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A recent brouhaha over the fact that many 2010 Target retirement funds hold junk bonds is misguided. If you're retiring in 2010 you should be thinking about the fact your 401(k) or IRA needs to support you for a minimum of 25 years. Therefore, to say that junk is just too risky for a near-retiree misses the bigger risk: the need to keep earning inflation beating returns.
Eric Schurenberg shares three ways you can increase your retirement wealth with a simple phone call or click of the mouse.
Opponents of financial regulatory reform warn that it will stifle financial innovation. Yet I can think of only eight innovations that have actually done consumers any good.
The New York Times 2009 Year in Ideas includes the Myth of the Deficient Older Employee. Great news for the post-50s crowd? Not exactly. The busted myth is merely that older workers don't suck as much as some might think. And there's still the thorny problem that older workers tend to cost more.
Another strike against the 401(k): The auto enrollment feature that was supposed to be nothing but good news-getting more Americans to save for retirement-could instead encourage less retirement savings.
As the manic-depressive decade of the 2000s came to a close, stocks staged a spectacular, global bust and powerful rebound. Housing also did the bust thing; we may be waiting a long time for the powerful real estate rebound, however. So, where to invest in 2010? A mattress? Real estate? Apple? Many...
Your taxes will probably be going up soon, since Washington needs the cash. But there are quite a few things you can, and should, do in 2010 to keep the government's mitts off your money.
If human capital is indeed the ticket to a secure retirement, making sure you do everything possible to preserve your valuable commodity is vitally important. Continuing education? Well, of course. But when it comes to skills sharpening, keeping your brain's synapses firing at a high level is another smart step. And thanks to a burgeoning industry, you can make a game of it.
Bad news for public debtors could signal more trouble to come.
Get motivated to bump-up your savings, pay down some debt and balance your investments before the start of the new year.
In the first five minutes of Investing 101 you learn that past performance is no guarantee (or barometer) of future performance. Yet according to the latest PlanSponsor survey of 401(k) plans, your employer thinks past performance is more important in choosing target funds than how the funds allocate your money, or the fees that you are stuck paying.
The Obama Administration has set its sights on the fact that left on our own we are likely to screw up how we manage our retirement assets once we actually retire. The well-founded concern is that we will withdraw our money way too fast. The proposed solution is to add an annuity feature to 401(k) plans that would dole out our assets at a more sustainable pace. Basically, Washington now wants to make 401(k)s work a lot like the private pension plans it has ushered into near extinction.
Receiving a monthly check from the day you retire until the day you die sounds mighty appealing. But signing up for an immediate annuity also means locking up your money with an insurer for decades. How can you be certain the company will still be around? Here are seven of the highest-paying annuities from the safest insurers.
What's your most important retirement asset? Your 401(k)? Wrong: It's your earning power. Which means the decisions you make about career are the most decisive retirement moves you make.
For all the Congressional sturm und drang about what to do with the federal estate tax, the reality is that at a $3.5 million exclusion, less than one percent of Americans have anything to worry about. What gets less attention is that plenty of states charge a death tax that hits estates with $1 million or less, making them the worst place to die in terms of inheritance.
Vice President JD Vance told reporters that "we have not reached an agreement" following face-to-face talks with Iranian leaders and Pakistani negotiators.
Gas prices put pressure on pocketbooks — and President Trump's ratings — as Iran war continues.
It is a key moment for populist Prime Minister Viktor Orbán, who has traveled a long road from his early days as a liberal, anti-Soviet firebrand to a Russian-friendly nationalist admired today by the global far-right.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
Pope Leo XIV offered his strongest condemnation yet of the war in Iran on Saturday, appearing to take multiple veiled shots at President Trump.
A horde of 2028 Democratic presidential hopefuls attended Al Sharpton's National Action Network conference, nearly two years before the first primary votes will be cast.
The woman alleged the California gubernatorial candidate sexually assaulted her twice when she was too drunk to consent.
Russian President Vladimir Putin on Thursday declared a 32-hour ceasefire over the Orthodox Easter weekend.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
A growing number of young people see themselves as "forever renters" because they can't afford to buy a home, due to short supply, higher mortgage rates, and incomes that haven't kept up with rising home prices.
Kimberly Langwell, a mom in Beaumont, Texas, had dinner plans with her teenage daughter and boyfriend on July 9, 1999 – but she never came home from work. It would take more than 20 years before one man's long-kept secret would expose her killer.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
China's long-term investments in innovation are paying off in electric vehicles. Last year, the Chinese car company BYD overtook Tesla as the world's top seller of EVs, despite the U.S. market being virtually closed to them.
A growing number of young people see themselves as "forever renters" because they can't afford to buy a home, due to short supply, higher mortgage rates, and incomes that haven't kept up with rising home prices.
The Netherlands' decision now goes to the European Commission for full authorization.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
Gas prices put pressure on pocketbooks — and President Trump's ratings — as Iran war continues.
The U.S. Court of Appeals for the District of Columbia Circuit said it did not have enough information to decide how much of the project can be suspended without jeopardizing the safety of the president.
A horde of 2028 Democratic presidential hopefuls attended Al Sharpton's National Action Network conference, nearly two years before the first primary votes will be cast.
The latest polls indicate that Viktor Orbán, an international ally of President Trump, and his Fidedz party are trailing the rival Tisza party.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
Jack Alston was used to migraines, but after two concussions in middle school, he was stuck with a headache that wouldn't go away.
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
Gas prices put pressure on pocketbooks — and President Trump's ratings — as Iran war continues.
It is a key moment for populist Prime Minister Viktor Orbán, who has traveled a long road from his early days as a liberal, anti-Soviet firebrand to a Russian-friendly nationalist admired today by the global far-right.
Russian President Vladimir Putin on Thursday declared a 32-hour ceasefire over the Orthodox Easter weekend.
Pope Leo XIV offered his strongest condemnation yet of the war in Iran on Saturday, appearing to take multiple veiled shots at President Trump.
Founded in 1986, American Girl has created dolls, books and accessories that tell the stories of young girls in every American era. On the toy's 40th anniversary, correspondent Faith Salie explores how making history come alive is also creating timeless bonds between generations that celebrate girlhood.
The actress has played many roles in her career – and now, the Tony-winner and two-time Oscar-nominee has taken on another: launching her new line of products, called The Outset, designed for people with sensitive skin (like hers).
In this web exclusive, actress Scarlett Johansson talks about how dealing with her sensitive skin for years led to her founding a new line of skin care products, The Outset. She also discusses her life-changing roles, and the impact of artificial intelligence.
Actress Scarlett Johansson has played many roles in her career – and now, the Tony-winner and two-time Oscar-nominee has taken on another: launching her new line of products, called The Outset, designed for people with sensitive skin (like hers). She talks with correspondent Tracy Smith about her skin struggles, and how husband Colin Jost has been a "guinea pig" for her products.
Correspondent Lee Cowan reports on how the ups-and-downs of today's amusement park industry are being ridden via new technologies in roller coaster design, including a hybrid wooden-and-steel roller coaster, the New Texas Giant, and the soon-to-open Tormenta Rampaging Run, a "giga dive" coaster, at Six Flags Over Texas.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications of such facilities in their backyards, are fighting back. "Sunday Morning" national correspondent Robert Costa examines the drive to construct AI data centers, and the debate between opponents and AI advocates.
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.
When ads pop up on your phone for products after you've happened to mention them, is it an indication that advertisers are eavesdropping on you? David Pogue checks out why highly-targeted advertising sometimes gets weirdly specific.
When ads pop up on your phone for products after you've happened to mention them, is it an indication that advertisers are eavesdropping on you? Correspondent David Pogue checks out the facts about highly-targeted advertising, and why it sometimes gets weirdly specific.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Kimberly Langwell, a mom in Beaumont, Texas, had dinner plans with her teenage daughter and boyfriend on July 9, 1999 – but she never came home from work. It would take more than 20 years before one man's long-kept secret would expose her killer.
The drugs were seized at London Gateway, a deep-sea container port about 30 miles from London.
Lynette Hooker was reported missing in the Bahamas one week ago by her husband, Brian, who said she fell off their boat. Hooker was arrested on Thursday in connection to his wife's disappearance. "CBS Saturday Morning" speaks with people who knew the couple to learn more.
A 9-year-old boy was rescued this week after living locked in his father's utility van in eastern France since 2024, according to the local prosecutor.
The U.S. Department of Homeland Security has been drawn into the case of a woman who was killed in a hammer attack last week at a gas station in Fort Myers, Florida, after a Haitian immigrant was taken into custody on homicide charges in connection with the attack. Nicole Valdes has the latest.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
NASA's Artemis II astronauts returned to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
The development of the mission mascot and viral sensation Rise began over a year before Artemis II blasted off.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
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.
We leave you this Sunday morning seeing green – new oak leaves sprouting in the woodlands near Petaluma, California. Videographer: Lee McEachern.
In Florida, correspondent Martha Teichner goes searching for sand dollars – cousins of sea urchins and sea stars – with naturalist Kristen Williams (a.k.a. The Seashell Mermaid). She also goes to the California Academy of Sciences' Steinhart Aquarium in San Francisco to learn what makes these sea creatures so special.
Founded in 1986, American Girl has created dolls, books and accessories that tell the stories of young girls in every American era. On the toy's 40th anniversary, correspondent Faith Salie explores how making history come alive is also creating timeless bonds between generations that celebrate girlhood.
In this web exclusive, Sen. Dave McCormick (R-Pa.) talks with Robert Costa about how energy and the rise in artificial intelligence go hand-in-hand; America's rivalry with China over AI; and nuclear power.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications of such facilities in their backyards, are fighting back. "Sunday Morning" national correspondent Robert Costa examines the drive to construct AI data centers, and the debate between opponents and AI advocates.