How to create a well-rounded estate plan
Two out of three U.S. adults do not have a will or other estate planning documents, according to a Caring.com survey
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.
A generation defined by high levels of debt often thinks paying off credit cards and student loans trumps saving for retirement
The bedrock retirement programs for middle- and working-class Americans are in shaky financial shape, report shows
Half of American parents are skimping on retirement savings to support their adult children. Here's why that's bad
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
The rules for hardship withdrawals are strict and the costs of taking money from your future retirement can be sky-high
Millennials take note: The key to retiring on time is starting to save money early. Follow this advice from experts
Workers at every age should try to set aside some of their earnings for retirement, said CBS News Business Analyst Jill Schlesinger
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.
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.
Your chances of having enough savings set aside by retirement time are much greater if you follow these tips
The IRS has raised its annual contribution maximums for 401(k)s, IRAs, and health savings accounts
It really depends on how old you are and whether you've got a strategy in place for inevitable market drops
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.
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.
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.
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.
With the tax filing deadline less than a month away, the IRS has already handled more than 67 million returns. More than 55 million will get a refund, with the average return just over $3,000. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the best ways to use that money when it comes to planning for retirement.
Planning for retirement can be stressful, especially if you plan on retiring early. The dream of early retirement can mean years of saving and making sacrifices. President and founder of Nicholas Wealth Management, David Nicholas, joins CBSN to discuss tips on how to retire before the average age.
Many people admit they don't save enough for retirement, but it's never too late to invest in the future. CBS News business analyst Jill Schlesinger explains how your tax refund could be a good jumping off point.
If you're like most Americans, you may be stressing about having enough money for retirement. There are many factors at play when trying to make our savings work. Economist Michael Szanto joins CBSN with tips on how to make your money last once you retire.
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The shooter died of an apparent self-inflicted gunshot wound, police said. One witness said, "I just really couldn't believe it was happening in my own neck of the woods."
Charles Booker is running a long-shot campaign to unseat incumbent GOP Sen. Rand Paul in November.
Tesla CEO says employees who don't show up to the electric car maker's offices will be assumed to have resigned.
Heard could file for bankruptcy, but would still be on the hook for punitive damages, an attorney said.
The judge said state law caps punitive damages at $350,000, meaning Depp's award would total $10.35 million.
Heard could file for bankruptcy, but would still be on the hook for punitive damages, an attorney said.
Even those who cheer Europe's embargo on Russian energy predict short-term price shocks for nations and consumers.
The move will erase debt for more than 560,000 borrowers.
Tesla CEO says employees who don't show up to the electric car maker's offices will be assumed to have resigned.
"I think I was wrong then about the path that inflation would take," Treasury Secretary Janet Yellen told CNN.
Formula manufacturers said they alerted retailers of a looming shortage in February.
Charles Booker is running a long-shot campaign to unseat incumbent GOP Sen. Rand Paul in November.
The move will erase debt for more than 560,000 borrowers.
When asked Friday if he would call a special legislative session, Abbott said "all options are on the table" and he said he believed ultimately that laws would be passed.
Sandberg, the chief operating officer, has been Zuckerberg's number 2 for 14 years.
Clinical health psychologist Dr. Natalie Datillo explains how patients can make connections to reduce pain and increase mobility.
Formula manufacturers said they alerted retailers of a looming shortage in February.
President Biden met with baby formula manufacturers, pressing them on what they're doing to improve supply. Even as the U.S. airlifts formula from overseas, it's just a fraction of what the U.S. needs to feed millions of children. Nancy Chen reports.
Kids younger than 5 are one step closer to being eligible for a COVID-19 vaccine. Pfizer applied for emergency use authorization for kids 6 months to 5 years old -- the only age group vaccines are not yet approved for. Nikki Battiste reports.
"The great Peanut Butter shortage of 2022 continues," proclaims theme park eatery in explaining holes in menu.
Across France, more than 300 people have reported being pricked out of the blue with needles at nightclubs or concerts in recent months. Similar accounts have emerged elsewhere.
The ban will likely strike a heavy blow to millions of impoverished farmers and day laborers who rely on proceeds from the crop to survive, and it comes as Afghanistan's economy has collapsed.
The longest-serving monarch in British history may have one of the most familiar faces on the planet, but she's still full of surprises.
As the new weapons shipments were announced, a Russian missile hit rail lines in the western Lviv region, a key conduit for supplies of Western weapons and other supplies, officials said.
The plant stretches 111.847 miles and is at least 4,500 years old.
The longest-serving monarch in British history may have one of the most familiar faces on the planet, but she's still full of surprises.
The judge said state law caps punitive damages at $350,000, meaning Depp's award would total $10.35 million.
The licensing company that controls his name and image is ordering Sin City chapel operators to stop using him in themed ceremonies, a newspaper reports. And that's leaving chapels all shook up.
Korean pop supergroup BTS visited the White House on Tuesday to discuss ending anti-asian violence on the last day of Asian American and Pacific Islanders heritage month. CBS News senior White House and political correspondent Ed O'Keefe reports.
The United Kingdom and its 14 Commonwealth realms are marking the 70th anniversary of Queen Elizabeth II's ascension to the throne.
Sheryl Sandberg is stepping down as the chief operating officer at Facebook's parent company, Meta. She has been with the social media company for 14 years and will continue to serve on the company's board.
Sandberg, the chief operating officer, has been Zuckerberg's number 2 for 14 years.
Boston Children's Hospital was attacked in the summer of 2021 and investigators were able to identify and repel the threat.
New details are emerging about possible warning signs in the weeks leading up to the May 24 shooting at the Robb Elementary School in Uvalde, Texas. The 18-year-old shooter reportedly had a history of harassing and threatening teenage girls online, particularly on the social media app Yubo. CBS News tech reporter Dan Patterson has more.
The Texas law, championed by conservatives, aimed to keep social media platforms like Facebook and Twitter from censoring users based on their viewpoints.
More than 6 million Californians are under new water restrictions as of June 1. The Metropolitan Water District of Southern California made an urgent call for a 35% reduction in water use, as nearly the entire state is under severe drought. CBS's Elaine Quijano spoke with Adel Hagekhalil, the water supplier's general manager, about how these new rules will affect people's lives.
Millions of people in southern California are facing new water restrictions thanks to a megadrought crippling the Southwest. But southern Nevada has been conserving water for years. The area's latest move is to tear out all non-functional grass to save nearly 10 billion gallons of water. CBS News senior environmental correspondent Ben Tracy reports.
NASA's James Webb Space Telescope could soon provide some answers about other planets in the far reaches of the Milky Way. Assistant astronomer at the Space Telescope Science Institute Néstor Espinoza speaks with CBS News anchor Lana Zak about the what scientists hope to learn from these other planets.
Some sang "We will, we will stop you!" to the tune of Queen's 1977 rock anthem "We will rock you." Some glued themselves to their seats.
No non-American has ever touched down on the lunar surface, and Japan has previously said it hopes to achieve a Moon landing by the end of this decade.
Across France, more than 300 people have reported being pricked out of the blue with needles at nightclubs or concerts in recent months. Similar accounts have emerged elsewhere.
Police in Tulsa, Oklahoma, say a gunman killed 4 people at Saint Francis Hospital before dying of a self-inflicted gunshot wound. Watch a briefing from local officials on the investigation.
The shooter died of an apparent self-inflicted gunshot wound, police said. One witness said, "I just really couldn't believe it was happening in my own neck of the woods."
The 25-count indictment also contains charges of murder and attempted murder as a hate crime and weapons possession.
Jacob Albarado was in his barber's chair when both men got text messages about the shooting unfolding at Robb Elementary School in Uvalde, Texas.
The contracts are valued at up to $3.5 billion.
"Amateur and professional astronomers around the world have been tracking its spectacular disintegration for years," NASA said.
A successful fueling test will clear the way for the moon rocket's first test flight as early as August.
SpaceX launched 59 small payloads while Boeing wrapped up its Starliner space station flight
For the first time, two U.S. astronaut ferry ships, from two different vendors are docked at space station.
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Donald Trump, Barack Obama, George W. Bush – how do the presidents of our era compare with those who came before?
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Sir Paul McCartney and best-selling author Tina Brown reflect on the queen’s unprecedented reign. The special airs on the Queen’s Platinum Jubilee at 10 p.m. ET on Thursday, June 2 on CBS, and will be streaming on Paramount +.
Gun control talks continue on Capitol Hill; Adm. Linda Fagan becomes commandant of Coast Guard.
Police in Tulsa, Oklahoma, say a gunman killed 4 people at Saint Francis Hospital before dying of a self-inflicted gunshot wound. Watch a briefing from local officials on the investigation.
According to a new report published by Jones Lang LaSalle, 69% of office workers believe hybrid work will be fundamental to retain the workforce in the future. Cynthia Kantor, the chief client and growth officer at Jones Lang LaSalle, joins CBS News' Elaine Quijano to discuss.
The Biden administration has announced new trade initiatives with Taiwan to strengthen economic ties, focusing on supply chains, clean energy, labor rights and technology exports. Tensions between Washington and Beijing are already high after President Biden promised to defend Taiwan if it was invaded. Shelley Rigger, a political science professor at Davidson University, joined CBS News' Elaine Quijano to discuss.