Retiring in America increasingly means working into old age, new book says
America's retirement system has left behind 90% of workers. "We see big gaps with the rich and the poor in terms of who gets to retire," one expert said.
America's retirement system has left behind 90% of workers. "We see big gaps with the rich and the poor in terms of who gets to retire," one expert said.
Former "Monty Python" star Eric Idle said people "always assume we're loaded." He added, "I have to work for my living."
How far retirees are able to stretch their savings depends largely on where they choose to settle down, one analysis shows.
Only about 1 in 10 Americans understands the basics of longevity, or how long they'll live in retirement. Can you pass the test?
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
The gap between what people think they'll need for old age and their actual savings is massive, even for those nearing retirement.
Seniors and other recipients of the Social Security program may get a cost-of-living adjustment of 3.1% next year, one forecast says.
Even a brief interruption in plan contributions can affect people's financial goals years down the road, experts say.
Divorced people can often collect benefits under the federal retirement program based on their ex-spouse's work history.
An estimated 60 million Americans live in households with two or more adult generations, according to numbers from the Pew Research Center.
Eliminating or lifting the tax cap would help stabilize Social Security, while also being fairer to most Americans, experts say.
According to U.S. Census Bureau data, 50% of women and 47% of men between the ages of 55 and 66 have no retirement savings.
Retirement is a seismic life change that can impact mental health, with one study suggesting it increases the likelihood of depression.
"The benchmarks move as I get older," one man told CBS News. Now, his goal is to retire at 70 and then "look for something part-time afterward."
A crowdfunding effort for "Mr. James" caught fire when the students posted a TikTok video of the 80-year-old janitor.
Follow live as Vice President Kamala Harris and former President Donald Trump enter the final weekend of the campaign in the 2024 election, as polls remain tight.
The disclosure brings to four the number of fake videos produced and distributed by Russia to mislead the American electorate that have been publicly identified in recent days by the U.S. government.
Beyond the close public relationship between former President Donald Trump and Hungarian Prime Minister Viktor Orbán is what sources have described as frequent exchanges delving deeply into political and governing strategy.
Any further attacks from either side could engulf the wider Middle East, already teetering over the Israel-Hamas war in the Gaza Strip and Israel's ground invasion of Lebanon, into a wider regional conflict.
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.
The police chief and three officers that make up the entire four-person police department of the town of Geary, Oklahoma resigned on Thursday with little explanation.
So far, 205 bodies have been recovered after the floods in Spain. Volunteers are helping clean up thick mud that is covering streets and businesses.
Sheriff's deputies in Alabama found Dennoriss Richardson, 39, in September in a rural part of Colbert County.
The disclosure brings to four the number of fake videos produced and distributed by Russia to mislead the American electorate that have been publicly identified in recent days by the U.S. government.
The county coroner's office ruled Frank Tyson, a 53-year-old East Canton resident death a homicide in August, but listed as contributing factors a heart condition and cocaine and alcohol intoxication.
A woman who pleaded guilty to dressing as a clown and in 1990 murdering the wife of a man she later married has been released from a Florida prison.
The police chief and three officers that make up the entire four-person police department of the town of Geary, Oklahoma resigned on Thursday with little explanation.
Experts say Southwest District Health in Idaho is the first public health department in the nation to be restricted from giving COVID-19 vaccines.
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Jasmine Adeoye, an account manager based in Austin, Texas, said she became addicted to kratom drink "Feel Free Classic," after she sought an alcohol alternative.
Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.
Online video production company says it fired as many as 10 employees after an investigation into its workplace culture.
Wendy's plans to close 140 U.S. restaurants before the end of this year on top of the 100 it said it would close in May.
The disclosure brings to four the number of fake videos produced and distributed by Russia to mislead the American electorate that have been publicly identified in recent days by the U.S. government.
Laws in more than 20 states, including Louisiana, now restrict various elements of mail-in ballots, which includes the kinds of assistance a voter can ask for.
Forty-seven states and the District of Columbia allow voters to track the status of their ballot. Find out how to check yours.
Follow live as Vice President Kamala Harris and former President Donald Trump enter the final weekend of the campaign in the 2024 election, as polls remain tight.
Beyond the close public relationship between former President Donald Trump and Hungarian Prime Minister Viktor Orbán is what sources have described as frequent exchanges delving deeply into political and governing strategy.
Experts say Southwest District Health in Idaho is the first public health department in the nation to be restricted from giving COVID-19 vaccines.
Jasmine Adeoye, an account manager based in Austin, Texas, said she became addicted to kratom drink "Feel Free Classic," after she sought an alcohol alternative.
Cardiac CT angiograms take detailed images of the heart and can show dangerous blockages in a person's arteries.
Some people conceived by sperm donors are pushing for regulation, citing the risks to society caused by extremely prolific donors.
But what kind of sickness do your symptoms point to? Here's a breakdown for COVID-19, flu and more — and why testing is so important.
The Biden administration said Thursday that some 8,000 North Korean soldiers are now in Russia's Kursk region near Ukraine's border.
The world's largest crocodile in captivity, Cassius, died at a wildlife sanctuary in Australia.
Kemi Badenoch is now the first Black woman to lead a major British political party.
So far, 205 bodies have been recovered after the floods in Spain. Volunteers are helping clean up thick mud that is covering streets and businesses.
Any further attacks from either side could engulf the wider Middle East, already teetering over the Israel-Hamas war in the Gaza Strip and Israel's ground invasion of Lebanon, into a wider regional conflict.
The four members of indie rock band Hippo Campus met while attending a Minnesota performing arts high school, and hit it big with the release of their first EP after graduating. Since then, they've just gotten bigger and better, selling out shows around the world and putting out multiple studio albums, including their newest release, "Flood," which was hailed as their best work yet. From "Flood," here is Hippo Campus with "Everything At Once."
The four members of indie rock band Hippo Campus met while attending a Minnesota performing arts high school, and hit it big with the release of their first EP after graduating. Since then, they've just gotten bigger and better, selling out shows around the world and putting out multiple studio albums, including their newest release, "Flood," which was hailed as their best work yet. From "Flood," here is Hippo Campus with "Madman."
The four members of indie rock band Hippo Campus met while attending a Minnesota performing arts high school, and hit it big with the release of their first EP after graduating. Since then, they've just gotten bigger and better, selling out shows around the world and putting out multiple studio albums, including their newest release, "Flood," which was hailed as their best work yet. From "Flood," here is Hippo Campus with "Paranoid."
After years of restoration work, visitors to the home of Marie Antoinette, the last queen of France, can get a new look into the private life of the controversial figure. Michelle Miller reports.
The National Ballet of Ukraine wrapped up a tour of the U.S. this week — its first since the fall of the Soviet Union more than 30 years ago. Several dancers spoke to CBS News about the power of performance and how they're keeping their nation's culture alive amid the war with Russia.
Three top government agencies are calling out two fabricated videos spreading lies about early voting, and they say a familiar foe is to blame. Nicole Sganga has more.
Elon Musk is encouraging X users to report instances of voter fraud in a new group on the platform. Many of the posts are unsubstantiated or false.
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.
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.
While scam phone calls have slightly decreased in the last three years, scam texts have tripled. A consumer report found that phone companies need to do more to prevent robocalls and texts for customers. CBS News correspondent Nancy Chen has more.
The presidential race and high-profile congressional contests may be dominating election coverage and fundraising, but many local and state elections are poised to affect the nation's progress on climate action and the shift toward clean energy. CBS News national correspondent Dave Malkoff has more.
East Coast and southern U.S. states experienced high temperatures this Halloween, with the heat forecast set to break records. CBS News 24/7 anchor Lana Zak reports on the weather and how New Yorkers celebrated the festivities.
A new report from the World Weather Attribution group has found that the 10 deadliest weather events of the last 20 years were intensified by manmade climate change. CBS News climate correspondent David Schecter has more.
Transportation is a lifeline, but experts say it's aging, underfunded and unable to withstand more frequent and intense extreme weather events. And if changes aren't made quickly, the EPA says the costs will be "steep," with hundreds of billions of dollars of damage every year.
Hurricane Helene is one of the deadliest hurricanes to make landfall in the mainland U.S. For many places across Florida, Tennessee and the Carolinas, recovery could take months or even years — and the next president will play a vital role in what that process looks like when they take office in three months. Here's what to know about Project 2025, former President Donald Trump's and Vice President Kamala Harris' stances on extreme weather, disaster recovery, and the root of the increasing frequency and power of storms — climate change.
Halloween took a horrific turn in Orlando, Florida, when gunshots rang out during a large celebration overnight. Two people were killed and at least eight were injured. Police have arrested a suspect. Manuel Bojorquez has the latest developments.
A 17-year-old suspect could be charged as an adult after allegedly shooting at least eight people in downtown Orlando as Halloween celebrations continued into early Friday morning. CBS News' Manuel Bojorquez reports.
Officials say at least two people were killed in downtown Orlando, Florida, during shootings on Halloween night. In Northglenn, Colorado, multiple people were shot during a house party and several victims have died. CBS News Colorado's Michael Abeyta reports. Also, in Vancouver, Washington, three were reportedly injured during a mall shooting.
Opening statements began in Daniel Penny's trial for Jordan Neely's chokehold death during a 2023 New York City subway incident. Prosecutors allege Penny's reckless actions led to Neely's death. Penny's defense may offer other potential reasons for Penny's death. CBS News New York's Christina Fan reports.
The wife of a Minnesota missionary who was killed in Angola has been arrested in connection with his death, according to his church.
NASA confirmed its sun-observing spacecraft captured the moment when the comet Atlas broke into chunks this week as it passed close to the sun.
A Chinese spacecraft carrying a three-person crew, including the country's first female space engineer, has successfully docked with China's orbiting space station. The launch comes as Beijing works to expand its space exploration and put a person on the moon by 2030.
A new crew of three Chinese astronauts, including the country's only woman spaceflight engineer, entered the Tiangong space station following an early morning launch into orbit.
NASA says three NASA astronauts and one Russian cosmonaut were taken to a medical facility for additional evaluation after splashing down to Earth Friday morning in the SpaceX Dragon Capsule. Derrick Pitts, chief astronomer at the Franklin Institute, joined CBS News to discuss the mission.
Three NASA astronauts and a Russian cosmonaut returned to Earth early Friday in the SpaceX Crew Dragon capsule Endeavour, capping a record-setting 235-day mission to the International Space Station. CBS News space analyst Bill Harwood has more.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Harris and Trump campaign in battleground states in election's final stretch; Chef attracts diners from around the world with seasonal Scottish cuisine.
The four members of indie rock band Hippo Campus met while attending a Minnesota performing arts high school, and hit it big with the release of their first EP after graduating. Since then, they've just gotten bigger and better, selling out shows around the world and putting out multiple studio albums, including their newest release, "Flood," which was hailed as their best work yet. From "Flood," here is Hippo Campus with "Everything At Once."
The four members of indie rock band Hippo Campus met while attending a Minnesota performing arts high school, and hit it big with the release of their first EP after graduating. Since then, they've just gotten bigger and better, selling out shows around the world and putting out multiple studio albums, including their newest release, "Flood," which was hailed as their best work yet. From "Flood," here is Hippo Campus with "Madman."
The four members of indie rock band Hippo Campus met while attending a Minnesota performing arts high school, and hit it big with the release of their first EP after graduating. Since then, they've just gotten bigger and better, selling out shows around the world and putting out multiple studio albums, including their newest release, "Flood," which was hailed as their best work yet. From "Flood," here is Hippo Campus with "Paranoid."
Chef Roberta Hall McCarron was nominated GQ's Best Chef of The Year in 2023 and has competed twice on the BBC's Great British Menu. McCarron specializes in Scottish cuisine, and our Dana Jacobson got a taste at her signature restaurant on a recent trip to Scotland.