Gen Xers Face Retirement Trouble
Baby Boomers get all the attention when it comes to the retirement-savings crunch, but Gen Xers are actually in worse shape. Fifty-six percent of Gen X households will lack the savings and assets to retire well.
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Baby Boomers get all the attention when it comes to the retirement-savings crunch, but Gen Xers are actually in worse shape. Fifty-six percent of Gen X households will lack the savings and assets to retire well.
How can I rebuild my 401(k)? As a matter of arithmetic, there are only three ways: work longer, save more, and get high returns. If you are within 10 years of retirement and had your 401(k) money in anything but the most conservative funds, you're almost certainly going to have to delay retir...
After playing around with some online longevity calculators, I face this conundrum: If I don't build up my retirement stash to support me until I'm 95, my next best option might be to take up recreational drugs and increase my alcohol intake.
If you're self-employed, here's how you can contributre almost $50,000 into your own 401(k) and get a tax deduction for your efforts.
High quality growth stocks are trading at unusually low prices compared to the rest of the stock market. Comparative values this low are so rare that GMO chief investment officer Jeremy Grantham calls them "a free lunch."
Even the best-laid plans can run into complications — thanks to luck, timing, or any of the other surprises that life delivers. MoneyWatch met with people from around the country and in all stages of their financial lives, learning their challenges and helping to develop real solutions. Here are their stories.
With their last child out of college, this was the year the Cadelinias were going to start putting serious money away for retirement. But the economic crisis whacked Sam's salary by 80 percent. Here's a savings and investment plan to get them back on track.
Entrepreneurs around the country were hit hard by the one-two punch of the economic and real estate crashes, but Sam Cadelinia really took on the chin. As the owner of a California real estate agency, he was in one of the worst industries in the hardest-hit regions. Here's how he can rebuild his small business.
Of course you want the best for your kids. But after spending lavishly on education and cars, and helping a son buy his first home, the Cadelinias found they were coming up short on retirement savings. Here's how to make the tough choices that will protect your future.
With a thriving small business, college bills all paid, and a handsome nest egg, Sam and Myrna Cadelinia thought they had it made. Then the financial crisis slammed the business, and the market crash melted their savings. Here's how they can rein in their spending and get their retirement savings back on track.
Yep, yet another reason to pile even more scorn on the the flawed 401(k): A just-released GAO study that takes a look at the 401(k) auto-enrollment trend presents an interesting motivation for why employers are warming up to auto-enrollment: "A representative of a large plan consulting firm noted...
If you get hit with a premium increase on your long-term care insurance policy, here's what you can do about it.
Raj Rajaratnam, the putative head of the alleged insider trading ring at the Galleon Fund, may not have a firm grip on his moral compass. But he clearly knows one thing about stock picking-namely, that the only way to win consistently is to have information the market doesn't. Rajaratnam's proble...
You're counting on your 401(k) to provide a cushy retirement. Or at least food, shelter, and a broadband connection. But many investors undermine their savings plans without even knowing it. We've compiled a list of the most common mistakes, and explained how to avoid them.
Take a long enough perspective, and it is no surprise that what some had been calling the GGBAT (the Greatest Global Boom of All Time) ended with the GGRSGD (the Greatest Global Recession Since the Great Depression). Both the boom and its panicky finale fit neatly into a long, human tradition of gre...
Following a call with several Middle Eastern leaders, President Trump said that a peace deal with Iran had been "largely negotiated."
A bystander was also wounded, but no Secret Service officers were injured, officials said. President Trump was in the White House at the time of the incident.
Southern California officials are desperately searching for a safe resolution to a leaking toxic chemical tank at an aerospace facility.
Kyle Busch, who won more races in NASCAR's top three series than anyone in history, died suddenly on Thursday.
The three workers, who died in March, were "among the first known victims of the outbreak," the Red Cross said.
A large ballistic missile attack pounded Kyiv, authorities said, wounding at least five people after Moscow threatened retaliation for strikes in Russian-occupied eastern Ukraine.
Iran had been scheduled to train in Tucson, Arizona, but it will now move its training base to Tijuana, Mexico, just south of San Diego.
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
At Kouri Richins' sentencing for the murder of Eric Richins, her husband and father of their three sons, she declared her innocence to the court and to her children. But for jurors on the case, the evidence told a different story.
Iran had been scheduled to train in Tucson, Arizona, but it will now move its training base to Tijuana, Mexico, just south of San Diego.
At Kouri Richins' sentencing for the murder of Eric Richins, her husband and father of their three sons, she declared her innocence to the court and to her children. But for jurors on the case, the evidence told a different story.
A bystander was also wounded, but no Secret Service officers were injured, officials said. President Trump was in the White House at the time of the incident.
Kyle Busch, who won more races in NASCAR's top three series than anyone in history, died suddenly on Thursday.
U.S. officials and negotiators were discussing a process to reopen the Strait of Hormuz, sources briefed on the conversations said.
Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.
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.
U.S. officials and negotiators were discussing a process to reopen the Strait of Hormuz, sources briefed on the conversations said.
The GOP senator said the meeting included "screaming," adding that "fiery does not begin to cut it."
At the same time, Tehran is reviewing the latest U.S. proposal for a possible agreement to end the nearly three-month war.
When CIA Director John Ratcliffe visited Havana last week to meet with senior Cuban officials, he brought along one of the covert operators involved in the mission to capture Nicolás Maduro, multiple people familiar with the matter said.
A federal district judge granted Kilmar Abrego Garcia's motion to dismiss two criminal charges on the grounds his prosecution was vindictive and selective.
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
Lucia Adarve had a long list of symptoms that no one could diagnose. Her mother Lisa was determined to find an answer.
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."
Iran had been scheduled to train in Tucson, Arizona, but it will now move its training base to Tijuana, Mexico, just south of San Diego.
A large ballistic missile attack pounded Kyiv, authorities said, wounding at least five people after Moscow threatened retaliation for strikes in Russian-occupied eastern Ukraine.
Protesters on Saturday streamed into central Belgrade, many carrying banners and wearing T-shirts inscribed with the "Students win" motto of the youth movement.
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
The remains of four Italian divers who died deep inside an underwater cave have been repatriated. One other set of remains was returned earlier this month.
Ryan Bingham's career spans decades and genres. He went from a 2009 awards season sweep with "The Weary Kind (Theme from Crazy Heart)" to starring as Walker in "Yellowstone." Bingham sat down with "CBS Saturday Morning" to reflect on his work and to discuss his latest project, "They Call Us The Lucky Ones," which he created in collaboration with The Texas Gentlemen.
Lamorne Morris sits down with "CBS Saturday Morning" to discuss his career as he steps into the Marvel universe with Nicholas Cage for "Spider-Noir."
Ryan Bingham is an Oscar, Grammy, Golden Globe and Critics' Choice award-winning singer-songwriter who also played Walker in "Yellowstone." For his first album in seven years, Bingham teamed up with The Texas Gentlemen to create "They Call Us The Lucky Ones." Here's Ryan Bingham and The Texas Gentlemen performing "Relevance."
Ryan Bingham is an Oscar, Grammy, Golden Globe and Critics' Choice award-winning singer-songwriter who also played Walker in "Yellowstone." For his first album in seven years, Bingham teamed up with The Texas Gentlemen to create "They Call Us The Lucky Ones." Here's Ryan Bingham and The Texas Gentlemen performing "Let the Big Dog Eat."
Ryan Bingham is an Oscar, Grammy, Golden Globe and Critics' Choice award-winning singer-songwriter who also played Walker in "Yellowstone." For his first album in seven years, Bingham teamed up with The Texas Gentlemen to create "They Call Us The Lucky Ones." Here's Ryan Bingham and The Texas Gentlemen performing "The Lucky Ones."
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 Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
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.
At Kouri Richins' sentencing for the murder of Eric Richins, her husband and father of their three sons, she declared her innocence to the court and to her children. But for jurors on the case, the evidence told a different story.
Several shots were heard from the White House property on Saturday. Aaron Navarro reports from the location after Secret Service told him to get down immediately.
A woman is accused of opening fire outside a courthouse in Raleigh, North Carolina, and shooting two lawyers, police said.
In Raleigh, North Carolina, a woman's civil case turned into a criminal one after police said she shot two lawyers outside a courthouse. Both were hospitalized. Skyler Henry reports.
Six years after his murder in Minneapolis, and despite passing the House twice, the George Floyd Justice in Policing Act remains stalled in the Senate. Some lawmakers are hoping to change that. Democratic Rep. Glenn Ivey of Maryland and Minnesota Attorney General Keith Ellison join to reflect on the state of police reform.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
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.
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.
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
President Trump announced that he is close to reaching an agreement with Iran to end the conflict and reopen the Strait of Hormuz, but Iran is dismissing his assertion. Imtiaz Tyab reports.
More than 50,000 people have been evacuated due to a failing industrial tank filled with an extremely hazardous chemical that is leaking from an aerospace facility in Southern California, and it could explode. The governor has declared a state of emergency. Lana Zak reports.
NASCAR star Kyle Busch's family on Saturday revealed his cause of death as "severe pneumonia that progressed into sepsis, resulting in rapid and overwhelming associated complications." Lindsey Reiser reports.
Several shots were heard from the White House property on Saturday. Aaron Navarro reports from the location after Secret Service told him to get down immediately.