Gen Xers are nearing retirement. About half say they need a miracle.
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.
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.
Retirement planner Craig Kirsner recommends people contribute to their 401K plans.
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
People say they need more money than ever to retire comfortably, but most employees are far from reaching their financial goal.
"The American Dream of retirement is going to be a nightmare for too many Gen-Xers," one expert said.
The tax agency said it is also boosting the contribution threshold for IRAs due to inflation.
Markets staged a miraculous comeback Wednesday following stocks' worst-ever Christmas Eve. The Dow posted biggest daily point gain ever.
According to personal finance website GoBankingRates.com, 42 percent of Americans polled said they have less than $10,000 saved for their eventual retirement.
Retirement 911: Are You Prepared? It's Never Too Early To Start
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.
Legislators in the Florida House are set to pass a bill to end traditional guaranteed pensions for future state and county employees along with teachers.
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.
In our consumer-based economy, when shoppers feel like spending, business gets a boost.
Incoming House Speaker Will Weatherford said the current pension system is "old and archaic", and he wants to change it.
When CBS4 Anchor Eliott Rodriguez sat down with Newt Gingrich, he was ready to talk about a lot more than Cuba policy and immigration. The former House speaker also took on a traditional GOP issue: taxes.
As the economy continues to sputter, city and state governments are turning against their own workers to make up the financial shortfall. The latest cuts are targeting pension plans which have pushed some cities to the brink of financial ruin.
As pensions gradually become extinct, retirement planning has changed dramatically over the last few decades. Now, the 401K has reached a milestone.
We all have money fears, but research shows that women lag behind men when it comes to investing.
For more and more workers, 401K plan savings are what they will have to rely on for their retirement. But according to a new survey, an alarming number of baby boomers have not faced up to that reality.
Jimmy Butler scored a season-high 33 points, leading the Miami Heat to a 123-118 overtime win over the Dallas Mavericks.
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
The apparent shooting happened just before 3 a.m. Sunday, Lauderhill Police said.
Crews are currently at the scene of the blaze at Lillie C. Evans Elementary School
Jimmy Butler scored a season-high 33 points, leading the Miami Heat to a 123-118 overtime win over the Dallas Mavericks.
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
They say the best journey takes you home. I couldn't agree more.
While I wasn't born or raised in South Florida, the area still holds a special place in my heart.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
Florida insurance companies made money last year for the first time in seven years.
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Jim devotes the entire half hour to an interview with Miami State Representative Danny Perez who was sworn in this week as the Speaker of the Florida House.
Jim devotes the entire half hour to an interview with Miami State Representative Danny Perez who was sworn in this week as the Speaker of the Florida House.
As the nation prepares for a Trump presidency in which Republicans control both the House and the Senate, Jim interviews leaders on both sides of the political landscape.
Jim interviews Rosanna "Rosie" Cordero-Stutz who was elected this week as the sheriff of Miami-Dade; and Jim talks to the executive director of the Florida Women's Freedom Coalition about what's next for abortion in Florida.
Jim and his guests focus on the early voting numbers we are seeing locally and statewide, specifically the impact the huge Republican turnout thus far might have once all the votes are counted.
Jim sits down with key stakeholders in some of Florida's most contentious ballot initiatives.
His stance conflicts with advice from the American Academy of Pediatrics and the American Dental Association.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
There is currently no cure for Parkinson's Disease. But some with Parkinson's are finding that an unusual therapy – rock climbing – is helping them improve their balance, mobility, strength and cognition.
The FDA's Dr. Peter Marks says he hopes to keep his job under a second Trump term, and urges Robert F. Kennedy Jr. to "keep an open mind."
U.S. Consumer Product Safety Commission issues urgent safety alert after ninth recall of adult bed rails in three years.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
The American Automobile Association said this is a dangerous time of year for young drivers.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
There are two sales tax holidays for hurricane supplies
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
The Grammy nominee, 26, posted a rainbow flag emoji and short statement, then added in another post that he had been "outted."
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
The 17-time Grammy Award-winning artist's new album features 12 songs.