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.
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Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
The investigation into a listeria outbreak linked to deli meats from Boar's Head continues, Eli Lilly is cutting the price of its weight loss drug Zepp and the number of "401k millionaires" is growing.
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.
"The American Dream of retirement is going to be a nightmare for too many Gen-Xers," one expert said.
More employees are tapping their nest eggs to cover financial emergencies, from medical care to avoiding eviction.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
Saving $1 million for retirement may sound like an impossible task that not many people have achieved.
According to personal finance website GoBankingRates.com, 42 percent of Americans polled said they have less than $10,000 saved for their eventual retirement.
SurePayroll's General Manager Andy Roe investigates why a majority of small businesses offer little to no retirement plan options.
Whether you're 25 or 55, you know you'll want to retire one day – and to retire in comfort you must save. These five simple steps can help you make a big difference in your efforts to reach retirement with lots of money in your retirement account.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
A judge has upheld most aspects of a new law requiring Michigan public school employees to pay more for their pensions.
A judge has temporarily blocked full implementation of a new law requiring Michigan public school employees to pay more for their pensions.
The Michigan House has approved legislation ending state-provided health care coverage in retirement for new teachers but not a provision forcing them into a 401(k)-style retirement plan.
New teachers in Michigan still would get hybrid pensions under changes made to a teacher benefits bill.
The Michigan Senate has passed a bill that would end pensions for newly-hired public school workers and instead give them 401-k's.
One investment expert recommends investors stay conservative in 2012.
Legislation aimed at reining in retiree benefit costs for Michigan state workers was approved Thursday by the Republican-led House Appropriations Committee.
If you're looking to lay blame for higher gas prices, you might want to look no further than your own 401k retirement account.
Click to view investment workshops for the month of February 2012.
A man was injured amid a vehicle explosion and fire that erupted Monday evening at a city park in Warren.
The death of a man whose body was found on Monday in Oakland County is being investigated as a homicide, authorities said.
Police are investigating a bank robbery in Ann Arbor, Michigan, with a woman now facing charges from the incident.
A man will face trial over charges resulting from a shooting and high-speed pursuit on Dec. 14 in Macomb County.
Detroit Police Chief Todd Bettison says the two incidents happened in the last few months, on Dec. 16, 2025, and Feb. 9, 2026.
Dearborn Public Schools issued a letter to parents Monday, saying it will research "alternative photography vendors" for its students.
Detroit Police Chief Todd Bettison says the two incidents happened in the last few months, on Dec. 16, 2025, and Feb. 9, 2026.
The death of a man whose body was found on Monday in Oakland County is being investigated as a homicide, authorities said.
If it's Fat Tuesday in Detroit, you will find bakery boxes piled high with icing-coated or sugar-dusted, deep-fried fluffy doughnuts called paczki.
The Rev. Jesse Jackson marched alongside Martin Luther King Jr., ran for president in the 1980s and led the Rainbow/PUSH Coalition in Chicago for decades.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
The winter storm that brought snow to Southeast Michigan on Sunday didn't stop car enthusiasts from leaving their homes for the final day of the 2026 Detroit Auto Show.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
For the first time, a major U.S. automaker is putting a team up against the European giants of Formula One. Can Cadillac be a contender?
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
The Rev. Jesse Jackson marched alongside Martin Luther King Jr., ran for president in the 1980s and led the Rainbow/PUSH Coalition in Chicago for decades.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
What started as food poisoning for a young boy in Clinton Township turned into years of organ failure.
Officials announced eligibility for mothers and babies in the city of Detroit.
Two Metro Detroit representatives are among those sponsoring a bill that calls for a 32% tax on any wireless device purchased for someone age 17 and younger.
The Oakland Community Health Network will now be taking over that responsibility amidst a financial dispute between the two organizations.
Legionella testing at Oakland County government facilities has detected the bacteria in the water systems of two additional buildings.
Lucas Raymond of the Detroit Red Wings was Sweden's best player and perhaps one of the best in the entire men's hockey tournament at the Milan Cortina Olympics.
Mikaela Shiffrin, who is the winningest athlete on the World Cup circuit, has now failed to win a medal in eight straight Olympic events since the 2018 Winter Games in PyeongChang.
Michigan is in a position to be No. 1 in the AP Top 25 men's college basketball poll because the program had financial support to make moves in the transfer portal and coach Dusty May has developed a selfless culture that money can't buy.
Lindsey Vonn, the 41-year-old Olympic veteran from Colorado, also reflected on her Olympic crash, saying, "I don't have regrets."
Olympic organizers promise that the villages where athletes live won't run out of free condoms again during the Milan Cortina Winter Games.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Detroit Police Chief Todd Bettison says he plans to "terminate" two officers after they contacted U.S. Customs and Border Patrol during two separate traffic stops, adding that their actions were against the department's policy.
Two people were killed and three others critically injured in a shooting Monday afternoon at a high school boys' hockey game in Pawtucket, Rhode Island, police said.
In keeping with their Lunar New Year traditions, hundreds of people visited a historic temple in Taipei in Taiwan to offer their prayers.
The Rev. Jesse Jackson, a civil rights leader who marched alongside Martin Luther King Jr. and later ran for president, has died, his family says. He was 84. CBS News has this look at his life and legacy.
Fat Tuesday in Metro Detroit is known as Paczki Day, with bakeries selling doughnut-style sweets. The investigation into a fatal shooting in Detroit continues. Other top stories.