For those in their 40s, planning for retirement should include saving for the unexpected
If you're in your 40s, paying for a child's college should take a back seat to protecting your own savings, financial experts say.
401k
Planning to retire at 65? Most Americans have to stop working earlier.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
Saving for retirement a challenge for the "sandwich generation"
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
The "sandwich generation" and retirement
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents. Roughly 5 million U.S. households fall into this category, and as a result, the sandwich generation faces challenges saving for retirement. Jill Schlesinger explains.
IRS ruling on 401(k) company match
A new Internal Revenue Service ruling on 401(k) company matches could change the way employees apply the contributions made by their employers. CBS News senior business and technology correspondent Jo Ling Kent has more.
Changing jobs? Some 401(k) tips
When changing jobs, there are a couple of choices you can make with your 401(k) plan. CBS News business analyst Jill Schlesinger breaks down the options to consider.
Gen Xers are nearing retirement. About half say they need a miracle.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
Some 401(k) plans may cut you a monthly check
Some companies are offering fixed monthly checks from a portion of workers' 401(k) retirement plans, according to a new report by the Wall Street Journal. CBS News contributor Javier E. David breaks down the process gaining momentum.
Where $1M in retirement savings will last the longest around the U.S.
How far retirees are able to stretch their savings depends largely on where they choose to settle down, one analysis shows.
Early 401(k) withdrawals hit record high
A recent report by Vanguard reveals a record number of Americans took early withdrawals from their 401(k) retirement savings in 2022 and 2023, signaling a concerning trend.
What to know about taking out a 401(k) loan
The Vanguard Group said new data showed around 13% of its customers took out a loan on their 401(k) retirement funds in 2023. Elizabeth O'Brien, senior personal finance reporter at Barrons, joins CBS News to discuss the pros and cons of tapping into your 401(k).
U.S. approaches "Peak 65"
Many Americans are approaching retirement age in 2024, with more than 11,000 turning 65 years old every day. Elizabeth O'Brien, a personal finance senior reporter with Barron's, joins CBS News with advice for those considering retirement.
401(k) opportunities from market volatility
If you're looking to grow your 401(k) you may need to keep an eye on it more than usual this year as an unsettled market presents opportunities. Bourree Lam, an author of The Wall Street Journal book "The New Rules of Money," joined CBS News to talk about ways to increase your retirement fund.
U.S. gets a C+ in retirement, on par with Kazakhstan and Colombia
The nation's system of Social Security and private savings leaves Americans less secure in retirement than residents of many other nations, a new study finds.
IRS catch-up contribution mandate delayed
Last week, the IRS announced it is delaying until 2026 a mandate that says people 50 and older with high incomes are required to put "catch-up contributions" into Roth-style retirement accounts using post-tax dollars. Richard Rubin, a U.S. tax policy reporter for the Wall Street Journal, joined CBS News to discuss the delay in enforcement of the law, originally set to take effect next year.
Disparity in access to retirement plans
A new study by the Economic Innovation Group has found more than a quarter of Americans 59 and older don't have any retirement savings, and more than half of U.S. workers don't have access to employer-sponsored retirement funds. Benjamin Glasner, associate economist with the Economic Innovation Group, joined CBS News to discuss the study's conclusions.
Half of Americans lack a retirement plan. Here are the worst states.
States with many workers without retirement savings are likely to face a spike in senior poverty, researchers say.
Millions of older workers are nearing retirement with nothing saved
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
How much money do you need to retire? Americans have a magic number.
People say they need more money than ever to retire comfortably, but most employees are far from reaching their financial goal.
Millions to lose popular 401(k) tax break
The loss of a popular tax deduction next year could reshape how millions of Americans save for retirement. Currently, people ages 50 and older are allowed to place "catch-up contributions" totaling up to $30,000 in their 401(k) accounts. But beginning in 2024, these funds will be funneled only into "after-tax" Roth accounts for people who made more than $145,000 the previous year. For more on this, CBS News was joined by Pratik Patel, head of family wealth strategies for integrated wealth management provider BMO Family Office.
Millions of Gen-Xers have almost nothing saved for retirement
"The American Dream of retirement is going to be a nightmare for too many Gen-Xers," one expert said.
Half of U.S. moms have no retirement savings
A recent analysis showed that half of U.S. mothers have no retirement savings compared to 30% of fathers. Elaine Quijano and Meg Oliver are joined by CBS News MoneyWatch associate managing editor Aimee Picchi to break down the data.
Expert tips on preparing for next tax season
Tax season comes to a close Tuesday. Thomas Godwin, an assistant professor of accounting at Purdue University, joins Elaine Quijano and Michael George to look ahead to next year's tax season and offer advice on how Americans can begin planning for it.
Risks of early 401(k) withdrawals
Both 401(k) withdrawals and loans can have big impacts on retirement savings. Stefanie O’Connell Rodriguez, host of Real Simple’s "Money Confidential" podcast, explains the risk and differences.
Setting money aside for emergencies
CBS News' Errol Barnett and Elaine Quijano are joined by behavioral economist and founder of Pension Plus, Shlomo Bernartzi, to discuss strategies for putting money away for the future.
Missile crisis: The hard truths about America's military arsenal
In the early days of the war against Iran, the U.S. fired off thousands of long-range, precision-guided missiles. Now, with a depleted arsenal, the Pentagon seeks to replenish its stockpiles, an effort that will cost billions and take years.
Anthropic CEO Dario Amodei: "For too long the industry lied" about AI risks
The head of the artificial intelligence company calls the exponential rate of AI developments a "warning sign," with risks for humanity, and says, "We need to slow down." He talks with "Sunday Morning" about possible steps forward.
Investigation
Loopholes and shady practices taint U.S. surrogacy industry
Lured by promises of payment and a desire to help other families, surrogates discover they have few protections from practices that cast a "dark shadow" over the industry.
CBS News Battleground Tracker poll: Democrats hold edge in bid for House control
Price concerns boost Democrats, and MAGA Republicans are motivated. Both parties are seen negatively, according to CBS News' latest polling.
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Iranian vessel in Hormuz hit, while Houthis expand control of shipping lane
The Iran-backed Houthis expanded their control over the strategy Bab-el-Mandeb strait, as strikes continued in the Strait of Hormuz.
Celine Dion overcomes rare neurological disorder to perform first concert in 6 years
Celine Dion's return to the stage underscored a remarkable comeback after stiff-person syndrome, an incurable condition that causes stiffness and cramps, forced her to cancel shows and cast years of uncertainty over whether she would ever perform again.
Wisconsin Congressman suffers minor injury after lake emergency landing
The congressman thanked the pilot and first responders for coming to their aid, and expressed his gratitude at only having sustained minor injuries.
Trump says Ukraine needs to stop targeting Russian refineries
Civilians were killed and injured overnight into Sunday as both Russia and Ukraine kept up large-scale drone strikes.
Former Army secretary praises Ukraine in 1st public appearance since resigning
During his 18 months as Army secretary, Dan Driscoll pushed the U.S. military to apply lessons from the war in Ukraine.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Investigation
Loopholes and shady practices taint U.S. surrogacy industry
Lured by promises of payment and a desire to help other families, surrogates discover they have few protections from practices that cast a "dark shadow" over the industry.
Anthropic CEO Dario Amodei: "For too long the industry lied" about AI risks
The head of the artificial intelligence company calls the exponential rate of AI developments a "warning sign," with risks for humanity, and says, "We need to slow down." He talks with "Sunday Morning" about possible steps forward.
2026 midterm election races to watch
CBS News has identified nine key Senate and 42 House races that will likely decide the majority — all of which can change during the midterm campaign.
Missile crisis: The hard truths about America's military arsenal
In the early days of the war against Iran, the U.S. fired off thousands of long-range, precision-guided missiles. Now, with a depleted arsenal, the Pentagon seeks to replenish its stockpiles, an effort that will cost billions and take years.
MoneyWatch
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Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
See how your income tax bracket could change for 2027
The adjustment could provide financial relief for taxpayers who find that more of their income is taxed at lower rates, a Bloomberg analysis suggests.
How lower-paid workers are getting their biggest pay raise in years
Some workers are seeing stronger wage growth by switching jobs, while others are "job-hugging" because of AI, research shows.
Fed rate hike likelihood jumps to nearly 90% after hotter CPI report
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
Record-setting cyclospora outbreak is over, U.S. health officials say
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Politics
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Trump says Ukraine needs to stop targeting Russian refineries
Civilians were killed and injured overnight into Sunday as both Russia and Ukraine kept up large-scale drone strikes.
Transcript: Michigan Senate candidate Abdul El-Sayed on "Face the Nation with Margaret Brennan," Sept. 13, 2026
The following is the transcript of the interview with Michigan Senate candidate Abdul El-Sayed, a Democrat, that aired on "Face the Nation with Margaret Brennan" on Sept. 13, 2026.
2026 midterm election races to watch
CBS News has identified nine key Senate and 42 House races that will likely decide the majority — all of which can change during the midterm campaign.
Deputies respond to trespasser at Malibu home of Kamala Harris
A trespasser was reported at former Vice President Kamala Harris' Malibu, California, home.
Former Army secretary praises Ukraine in 1st public appearance since resigning
During his 18 months as Army secretary, Dan Driscoll pushed the U.S. military to apply lessons from the war in Ukraine.
HealthWatch
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Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Record-setting cyclospora outbreak is over, U.S. health officials say
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Coroner releases details on 2 infant deaths in Pennsylvania measles outbreak
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
How donating blood could reveal clues about your own health
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
World
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Trump says Ukraine needs to stop targeting Russian refineries
Civilians were killed and injured overnight into Sunday as both Russia and Ukraine kept up large-scale drone strikes.
Investigation
Loopholes and shady practices taint U.S. surrogacy industry
Lured by promises of payment and a desire to help other families, surrogates discover they have few protections from practices that cast a "dark shadow" over the industry.
Transcript: Michigan Senate candidate Abdul El-Sayed on "Face the Nation with Margaret Brennan," Sept. 13, 2026
The following is the transcript of the interview with Michigan Senate candidate Abdul El-Sayed, a Democrat, that aired on "Face the Nation with Margaret Brennan" on Sept. 13, 2026.
Uncovering a Holocaust survival story
A school oral history project to interview World War II veterans uncovered little-known stories from the conflict, including the liberation by American troops of 2,500 Holocaust survivors from a so-called "death train" in April 1945.
Pope Leo commemorates 9/11 attacks, calls for renewed commitment to peace
The Chicago-born pope made his first public comments to commemorate 25 years since the attacks, speaking in English at the end of his traditional Sunday noon blessing.
Entertainment
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Diane von Furstenberg on life, love, and a wrap dress
One of the most important names in fashion for nearly 50 years, Diane von Furstenberg has long empowered women, with practical, feminine clothing, most famously embodied by her '70s wrap dress.
Extended interview: Diane von Furstenberg
In this web exclusive, fashion designer Diane von Furstenberg talks with correspondent Alina Cho about the origin and legacy of the wrap dress; aging; and the lessons she learned from her mother, a Holocaust survivor. She also discusses her annual DVF Awards (now in its 17th year), which celebrate women of accomplishment.
Diane von Furstenberg on life, love, and a wrap dress
Diane von Furstenberg has been one of the most important names in fashion for nearly 50 years, whose brand has long empowered women, with practical, feminine clothing (most famously embodied by her '70s wrap dress). In Venice, correspondent Alina Cho visits with von Furstenberg, who talks about her life's journey, which she calls a miracle thanks to a mother who survived the Holocaust.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including blues and R&B singer-songwriter Benny Latimore.
Almanac: September 13
"Sunday Morning" looks back at historical events on this date.
Technology
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Anthropic CEO Dario Amodei: "For too long the industry lied" about AI risks
The head of the artificial intelligence company calls the exponential rate of AI developments a "warning sign," with risks for humanity, and says, "We need to slow down." He talks with "Sunday Morning" about possible steps forward.
Extended Interview: Dario Amodei
In this web exclusive, Anthropic CEO Dario Amodei sits down with Jo Ling Kent to discuss the artificial intelligence community's responsibility as technology rapidly develops.
How AI powered robots are helping small farms
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.
Anthropic CEO: "The industry lied" about AI risks
Dario Amodei, head of the artificial intelligence company Anthropic, calls the exponential rate of AI developments a "warning sign," with risks for humanity, and says, "We need to slow down." He talks with correspondent Jo Ling Kent about possible steps forward.
Missile crisis: The hard truths about America's military arsenal
In the early days of the war against Iran, the U.S. fired off thousands of long-range, precision-guided missiles. Now, with a depleted arsenal, the Pentagon seeks to replenish its stockpiles, an effort that will cost billions and take years.
Science
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Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Crime
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Crime
Lindsay Clancy juror speaks out
Paula Devlin, a juror in the murder trial of Lindsay Clancy, sat down with Shanelle Kaul to share her experience with the high-profile case and tense deliberations that ultimately ended in a mistrial.
Man arrested in death of Tasia Fortune, woman found hanging from tree
Mississippi police have arrested a man in the death of Tasia Fortune, a Black woman found hanging from a tree last month.
State of al‑Qaeda 25 years after 9/11 attacks
25 years after 9/11, we rarely hear about the state of the organization responsible for the attacks. The Atlantic recently put out a piece on al-Qaeda that says in part, "analysts can't decide if the terrorist organization is all but defunct or more threatening than ever." The article's author, Graeme Wood, joins "The Takeout" to discuss.
New terror threats against U.S. post 9/11
The FBI is warning of potential attacks on 9/11 remembrance ceremonies as terrorist groups call for new strikes on U.S. soil. Anna Schecter has more.
Suspects in $6 million romance scam targeting women extradited to U.S.
The men, who were arrested in the South African city of Cape Town in 2021, are set to be handed over to officials from the FBI.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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Open: "Face the Nation," Sept. 13, 2026
This week on "Face the Nation with Margaret Brennan," with the midterm elections less than two months away, CBS News executive director of elections and surveys Anthony Salvanto returns with the Battleground Tracker. Plus, Michigan Senate candidate Abdul El-Sayed and Utah Gov. Spencer Cox join.
Nature: Monarch caterpillars in New York
We leave you this Sunday morning with hungry monarch caterpillars, munching away in New York's Hudson Valley. Videographer: Lorraine Mullins.
Good gourd! A visit to the pumpkin capital of the world
In Morton, Illinois, home to the annual Pumpkin Festival, and site of the Libby's factory responsible for 85 percent of the world's canned pumpkin, correspondent Nancy Giles gets a taste of the local produce and finds out why, in Morton, orange is always in season.
Testing the ethical boundaries of surrogacy
In the United States, commercial surrogacy — paying a woman to have fertilized eggs implanted in her uterus so she can carry a pregnancy to term — is widely assumed to be closely regulated. But a yearlong CBS News investigation found that few, if any, meaningful protections exist for surrogates. Correspondent Katrina Kaufman examines the extraordinary cases of surrogates who say they experienced troubling practices in the booming U.S. industry.
Extended interview: Diane von Furstenberg
In this web exclusive, fashion designer Diane von Furstenberg talks with correspondent Alina Cho about the origin and legacy of the wrap dress; aging; and the lessons she learned from her mother, a Holocaust survivor. She also discusses her annual DVF Awards (now in its 17th year), which celebrate women of accomplishment.