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.
"The American Dream of retirement is going to be a nightmare for too many Gen-Xers," one expert said.
Two out of three U.S. adults do not have a will or other estate planning documents, according to a Caring.com survey
With the delay of the tax filing deadline this year, you can contribute to your traditional or Roth IRA accounts until May 17. CBS News business analyst Jill Schlesinger joins CBSN to discuss how to make the most of your retirement savings.
Millions of Americans are seeing their finances taking serious hits because of the pandemic, and some people are looking to withdraw money from their retirement funds. Daniel Geltrude, founder and managing partner at financial consulting firm Geltrude & Company, joins CBSN to discuss how you can get your retirement planning back on track.
CBS MoneyWatch spoke to The New School's retirement expert, labor economist Teresa Ghilarducci, about why women and workers of color are more likely to be forced into early retirements during the coronavirus pandemic.
Investing can seem intimidating when you have no background information or resources, but it may be more accessible than you think. Something as simple as a 401(k) or IRA can lead to greater retirement earnings than using a traditional savings account. CBS News business analyst Jill Schlesinger joined CBSN with more on how to make the most out of your investments.
Workers at every age should try to set aside some of their earnings for retirement, said CBS News Business Analyst Jill Schlesinger
The rules for hardship withdrawals are strict and the costs of taking money from your future retirement can be sky-high
The bipartisan bill would allow more small businesses to help with retirement plans, help contribute and pay off loans and let parents use retirement money to help with childcare
Millennials take note: The key to retiring on time is starting to save money early. Follow this advice from experts
Half of American parents are skimping on retirement savings to support their adult children. Here's why that's bad
The bedrock retirement programs for middle- and working-class Americans are in shaky financial shape, report shows
A generation defined by high levels of debt often thinks paying off credit cards and student loans trumps saving for retirement
In our Eye on Money series, we are looking at costly mistakes people make with their finances. Failing to have a will is one of the biggest errors you can make. Fifty-eight percent of American adults have not prepared estate planning documents, according to Caring.com. We spoke to a Massachusetts woman who could lose the home she has lived in for most of her life because her step-father did not leave a will. CBS News business analyst Jill Schlesinger, who writes about the importance of having a will in "The Dumb Things Smart People Do with Their Money," joins "CBS This Morning" to offer practical tips.
A new survey by the investment giant BlackRock suggests tens of millions of Americans still haven't started saving for their retirement. Only 52 percent of women say they've begun to put money away, compared to 61 percent of men. Americans who have a retirement savings plan say they feel a greater sense of well-being. BlackRock president Rob Kapito joins "CBS This Morning" to discuss the state of retirement savings.
It really depends on how old you are and whether you've got a strategy in place for inevitable market drops
Tom Coomer, 80, is just one of nearly 10 million Americans over 65 still working. He was working as a machinist when his plant closed down, just one year shy of getting his full pension. CBS News correspondent Mark Strassmann has his story.
Many Americans are forced to hold off on their retirement, working past 65. CBS business analyst Jill Schlesinger joins "CBS Evening News" anchor Jeff Glor to explain why people are working longer, and what they can do to secure their financial future.
The IRS has raised its annual contribution maximums for 401(k)s, IRAs, and health savings accounts
A new survey finds workers who retired are coming back to the workforce, many times in a completely different career. Katie Aupperle from KXJB-TV reports from Fargo, North Dakota.
Your chances of having enough savings set aside by retirement time are much greater if you follow these tips
A new study reveals a jarring truth for baby boomers. Instead of retirement and relaxation, many are facing bankruptcy. More than 12 percent of those who file for bankruptcy protection are over 65, a figure that was just over 2 percent in 1991.
It can be tempting to chase high-flying stocks that could reap big rewards--but also carry big risks. Here's what financial experts recommend to keep your retirement on track.
Even if you don't think you've invested in tech stocks, there's a good chance you have if you have a retirement fund. Co-founders of MarketSnacks, Nick Martell and Jack Kramer, join CBSN to discuss the impact of investing in highly valued tech stocks.
Just a few more months of work can make a big difference for your retirement savings.
Memorial Day weekend isn't here yet, but you can still score massive discounts on the best mattresses of 2024 now.
Give your grad a thoughtful gift that can help them prepare for life after high school and beyond.
It's Jokic vs. James. Here's how and when to watch today's Los Angeles Lakers vs. Denver Nuggets NBA playoff game.
Discover what's new in the 2024 edition of Samsung's popular Frame smart art TV.
Find out how and when to watch the Philadelphia 76ers vs. New York Knicks NBA Playoff game today.
Here's how and when to watch the Orlando Magic vs. Cleveland Cavaliers NBA playoff series today.
Gift your high school graduate the best computers from Apple, HP, Lenovo and more.
Liven up your patio and get much-needed sun coverage with the best patio umbrellas of 2024.
These robot vacuums from Lefant, Shark and more will keep your floors clean. But they won't break the bank.
Follow live updates as former President Donald Trump's criminal trial resumes in New York.
Over 100 victims of Larry Nassar, who was convicted of sexual abuse and child pornography, will receive a settlement from the Justice Department.
Trump made 10 social media posts that were "threatening, inflammatory," prosecutors said, arguing he should pay a fine for each post.
Customers who rely on government assistance programs can get same perks as Prime members, for less.
Authorities in Washington state are searching for a former officer accused of killing two women and abducting a child.
Customers who rely on government assistance programs can get same perks as Prime members, for less.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
Former President Donald Trump could receive a large windfall from his newly public media company, Trump Media & Technology Group.
Proposed deal "threatens to deprive consumers of the competition for affordable handbags," federal agency says.
A bill that could ultimately ban TikTok in the U.S. will soon head for a vote in the Senate. Here's what experts say to expect next.
Follow live updates as former President Donald Trump's criminal trial resumes in New York.
Trump made 10 social media posts that were "threatening, inflammatory," prosecutors said, arguing he should pay a fine for each post.
The Senate is expected to approve the foreign aid package this week after months of disagreement in Congress.
As of the end of March, more than 187,000 Ukrainians have arrived in the U.S. under the Uniting for Ukraine program, resettling with resounding efficiency and relatively little controversy.
The NYPD made several arrests at a pro-Palestinian protest outside NYU's Stern School of Business in Gould Plaza.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
Warmer weather is prime time for ticks that can carry Lyme disease and other illnesses. Here's how to spot them and get rid of them.
Tires emit huge volumes of particles and chemicals as they roll along the highway, and researchers are only beginning to understand the threat. One byproduct of tire use, 6PPD-q, is in regulators' crosshairs after it was found to be killing fish.
Cancer, heart disease, respiratory illnesses and kidney dysfunction among the health consequences of a warming planet.
To reduce recidivism, some rural counties are hiring community health workers or peer support specialists to connect people leaving custody to mental health, substance use treatment, medical services and jobs.
The photo of Prince Louis is said to have been taken by his mother Catherine, Princess of Wales.
The wreck is "partly disintegrated," but some remnants have been "very well preserved."
A new U.K. law means asylum seekers arriving on British shores without prior permission can be deported to East Africa.
In his final letter before he vanished on Mount Everest, George Mallory said his chances of reaching the world's highest peak were "50 to 1 against us."
As of the end of March, more than 187,000 Ukrainians have arrived in the U.S. under the Uniting for Ukraine program, resettling with resounding efficiency and relatively little controversy.
Emmy and Tony Award-winning actress Bebe Neuwirth is back on Broadway, starring as Fraulein Schneider in the new revival of "Cabaret."
Chanel Miller, celebrated for her profound memoir "Know My Name," steps into a new creative realm with her children's book, "Magnolia Wu Unfolds It All." The story, both written and illustrated by Miller, follows two young friends on an adventurous quest through New York City to return misplaced socks from Magnolia's parents' laundromat.
Country music star Eric Church has had a standout year, marked by the opening of his new bar, restaurant and venue called “Chief's” in Nashville. In addition to launching this highly-anticipated spot, Church is playing a 19-show residency there.
First on "CBS Mornings," we're getting a first listen to a never-before-heard song from Aaron Carter. Carter died in 2022 after struggling with addiction and mental health issues. Now, his team and his sister, Angel Carter Conrad, are releasing his previously unheard music. "The Recovery Album" comes out May 24. Part of the proceeds will go to the nonprofit "The Kids Mental Health Foundation," formerly known as "On Our Sleeves."
Facing widespread unhappiness over its response to the Israel-Hamas war, the writers' group PEN America has called off its annual awards ceremony.
Customers who rely on government assistance programs can get same perks as Prime members, for less.
Secretary of Commerce Gina Raimondo is at the center of a global competition for semiconductor dominance. It's a battle that also puts her at the center of two of the hottest global national security hotspots. Lesley Stahl of 60 Minutes spoke with Raimondo for the broadcast.
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 bill that could ultimately ban TikTok in the U.S. will soon head for a vote in the Senate. Here's what experts say to expect next.
More than 100 nations, including the United States, have agreed to protect 30% of the world's oceans by 2030.
A photo taken two days after the sinking of the RMS Titanic apparently shows the iceberg that doomed the so-called unsinkable ship in 1912. CBS News' John Dickerson has details.
Despite how terrifying sharks might seem, the creatures are critical to the survival of the world's oceans. Oceans generate 50% of the oxygen on the planet and absorb 90% of excess heat created by global warming. CBS News senior national and environmental correspondent Ben Tracy spoke with conservationists in the Bahamas.
A new CBS poll finds that most of the public favors the U.S. taking steps to address climate change. CBS News executive director of elections and surveys Anthony Salvanto breaks down the numbers.
Climate change could cause a $38 trillion income loss per year globally by 2049, according to a new study by the Potsdam Institute for Climate Impact Research. CBS News' Lilia Luciano breaks down the numbers.
A recent report by the United Nations warned that 1 million species are at risk of extinction because of climate-related issues, and some scientists say the number could be even higher. CBS News national environmental correspondent David Schechter has more.
Over 100 victims of Larry Nassar, who was convicted of sexual abuse and child pornography, will receive a settlement from the Justice Department.
Authorities in Washington state are searching for a former officer accused of killing two women and abducting a child.
A Minnesota state senator now faces charges in connection to a burglary at a Detroit Lakes home earlier this week.
Scammers have been increasingly successful in leveraging their romantic grip on victims by turning them into unwitting co-conspirators, or "money mules."
Prosecutors objected some of the survey questions about Bryan Kohberger and the deaths of four University of Idaho students.
In November 2023, NASA's Voyager 1 spacecraft stopped sending "readable science and engineering data."
In two weeks, Boeing's Starliner spacecraft is scheduled to launch its first piloted test flight, bringing two veteran NASA astronauts to the International Space Station. Astronaut Matt Dominick joined CBS News from the ISS to talk about the mission and life in space.
A process called cryopreservation allows cells to remain frozen but alive for hundreds of years. For some animal cells, the moon is the closest place that's cold enough.
The Lyrid meteor show is set to peak as the week begins.
April's full moon, known as the Pink Moon, will reach peak illumination on Tuesday, but it will appear full from Monday morning through Thursday morning.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
A 10-foot-long alligator was wrangled and relocated after wandering onto the tarmac at MacDill Air Force Base near Tampa, Florida.
Donald Trump's Tuesday began with a contempt hearing over whether the former president violated a gag order in his ongoing "hush money" trial in New York. CBS News national correspondent Errol Barnett and CBS News legal contributor Jessica Levinson have more on the hearing and the rest of the case.
A Brazilian woman brought a 68-year-old man in a wheelchair into a bank branch and tried to get him to sign for a loan, police said. Bank staff became suspicious and called the police, who said he had been dead for hours. Local media reported that the family's lawyer disputed the account offered by police, saying "the facts did not happen as stated" and that the man had arrived at the bank alive.
Voters will also be choosing their candidates in Pennsylvania's U.S. Senate race Tuesday as the commonwealth holds its primary contests. Democratic Sen. Bob Casey is seeking his fourth term against two-time Republican Senate challenger David McCormick. CBS News politics reporter Zak Hudak has more.
A surfing accident left New York teacher Billy Keenan paralyzed, but when he received a call from a police officer, his life changed.