think something terrible will happen if they give away more than $13,000. Fact is, almost no one ever pays a gift tax.
Knowing what mistakes not to make in a job hunt can be just as helpful as knowing the right moves. A recent study details the costly bad assumptions that are holding back unemployed older Baby Boomers. Their mistakes can serve as good template for what you'll want to guard against in the coming years.
The high cost of retiree medical insurance and the barriers to coverage due to pre-existing conditions have long been a significant obstacle for most Americans who want to retire before age 65, the eligibility age for Medicare. The health reform bill helps some people, but the high cost of retiree medical insurance will still be a challenge for many Americans.
For families that are maxing out on 401(k)s and IRAs each year, there's another great tax-advantaged way to save for retirement. Max out on an HSA and you will effectively boost your retirement savings 14%.
Focusing on how long you want to be retired -- rather than at what age you want to stop working -- can give you valuable insights that will help you make important decisions for the rest of your life, such as how long you want to work, the type of work you desire, and how much retirement savings you need.
While having a big house is nice, the cost of maintaining that house may severely crimp your standard of living in retirement.
Jill Schlesinger coaches a woman on a delicate subject: telling an adult child it's time to move out.
With much smaller generations following the largest demographic bulge in U.S. history, Thornton Parker argues that boomers will flood the market as they sell their stock holdings - depressing prices and possibly causing a market crash.
Millions of older Americans have anxieties about their financial security in their retirement years. Their legitimate concerns can prevent them from truly enjoying their retirement years. Put solid plans in place to address these concerns, however, and you'll feel a lot better about the future.
The vast majority of Americans have little confidence they understand the ins and outs of Asset Allocation. That's just further proof why target-date retirement funds are a vital and good addition to 401(k) plans. So can we stop all the target-fund bashing?
The Warren Buffett-Charlie Munger Q&A session at the Berkshire Hathaway annual meeting will no doubt generate plenty of interest this weekend. But for investing insights, taking a look at Buffett's personal portfolio can be even more illuminating. The Oracle's appetite for dividend-paying stocks in his personal portfolio generated more than $42 million in income last year. If you're starved for yield and cautious about bonds right about now, poring over Warren Buffett's personal portfolio of dividend stocks is worth a look.
I advocate that you consider a much more gradual transition than the traditional retirement, which is often very abrupt. Downshifting is about reducing your hours and restructuring your work, to do just the work that you like and you're good at. This allows existing retirement resources to grow until they're really needed at full retirement.
It's a good idea to file an extension if you need more time to do a thorough job preparing your tax return. If you don't file a tax return or at least an extension by April 15th, then you'll owe IRS penalties and interest.
Lindsey Vonn, who came out of retirement to compete in the 2026 Milano Cortina Winter Games, was airlifted off the mountain.
Savannah Guthrie released a new video on Saturday, saying her family is willing to pay for the safe return of their mother.
Democrat Chasity Verret Martinez defeated her Republican opponent in a district President Trump won by 13 points in 2024.
Here's how much Bad Bunny is expected to earn from his halftime performance at Super Bowl LX.
British Prime Minister Keir Starmer's chief of staff, Morgan McSweeney, said he took responsibility for advising Starmer to appoint Peter Mandelson.
Breezy Johnson took the lead early on after flying down the mountain in 1:36.10. It is her first-ever Olympic medal.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
Lindsey Vonn, who came out of retirement to compete in the 2026 Milano Cortina Winter Games, was airlifted off the mountain.
As the Seahawks prepare to face the Patriots in the 2026 Super Bowl, here's what to know about Seattle's past appearances, wins and losses.
The New England Patriots are back in the Super Bowl once again in 2026, hoping to add another ring to their list of wins. Here's a look back at their appearances, losses, how many they've won, and more.
Not sure where to watch the 2026 Super Bowl live? There are multiple ways to watch the game for free today. Here's how.
Here's how much Bad Bunny is expected to earn from his halftime performance at Super Bowl LX.
For over five centuries, Antwerp's diamond district has been the cornerstone of the global diamond trade. Now, that legacy is under strain.
Here's how much Bad Bunny is expected to earn from his halftime performance at Super Bowl LX.
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
The following is the transcript of the interview with Sen. Mark Warner, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on Feb. 8, 2026.
Democrat Chasity Verret Martinez defeated her Republican opponent in a district President Trump won by 13 points in 2024.
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
The following is the transcript of the interview with Sen. Mark Warner, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on Feb. 8, 2026.
British Prime Minister Keir Starmer's chief of staff, Morgan McSweeney, said he took responsibility for advising Starmer to appoint Peter Mandelson.
The Rafah border crossing between Gaza and Egypt reopened Sunday, allowing limited Palestinian travel after a two-day closure, according to Egyptian state media.
Breezy Johnson took the lead early on after flying down the mountain in 1:36.10. It is her first-ever Olympic medal.
Lindsey Vonn, who came out of retirement to compete in the 2026 Milano Cortina Winter Games, was airlifted off the mountain.
"Sunday Morning" remembers some notable people who left us this week, including singer LaMonte McLemore, a founding member of vocal group The 5th Dimension.
Don Henley acknowledges the Eagles are "kind of a staple" as they sell out shows at the Las Vegas Sphere and cement their status with the best-selling album of all time.
Singer-songwriter Don Henley reflects on the Eagles' decades-long career, the larger than life legacy of his late bandmate Glenn Frey, and the emotional moment he saw Frey's son Deacon perform in his father's place. He also emphasizes the importance of connecting with fans, saying "music is medicine. And people need some medicine right now."
Fifty years ago, the Eagles released their first "Greatest Hits" album, which became the best-selling of all time. The legendary rock band still performs to sold-out crowds today. Don Henley talks to Tracy Smith.
Faith Salie breaks down why HBO's "Heated Rivalry" is setting the internet on fire with its story of a secret romance between rival pro hockey players.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"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.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Savannah Guthrie and her siblings posted a third video on Saturday, pleading for their mother's return after she went missing last week. Jonathan Vigliotti reports.
Connor Hilton, 17, said that after taking Accutane, a prescribed acne medication, he began to have suicidal and homicidal thoughts – thoughts that, his defense argued, led him to shoot two friends in the head at his Friendswood, Texas, home. Prosecutors weren't convinced.
Authorities said Friday they were inspecting an apparent new message relating to the disappearance of "Today" host Savannah Guthrie's mom, Nancy, after the family reported her missing from her home on Sunday.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
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.
Legendary downhill skier Lindsey Vonn, who already had a torn ACL, crashed seconds into her race at the Milan Olympics on Sunday morning.
Sen. Mark Warner, the top Democrat on the Senate Intelligence Committee, told "Face the Nation with Margaret Brennan" that he does not believe that Director of National Intelligence Tulsi Gabbard is "competent for her position" amid her involvement in the Georgia election investigation and a highly classified whistleblower complaint.
As Washington turns its eyes toward the upcoming midterm elections and the Trump administration moderates its tone on deportations while ramping up efforts to undermine confidence in our election process, "Face the Nation with Margaret Brennan" speaks to Democratic Sen. Mark Warner of Virginia and Republican Rep. Tony Gonzales of Texas.
For all the romantics: This Sunday, we leave you in Fort Niobrara National Wildlife Refuge - just 5 miles east of Valentine, Nebraska. Videographer: Kevin Kjergaard
As Super Bowl fans touchdown in the Bay Area for Sunday's big game, they might spot a splash of color in the water. In the southern end of the San Francisco Bay, less than 2,500 yards away from the 50-yard line of Levi's Stadium in Santa Clara, California, lies a colorful mosaic of salt pools. Conor Knighton reports.