![Piggy Bank Climbing a Stair](https://assets1.cbsnewsstatic.com/hub/i/r/2024/06/10/60a7b3b9-e645-465b-b807-2e89ee8318ff/thumbnail/640x360/ec37cde13a2a98ea2e01d53b2010fdf5/gettyimages-1302807465.jpg?v=5710b2ed1cee1bdfd30cb9c02455b43d#)
Only 1 in 5 workers nearing retirement is financially on track
A new study finds that the median retirement savings of people who are 55 is just $50,000, far from what experts recommend.
Watch CBS News
A new study finds that the median retirement savings of people who are 55 is just $50,000, far from what experts recommend.
Social Security said it will stop relying on outdated information to determine whether someone qualifies for disability.
Without a major change, Social Security may be forced to cut benefits in 2035, a year later than previously forecast.
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.
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.
A Boston University economist says that people often don't understand the complexity of the system and the pitfalls that await them.
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 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.
Having trouble sleeping? New study finds participating in short bursts of activity before bed can help you sleep longer.
A recent study in the U.K. discovered those who walk or bike to work are more mentally and physically fit compared to those who don't.
There was a show of unity at the Republican National Convention as former opponents of Donald Trump dominated the program.
The last inmate walked out the doors of MCI-Concord on June 28.
The best deals of Amazon Prime Day 2024 are still going strong, but don't wait. These deals will sell out.
This month is on pace to be the most humid July on record in Boston.
More than 30 beaches across Massachusetts are closed for swimming Wednesday.
The National Weather Service said a Tuesday night storm in New Hampshire was not a tornado.
The last inmate walked out the doors of MCI-Concord on June 28.
There was a show of unity at the Republican National Convention as former opponents of Donald Trump dominated the program.
Having trouble sleeping? New study finds participating in short bursts of activity before bed can help you sleep longer.
A recent study in the U.K. discovered those who walk or bike to work are more mentally and physically fit compared to those who don't.
A new survey found that more than 50% of Gen Z are using TikTok for health advice.
One area that's often overlooked when we talk about extreme heat is its impact on medications, and many drugs don't do well in warm temperatures.
Experts say that while pelvic floor issues are common for women after childbirth they should not have to live with pelvic discomfort.
Blupoint Healthcare employees say their paychecks finally cleared at the bank.
An 84-year-old Navy veteran paid a shop thousands of dollars for a headstone. Two years later he still had nothing, until he reached out to WBZ's Call For Action.
Just days after the judge in the Karen Read case announced a mistrial, lawyers for the Mansfield woman are now looking to dismiss two of the charges against her.
The I-Team's Call for Action helped an Ipswich woman who spent years trying to get to the bottom of a mistake that was affecting her credit score.
A reformed romance scammer is speaking out, sharing with the I-Team how he got women to send him tens of thousands of dollars.
Jon Keller says Donald Trump chose not to unite the nation by selecting Ohio Senator JD Vance as his running mate.
Jon Keller takes a look at the short-term political implications of the Trump assassination attempt.
Longtime Everett Mayor Carlo DeMaria says a proposed soccer stadium is a key part of the solution to dwindling commercial revenues.
While the race for the White House has been mostly focused on President Biden and his widely-panned debate performance, his challenger Donald Trump is now breaking his post-debate silence.
Two big meetings were held in Washington Tuesday as House and Senate Democrats gathered separately to talk about President Biden and the future his candidacy.
Yankee Candle is laying off about 100 workers in Massachusetts amid a decline in the fragrance business.
Stop & Shop says it will be closing 32 stores this year and eight of them are in Massachusetts.
Thanks in part to an anonymous $5.2 million donation, the West Newton Cinema is likely to be saved from being demolished.
Bob's Stores, a discount clothing retailer with locations in Massachusetts and Connecticut, is going out of business.
Two New England pizza places were named among the best in the country by The New York Times.
Host Rachel Holt talks with their CEO about their distinct connection to Newport and what sets them apart as a "brewstillery."
Newport's Castle Hill Inn is one of the area's most coveted destinations offering visitors spectacular views, luxurious accommodations, and unique dining experiences.
Founded in 2014 with a mission of preserving, celebrating and sharing automotive history, the Audrain Automobile Museum is a must-stop destination for both car enthusiasts and Newport visitors alike.
Host Rachel Holt joins Prezza Mixologist Craig Carpenter in Boston's North End for a hot new twist on a classic cocktail that's bound to be the next big hit.
Chef Delphin Gomes joins host Rachel Holt in the test kitchen to show off his latest creations and the art of merging design with chocolate.
While Jaylen Brown's assessment on Bronny James didn't sit well with Lakers fans, Bronny's agent had no issues with the Celtics star sharing his opinion.
There is a new man in charge of the Patriots, with Jerod Mayo set to host his first training camp as head coach of New England.
While their top pick was a power-hitting outfielder, the Red Sox focused on pitching at the 2024 MLB Draft.
An incredible season continued for Jarren Duran on Tuesday, when the Red Sox outfielder took home MVP honors of the 2024 MLB All-Star Game.
Jarren Duran turned some heads in his first All-Star Game, hitting a tiebreaking two-run homer for the American League and being awarded the MVP trophy.
The 93-mile Lamoille Valley Rail Trail is now open in Vermont.
For the second time this year, a flamingo has been spotted on Cape Cod.
The Coast Guard came to the rescue of Barstool Sports founder Dave Portnoy after his boat lost power off Nantucket.
A humpback whale was caught on video leaping out of the water in Kittery, Maine.
Harvard researchers suggest intelligent beings concealed on Earth could be responsible for UFO sightings.