Two-thirds of boomers nearing 65 don't have enough saved for retirement
The U.S. is reaching "peak 65," marking the largest retirement wave in American history. But the financial outlook for many is grim.
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The U.S. is reaching "peak 65," marking the largest retirement wave in American history. But the financial outlook for many is grim.
BlackRock CEO Larry Fink said that longer life expectancies are "putting the U.S. retirement system under immense strain."
The Social Security Administration said it's overhauling how it recovers benefits from people after an outcry over its policies.
Social Security Commissioner Martin O'Malley said the agency must address the "mindless" way it recovers money wrongly sent to beneficiaries.
President Biden and former President Donald Trump are shifting focus to the general election after gaining enough delegates to clinch their parties' nominations. Biden campaign senior spokesperson Kevin Munoz and Trump campaign national press secretary Karoline Leavitt join "America Decides" to discuss what they believe will be key to their victory.
The Federal Trade Commission reveals that con artists swindled consumers out of $10 billion in 2023, with over $126 million lost to Social Security scams alone.
If you're one of the millions of Americans turning 65 this year, here's what should you know about retirement — whether you intend to continue working or not.
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.
CBS News interviewed economists and policy experts across the ideological spectrum to come up with questions voters should ask to evaluate presidential candidates. Jeff Stein, White House economics reporter for the Washington Post, joins to run through the list.
Some of the nation's 72 million Social Security recipients are getting a payment today — the second check this month.
Some big changes are in store for Social Security in 2024, including a top benefit approaching $5,000 a month, and higher taxes for some.
Each year, about a million people are told they owe the Social Security Administration money because the agency miscalculated their benefits and paid them too much.
The nation's 72 million Social Security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation.
A Boston University economist says that people often don't understand the complexity of the system and the pitfalls that await them.
First, John Eastman on the GA conspiracy case. Then, an investigation into what happens when Social Security mistakenly overpays. And, a look at Hurricane Maria’s impact on Monkey Island.
The Social Security Administration is trying to recoup billions in overpayments, telling retirees and disabled workers to pay up over miscalculated benefits.
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.
With Social Security's annual cost-of-living adjustment less than half of the 2023 boost, seniors are at risk of losing ground, experts say.
The Social Security Administration said its 2024 cost-of-living adjustment will be 3.2%, a much smaller bump than the 8.7% increase seniors and other beneficiaries received this year. Mark Miller, a contributor to The New York Times, joined CBS News to discuss the adjustment.
U.S. lawmakers reached a last-minute deal to avoid a government shutdown Saturday. If one had occurred, however, here's how that could have affected Social Security recipients.
According to a new survey from YouGov for Bankrate, 56% of Americans feel they are falling behind on saving up for their post-work lives.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Retirement program's reserves are slated to be depleted in 2033. New analysis says senior poverty could surge as a result.
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
Never-before-seen video from January 6 shows lawmakers in hiding, seeking help to stop the riot; California serial killer may also be connected to Chicago murders.
As Iran and the U.S. vow to intensify their attacks, Gulf states are caught in the middle, and they're running low on interceptors to block Iran's retaliation.
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
A Senate Republican assisted several police officers in ejecting a man who interrupted a Capitol Hill hearing on Wednesday to object to the U.S. and Israel's war with Iran.
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
Federal prosecutors are dropping their probe into whether Biden and his aides unlawfully used an autopen for pardons, a source said.
Minnesota Gov. Tim Walz told lawmakers that fraud "happened on my watch," but defended his administration's handling of the allegations.
Republican Rep. Tony Gonzales of Texas acknowledged for the first time Wednesday that he had a relationship with a former staffer, but alleged the controversy that has engulfed the situation is "about power and money."
In an interview with CBS News Wednesday, Israeli President Isaac Herzog said that he is "not calling on any boots on the ground" in Iran.
Authorities in Utah are searching for a suspect in the deaths of three women. Two bodies were found on a hiking trail and the third in a residence.
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
Referee Marla Gearhar was knocked to the floor in the melee between South Alabama and Coastal Carolina.
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
Republican Rep. Tony Gonzales of Texas acknowledged for the first time Wednesday that he had a relationship with a former staffer, but alleged the controversy that has engulfed the situation is "about power and money."
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Oregon food manufacturer Ajinomoto expands an earlier recall of frozen and ready-to-eat products over glass contamination.
Google is accused in a wrongful death lawsuit filed by the family of a man who committed suicide in October, allegedly at the direction of the tech giant's AI chatbot, Gemini.
The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
Republican Rep. Tony Gonzales of Texas acknowledged for the first time Wednesday that he had a relationship with a former staffer, but alleged the controversy that has engulfed the situation is "about power and money."
Sen. Steve Daines said he had wrestled with the decision for months.
In an interview with CBS News Wednesday, Israeli President Isaac Herzog said that he is "not calling on any boots on the ground" in Iran.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
As Iran and the U.S. vow to intensify their attacks, Gulf states are caught in the middle, and they're running low on interceptors to block Iran's retaliation.
In an interview with CBS News Wednesday, Israeli President Isaac Herzog said that he is "not calling on any boots on the ground" in Iran.
The fallen soldiers identified by the Pentagon were Sgt. Declan Coady, Sgt. 1st Class Nicole Amor, Capt. Cody Khork, Sgt. 1st Class Noah Tietjens, Maj. Jeffrey R. O'Brien and Chief Warrant Officer 3 Robert M. Marzan.
Hilarie Burton Morgan, known for playing Peyton on "One Tree Hill," talks about her docuseries, "True Crime Story: It Couldn't Happen Here," which is in its third season. She explains how each episode highlights a case in a small town in the U.S., how the series empowers the audience and recent developments in a cold case.
TV host and food expert Padma Lakshmi, the creator and executive producer of the new CBS series, "America's Culinary Cup," speaks to "CBS Mornings" about creating the cooking competition and how it's different from other shows.
Bestselling author Michaeleen Doucleff offers science-backed tips on how families can curb their screen time and cut back on ultraprocessed foods. She explains how her new book, which is aimed at rewiring children's brains, began with a personal revelation.
Actor Luke Grimes talks about starring in the "Yellowstone" spinoff "Marshals." Grimes reveals why he was hesitant to join the cast at first and what it was like to have his new song "Haunted" to play in the premiere episode.
UFC commentator Laura Sanko joins "CBS Mornings" to preview Saturday's UFC fight where defending champion Max Holloway will take on Charles Oliveira for the BMF title.
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
Hours after the Trump administration ditched Anthropic over the dispute about AI use, OpenAI struck its own deal with the Pentagon. Now the details of that agreement appear to be changing after backlash. Katrina Manson, Bloomberg News reporter, has more.
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.
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Authorities in Utah are searching for a suspect in the deaths of three women. Two bodies were found on a hiking trail and the third in a residence.
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
DNA from the gloves found near Nancy Gunthrie's Arizona home was traced back to a local restaurant worker who has no connection to the investigation, the Pima County Sheriff's Department said.
Timothy Parsons, a legal staffer at the U.S. Attorney's Office in Washington, D.C., is facing federal criminal charges in Maryland, where he lives, three sources said.
Travis County DA Jose Garza said suggestions that he would seek charges were "intentionally false" and political in nature, calling the officers heroes.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
An American returning from vacation after attending a friend's wedding in India said he's now stuck in Qatar, where he had a layover, amid the Iran war. Imtiaz Tyab reports.
The State Department is urging people to leave 14 countries across the Middle East amid the Iran war. More than 1 million U.S. citizens are believed to be in the region, but it's unclear how many are actively trying to get out. Some Americans have voiced frustration with the lack of government assistance when they called for help, but the White House insisted the issue has been resolved. Weijia Jiang reports.
The U.S. military released video of a torpedo strike on an Iranian naval ship in the Indian Ocean off Sri Lanka. It's the first time the U.S. Navy destroy a warship with a torpedo since World War II. Charlie D'Agata has the latest.
Video shows an Iranian warship torpedoed by a U.S. submarine as the conflict escalates and Americans in the region look to escape. Plus, HHS Secretary Robert F. Kennedy Jr. takes aim at two popular coffee chains. All that and all that matters in today's Eye Opener.
Five of the six American service members who were killed in the Iran war have been positively identified. The father and sister of 20-year-old Sgt. Declan J. Coady, one of the deceased, remembers him.