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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.
The fact that the vast majority of Americans didn't flee their 401(k)s during the bear market isn't cause for celebration. Doing nothing is not enough. If we don't all start saving more for retirement, we could all end up paying a price down the line.
"Annuity" is a dirty word in many circles, usually due to the high costs and mediocre performance of deferred annuities, or by complicated features that some insurance companies attach to immediate annuities. A simple, low-cost fixed immediate annuity is a different animal that doesn't deserve this reputation. I suggest that an immediate annuity deserves serious consideration for people who have significant retirement savings and are concerned about managing their longevity risk.
Millions of folks could find that they unexpectedly owe taxes for Tax Year 2009 as an unintended consequence of the new Making Work Pay Credit. Surprisingly the IRS may offer some of the better options for folks who need to pay their tax debts over time.
How to do the math to help you decide the right time to start your Social Security benefits, taking into account your life expectancy and Social Security's rules for increasing benefits if you delay the start date.
A new study of 401(k) returns among different age groups concludes that older Baby Boomers have had a pretty sweet ride. Cryin' rights go to younger boomers, who missed out on part of the great bull run that began in 1982 and now don't have oodles of time to make up for losses suffered in the two crashes since 2000. Gen X isn't much better off.
If you are one of the more than 15 million taxpayers who unexpectedly owe taxes for 2009, you'll be surprised to find out why. And if you can't pay your tax debt in full, read on for some payment options that may provide some relief.
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
After conflicting remarks from Iran and the U.S., the U.N. nuclear agency chief says Iranian sites will be inspected, but the timing is "not essential."
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
Mo Strategies, started by former Trump campaign and administration officials, recently expanded its practice into the lucrative world of pardon lobbying.
The searches stemmed from an ongoing probe into the conduct of former NYPD Chief of Department Jeffrey Maddrey, a source told CBS News.
DNA testing has identified a suspect in the 2005 murder of Daniel Zeisler in Las Vegas, according to a forensic lab.
New York City Mayor Zohran Mamdani endorsed three left-of-center candidates in the congressional Democratic primaries, and all three are set to win, CBS News projects.
The camp listed its debt as exceeding $10 million.
Gen. Chris Donahue had earned the ire of Defense Secretary Pete Hegseth, multiple sources told CBS News.
Bill Gates testified June 10 for nearly six hours before the House Oversight Committee, which is examining the government's handling of the Epstein case and those with ties to him.
Backed by Jeff Bezos, Slate's EV pickup sells for about half the cost of a typical new vehicle. But car experts say its unconventional design may be a hurdle.
Chemical maker Chemours allegedly discharged chemicals linked to cancer and other health conditions in three states.
DNA testing has identified a suspect in the 2005 murder of Daniel Zeisler in Las Vegas, according to a forensic lab.
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Backed by Jeff Bezos, Slate's EV pickup sells for about half the cost of a typical new vehicle. But car experts say its unconventional design may be a hurdle.
Chemical maker Chemours allegedly discharged chemicals linked to cancer and other health conditions in three states.
Get clear, actionable financial advice starting June 30 wherever you get your podcasts.
Chinese tech giant Alibaba has filed a federal lawsuit against the Defense Department for designating it a military-linked firm.
The legislation aims to increase housing supply and lower costs. It marks a rare bipartisan legislative accomplishment for lawmakers.
Bill Gates testified June 10 for nearly six hours before the House Oversight Committee, which is examining the government's handling of the Epstein case and those with ties to him.
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
President Trump's decision to abruptly cancel the signing of a landmark bipartisan housing bill marks the latest misalignment between him and GOP lawmakers.
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
Chinese tech giant Alibaba has filed a federal lawsuit against the Defense Department for designating it a military-linked firm.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
The boy was on a tour of the Bahamas' Exuma Cays with his family when the attack occurred, the Royal Bahamas Police Force said.
After conflicting remarks from Iran and the U.S., the U.N. nuclear agency chief says Iranian sites will be inspected, but the timing is "not essential."
A North Korean soldier has been taken into custody after crossing the Demilitarized Zone into South Korea in a suspected defection, the Yonhap news agency says.
Peru's right-wing presidential candidate Keiko Fujimori built what may be an unassailable lead as vote counting for the runoff election entered its final stages, official figures showed.
The Senate approved a House-passed resolution aimed at reining in President Trump on Iran, marking the first time such a measure has made it through both chambers.
Since Kidz Bop started, it has racked up 45 No. 1s on the Billboard kid albums chart. "CBS Mornings" goes behind the scenes as Kidz Bop celebrates 25 years and meets a Broadway performer who credits the company for his start in the industry.
Record label executive and starmaker Clive Davis died at 94 on Monday. His influence spans genres and decades. Music critic and Davis biographer Anthony DeCurtis reflects on the life and legacy of Clive Davis.
Jim Parsons speaks about starring in the musical "Titaníque," which is a comedic retelling of the story of the "Titanic," from the perspective and songs of Celine Dion. Parsons talks about why he wanted to portray's Rose's mother, the show's impact on the LGBTQ+ community and the cast.
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Mike Isaac, a tech reporter for The New York Times, joins CBS News 24/7 to discuss a story he helped break about Meta CEO Mark Zuckerberg directing the company to develop a prediction market app.
Investors are recoiling from tech stocks again over doubts that AI spending will pay off in the long run. Yahoo Finance's Brooke DiPalma explains the current state of the global stock market.
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.
Stocks slid around the world on Tuesday as investors pulled back from some of the biggest names in tech amid concerns about ongoing inflation and the possibility of future interest rate hikes. CBS News' Jo Ling Kent has more.
An international alliance warns that advanced artificial intelligence models are on the brink of being able to overwhelm cybersecurity systems for governments and businesses. Former CISA Director Chris Krebs joins with analysis.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Mo Strategies, a firm linked to President Trump, is lobbying for pardons, according to a CBS News investigation. CBS News' Gabe Kaminsky has more.
Frank Carone, the former chief of staff to former New York City Mayor Eric Adams, was arrested as part of a federal bribery probe, sources say. Meanwhile, the FBI and NYPD are investigating former NYPD officials for bribery. CBS News' Anna Shecter has more.
DNA testing has identified a suspect in the 2005 murder of Daniel Zeisler in Las Vegas, according to a forensic lab.
Despite repeated warnings, many drone operators are allegedly violating flight restrictions near World Cup sites, the TSA says. Meanwhile, more drones are being integrated into the U.S. national airspace and military operations. Drone expert Tombo Jones joins "CBS News 24/7 Mornings" to comment on drone technology.
The House Oversight Committee released transcripts of Bill Gates' testimony in the Jeffrey Epstein probe. CBS News' Aaron Navarro has more.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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.
Mo Strategies, a firm linked to President Trump, is lobbying for pardons, according to a CBS News investigation. CBS News' Gabe Kaminsky has more.
Frank Carone, the former chief of staff to former New York City Mayor Eric Adams, was arrested as part of a federal bribery probe, sources say. Meanwhile, the FBI and NYPD are investigating former NYPD officials for bribery. CBS News' Anna Shecter has more.
Mike Isaac, a tech reporter for The New York Times, joins CBS News 24/7 to discuss a story he helped break about Meta CEO Mark Zuckerberg directing the company to develop a prediction market app.
President Trump canceled the signing of the bipartisan housing bill, saying he won't sign it until the SAVE America Act passes. CBS News' Aaron Navarro has more.
Since Kidz Bop started, it has racked up 45 No. 1s on the Billboard kid albums chart. "CBS Mornings" goes behind the scenes as Kidz Bop celebrates 25 years and meets a Broadway performer who credits the company for his start in the industry.