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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.
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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.
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.
Investments in technology or crypto come with high risks.
"For most people, the best course of action is sit tight, double buckle the seat belt, keep adding money while stocks are lowering and keep accumulating more shares."
According to a personal finance website, 42 percent of Americans that were polled said that they have less than $10,000 saved for their eventual retirement.
The Dow Jones Industrial Average had its biggest single day point decline in its history-- at one point down 1,500 points.
Americans who want to retire may face very unequal paths to get there depending on where they live. Workplace retirement plans, such as 401(k) accounts, have become a critical retirement savings tool for most Americans.
Stocks tanked early Monday, with the Dow plunging more than 1,000 points following the lead set by overseas markets. Do the problems on Wall Street have you concerned?
Experts say even those who are normally careful with their finances are susceptible to money missteps.
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.
In an illuminating sign of changing times and revised visions of retirement, a new poll finds older Americans not only are delaying their retirement plans, they're also embracing the fact that it won't necessarily mark a complete exit from the workforce.
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.
American Airlines has just started implementing new work rules, pay, and benefits after getting a bankruptcy judge's OK to toss out the old pilot contracts.
New rules are starting for 401(k) plans, and many people are wondering if they are still worthwhile. Financial expert Jim Lacamp offers some advice.
With the stock market fluctuating, many people are wondering what's happening to their retirement funds, and if it's even possible to retire. These days, how much do you even need in order to retire?
Many people in their 40s and 50s are feeling the painful equation. When the market drops, so do their 401ks. It seems the only thing going up these days is the retirement age.
The Fourth of July allowed some to reflect on how independence fuels their American dream – a dream many said is alive and well in the USA.
Dallas Fire-Rescue says it was dispatched just before 8 p.m. to a location just off Windsurf Bay Park.
At least three people were killed and six others injured when a driver crashed into a Manhattan park Thursday night during a July 4th celebration, authorities said.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
Rain chances will go down significantly by Sunday.
The Fourth of July allowed some to reflect on how independence fuels their American dream – a dream many said is alive and well in the USA.
Dallas Fire-Rescue says it was dispatched just before 8 p.m. to a location just off Windsurf Bay Park.
At least three people were killed and six others injured when a driver crashed into a Manhattan park Thursday night during a July 4th celebration, authorities said.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
Rain chances will go down significantly by Sunday.
The judge cited the company's cruel treatment of the animals for, "unreasonably depriving the animals of necessary care or shelter."
Thousands of items disappeared from the DeSoto Police Department evidence room, an internal audit found.
When 72-year-old Tom England received his Medicare statement in the mail, he immediately sensed something was wrong.
Jeremiah Cottle is selling all the intellectual property rights for the manufacture of bump stocks.
In 2017, investigators found bump stocks attached to the guns used in the 2017 Las Vegas mass shooting, which killed 58 people - the deadliest mass shooting in U.S. history.
Joseph Kim is not someone who takes his Independence Day for granted.
Joseph Kim has worked at the Bush Institute for five years helping other people who escaped the same brutal dictatorship he did. Kim voted for the first time during the 2020 election and credits former President George W. Bush for his freedom.
The president honored Philip Shadrach and George Wilson for their "gallantry and intrepidity" during the "Great Locomotive Chase" of 1862.
Following debate, age factors in, and race shifts in Trump's direction after the first 2024 presidential debate.
President Biden met with Democratic governors on Wednesday amid concerns over his debate performance last week.
Richardson residents continue to recover from storms that hit North Texas with winds that created debris and damages to homes.
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.
Over the past several months, the CBS News Texas I-Team has reported on solar panel horror stories. This time, we set out to find a success story.
Self-driving 18-wheelers have longtime truckers worried about their livelihood and others concerned that the technology needs more testing to make sure the public is safe.
McDonald's concept restaurant CosMc's has taken its drink-focused menu to Dallas for its second-ever location.
Hatch has received two reports of people being shocked after plastic on the product's AC power adapter came off.
A case of H5 influenza, also known as bird flu or avian influenza, has been confirmed in a man who was working at a dairy farm in northeastern Colorado.
Trader Joe's says a seasonal scented favorite should be discarded or returned due to an "unexpected burn pattern."
The FDA found even some products that claimed to be "sterile" were contaminated.
Brominated vegetable oil will no longer be allowed in food and beverages in the U.S., 50 years after chemical banned in U.K.
If you're not one of the millions of people traveling for the holiday, here's where you can go to shop and eat.
Change is coming to the Fort Worth Stockyards in the form of a billion-dollar development project.
In a letter to Southwest's board, the investment firm complained that Southwest's stock price has dropped more than 50% in the last three years.
"Bad Boys: Ride or Die" opened with an estimated $56 million in theater sales over the weekend.
TXSE Group aims to launch by 2026.
It's the dawn of a new era at the Nathan's Famous Hot Dog Eating Contest. Patrick Bertoletti is the new men's champion, and Miki Sudo set a new record and retained the women's division title.
The Texas Rangers ended their 11-game losing streak to the San Diego Padres with a 7-0 win on Tuesday night.
The Dallas Wings were coming off their best season since moving to Texas eight years ago, and their most wins since the franchise's last WNBA title in 2008.
Beloved Golden State Warriors guard and legendary Splash Brother Klay Thompson will be headed to Dallas as part of a multi-team sign-and-trade deal, according to reports.
Bye-bye Big 12, hello SEC. The move becomes official today, after 3 years in the making.
It's the dawn of a new era at the Nathan's Famous Hot Dog Eating Contest. Patrick Bertoletti is the new men's champion, and Miki Sudo set a new record and retained the women's division title.
Martin Mull came to national fame with a recurring role on the Norman Lear-created satirical soap opera "Mary Hartman, Mary Hartman," and the starring role in its spinoff, "Fernwood 2 Night."
The Oscar-winning actor and director spoke with CBS News Texas ahead of the release of his passion project.
The original 1997 illustration for the front of the first Harry Potter book has set a record for Potter-themed memorabilia on the auction block.
"CBS News 24/7," a daily flagship show featuring live reporting from CBS News and Stations' local-to-global newsrooms, brings viewers a dynamic and immersive news experience.
Here are some safety tips for hot days and remembering to check the back seat of your car.
Two people jumped off of a boat into Lake Ray Hubbard on the Fourth of July and never resurfaced. Fire and rescue crews were called out to an area near Windsurf Bay Park just before 8 p.m.
Severe weather is likely next Tuesday and Wednesday as tropical rains reach Dallas-Fort Worth.
High temperatures will be in the low 90s on Friday, with storms returning to the forecast.
An intense search is underway for two people who jumped off a boat Thursday evening into Lake Ray Hubbard and didn't resurface.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
Severe storms made way across North Texas on May 28, leaving behind a path of destruction.
Damage from across North Texas that was left behind by two tornadoes on May 25.
A storm chaser not only captured a massive tornado touching down in Hawley, Texas on Thursday but ended up rescuing a family of four whose home was destroyed by it.
Dallas artist Roberto Marquez traveled to the Rafah Crossing in Egypt, the U.S. capital and will attend this weekend's statewide protest in Austin.