Retirement Redefined
Whatever you call it, our retirement will be different from our parents' retirement. Better fasten your seat belts.
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Whatever you call it, our retirement will be different from our parents' retirement. Better fasten your seat belts.
If your child is considering borrowing money to go to college, here's a formula to help you determine what's reasonable.
Finally, a payoff for doing less work. A study of more than 400,000 401(k) participants concludes that individuals who rely on some form of professional asset allocation advice did better-to the tune of nearly two percentage points-than folks who make their own allocation decisions.
If you think of a Treasury bond as a personal loan from you to a Uncle Sam, you have to wonder who would buy one these days. Lots of risk, microscopic return.
Coming of age in the Great Recession could be a liability. But people in their 20s and 30s are actually better off than their elders, says Eric Schurenberg.
There's plenty of medical research that suggests that half to two-thirds of Americans' medical bills result from lifestyle decisions that people make every day regarding nutrition, exercise, stress management, smoking, alcohol abuse and so on. By making healthy decisions in these areas, we can dramatically reduce the odds of incurring some expensive medical conditions.
Banks share of the 401(k) rollover market has nearly doubled since 2007. If you're considering rolling over your money to a bank, be aware it is not as nearly safe, or smart as you may think.
"Invest amounts you can't afford to lose in bonds and cash, but invest in stocks only money you can afford to lose 50 percent or more of." This was one of the investing lessons taught to me by my grandfather, who was a stockbroker during the Great Depression. And the lesson still applies today.
Thirty years ago the 401(k) was heralded as a great extension of the American way: Workers would have the freedom to make their own investment choices-including the choice of whether to invest for their retirement in the first place. Freedom apparently has its limitations. A new survey reports that most Americans now want their plan to take over all the decision making.
With record amounts of money pouring into bond funds, how do you protect yourself from risky bond market behavior.
It can pay to make a few financial moves in the calendar year BEFORE the year you submit the FAFSA. Doing this takes planning and foresight so you'll need to think and plan ahead. Read on to see how making a few well-timed moves can help increase financial aid eligibility next year.
This blog offers 10 steps to generate an income that covers your living expenses, no matter how long you live and no matter what happens in the economy.
It looks likely that married couples with joint income above $250,000 and individuals with income above $200,000 will see their federal tax rates rise in 2011. That means, the standard practice of pushing more income in the next tax year-thereby delaying when tax is due-doesn't look too smart in 2010. The wealthy might want to pay more tax in 2010 if it means having to pay less in 2011 and beyond.
Old fashioned pension plans outperform 401(k) plans by an average of one percentage point a year. That adds up to a huge difference in the potential nest egg you'll have 20 or 30 years down the line. Since you can't go out and buy yourself a pension, your next best move is to understand what pension managers do better than you, and put that to work in your own 401(k)
The problem for most Americans is that the money and benefits just aren't there for the traditional retirement of "not working." This article shares some statistics on these challenges, and then suggests goals for older Americans that are more realistic than the traditional retirement.
Drone strikes hit gas vessels at an Egyptian port on the Mediterranean, as a poll shows little American support for the five-month war with Iran.
Republican Sen. John Cornyn has demanded formal modifications to an agreement the Justice Department made with President Trump to settle his lawsuit against the IRS.
Hours after Dr. Anthony Fauci invoked the Fifth Amendment in response to all questions during a Senate hearing, Republican Sen. Rand Paul of Kentucky told CBS News he believes Fauci could be prosecuted.
Russian attacks across Ukraine killed at least eight people and an apparent Russian missile crashed in Poland, officials said.
The Trump administration on Thursday reiterated its view that China's alleged efforts to collect millions of American voter registration files constituted election interference.
Top Senate Democrats sought answers about Trump IRS deal from mining company Kaz Resources, cryptocurrency companies World Liberty Financial and prediction markets Polymarket and Kalshi.
Dr. Deborah Birx offered "The Takeout" her takeaways on what the contentious Senate hearing with former colleague Dr. Anthony Fauci says about the nation's ability to move on from COVID.
The DOJ is seeking to deport an Afghan woman who prosecutors allege is an "alien terrorist," in the first-ever test case before a secretive court that has never convened since it was created three decades ago.
The Justice Department is proposing a new rule to empower federal immigration judges to hold attorneys, their clients and witnesses in contempt if they violate court orders.
A hiker climbing Montana's highest peak slipped and impaled himself on his trekking pole as he fell, then hiked six miles off the mountain along with two friends to get help, he says.
The Trump administration on Thursday reiterated its view that China's alleged efforts to collect millions of American voter registration files constituted election interference.
The DOJ is seeking to deport an Afghan woman who prosecutors allege is an "alien terrorist," in the first-ever test case before a secretive court that has never convened since it was created three decades ago.
The husband of a North Carolina woman who went missing last week while visiting the Caribbean island of Grenada said Wednesday he believes "there was no foul play" in her disappearance.
Prosecutors allege Lindsay Clancy made a "calculated decision" in killing her kids, while the defense says she was overmedicated and suffering from extreme postpartum psychosis.
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Schools in three states will be equipped with drones this coming academic year that aim to find and deter active shooters within seconds.
The Trump administration on Thursday reiterated its view that China's alleged efforts to collect millions of American voter registration files constituted election interference.
The DOJ is seeking to deport an Afghan woman who prosecutors allege is an "alien terrorist," in the first-ever test case before a secretive court that has never convened since it was created three decades ago.
Republican Sen. John Cornyn has demanded formal modifications to an agreement the Justice Department made with President Trump to settle his lawsuit against the IRS.
The acting director of the U.S. Centers for Disease Control and Prevention on Wednesday accused Dr. Anthony Fauci of an abuse of power during the COVID-19 pandemic.
Dr. Deborah Birx offered "The Takeout" her takeaways on what the contentious Senate hearing with former colleague Dr. Anthony Fauci says about the nation's ability to move on from COVID.
Rob Gutman speaks with Jay Bhattacharya, director of the National Institutes of Health and acting director of the CDC, about Dr. Anthony Fauci's actions during the pandemic, the possible origins of COVID-19, vaccines and more.
Dr. Jay Bhattacharya, the director of the National Institutes of Health and the acting director of the Centers for Disease Control and Prevention spoke with Matt Gutman about Dr. Anthony Fauci's hearing on Wednesday and other health issues that affect many Americans.
Dr. Anthony Fauci faced an angry Senate hearing on Wednesday, with Republicans confronting him over diary entries and his handling of the government's response to the COVID-19 pandemic. Nikole Killion has more.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
George and Amal Clooney are among thousands of residents in southwest France still displaced by a massive wildfire, but crews are gaining control.
Russian attacks across Ukraine killed at least eight people and an apparent Russian missile crashed in Poland, officials said.
The husband of a North Carolina woman who went missing last week while visiting the Caribbean island of Grenada said Wednesday he believes "there was no foul play" in her disappearance.
Fifteen elephants in southern Kenya are suspected to have been poisoned by cyanide-contaminated tomatoes, according to wildlife authorities.
A list of disciplinary cases opened by FIFA against Argentina also includes "discriminatory chants and gestures" by fans.
Zoe Saldaña tells "CBS Mornings" why this season of "Lioness" is demanding, how the series challenges the actors and what it's like working with Taylor Sheridan.
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
Legendary actor William Shatner and his daughter Melanie Shatner Gretsch are opening up about their battles with Stage 4 cancer nearly at the same time as each other. Both are now cancer-free and share how they helped each other through the challenging time.
OpenAI's president says it is working on wearable and hardware options for its AI chatbots like ChatGPT. CNET editor-at-large Scott Stein joins CBS News to discuss this and other technology headlines.
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
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.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Prosecutors allege Lindsay Clancy made a "calculated decision" in killing her kids, while the defense says she was overmedicated and suffering from extreme postpartum psychosis.
On the second day of the triple murder trial of a Massachusetts mom who killed her three children, the judge heard new testimony and evidence. Prosecutors asked her ex-husband to describe the moment he returned home on Jan. 24, 2023. Shanelle Kaul reports on the details.
Wednesday marked the second day of the high-profile trial against Lindsay Clancy. She's charged with three counts of first-degree murder and facing life in prison for the killings of her three children in 2023. CBS News correspondent Shanelle Kaul reports.
A man has been convicted of federal terrorism charges in the 2022 stabbing that severely injured author Salman Rushdie.
A 19-year-old Norwegian hitman was found guilty of an assassination plot after sending selfies with weapons to his girlfriend and friends.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Most Gen Z and millennials say the cost of raising a child feels financially out of reach and many don't believe they can start a family within the next five years. Jill offers a reality check: if you want kids, don't let fear stop you. Joined by special guest host Kayla Sabbagh of Greenspring Advisors, Jill and Mark explain why raising kids in this economy is more achievable than you think. Plus: 23-year-old Brianna, who still lives with her parents, calls in for guidance.
A little more than a month after a very successful World Cup, FIFA, the world governing body of soccer, is cooking up something new. It's given member organizations and clubs until Sept. 19 to sign off on a proposed plan to sell shares of its most prestigious tournaments, and it's causing some controversy. Margaret Fleming, who reports on the business of soccer for Front Office Sports, has more.
Dangerous flash floods hit the Northeast this week as heavy rains and thunderstorms inundated the area. Videos show the chaos and damage. Some footage has no sound.
From October 2020, Dr. Jon LaPook's interview with Dr. Anthony Fauci about the COVID-19 pandemic.
Maria Sherman, music reporter at the Associated Press, joins "The Daily Report" to break down what BTS' refusal to submit music for the 2027 Grammy Awards over a new category means as the band returns from an extended hiatus.