Unpacking the April 13 Money Issue of "Sunday Morning": A Rich Exploration of Wealth and Retirement
Spotlight on Financial Literacy and Retirement Planning
This week, join Jane Pauley and the Emmy Award-winning “CBS News Sunday Morning” team as they delve into an essential topic that shapes our future: money. The annual "Money Issue," airs on April 13 and offers a wealth of insights on securing a fulfilling retirement in an ever-changing financial landscape. Tune in at 9:00 a.m. ET on CBS or catch the stream on the CBS News app beginning at 11:00 a.m. ET.
The Turmoil of Today’s Economy: A Look Back
Trump’s Chaotic Tariff Week
This past week has seen monumental economic shifts as President Trump imposed and adjusted tariffs on imports from nearly every country. This whirlwind of policy changes created ripples across Wall Street, contributing to a loss of trillions in market value and hitting Americans’ retirement and college savings accounts hard. Correspondent Jo Ling Kent provides a reflective analysis on the chaotic week and its lingering effects on both consumers and companies alike.
Social Security: A System in Jeopardy?
Insights from Former Commissioner Michael Astrue
With the Social Security Administration operating at its smallest size in 50 years, the proposed changes by the Trump administration raise concerns. Michael Astrue, the former commissioner, argues that the administration’s plans may threaten the very benefits they aim to protect. Correspondent David Pogue investigates the future of Social Security amidst these changes.
Exploring Your Life Goals: The Bucket List Phenomenon
Making Your Dreams Come True
A recent study revealed that 90% of participants have crafted a bucket list filled with exciting and sometimes daring ambitions. Correspondent Susan Spencer explores the thrilling do’s and don’ts of list-making, sharing the inspiring story of an 83-year-old woman who achieved her lifelong dream of racing a car, thanks to AARP’s Wish of a Lifetime initiative.
A Place for Retired Chimpanzees
Chimp Haven: A Home for the Aging
At Chimp Haven, the world’s largest chimpanzee sanctuary, more than 300 chimps enjoy their retirement on a sprawling 200-acre site in Northwest Louisiana. Correspondent Conor Knighton highlights the care and loving environment offered to these chimps, many of whom have devoted their lives to scientific research.
The Power of AARP in Today’s Culture
AARP: Much More Than a Membership
Originating as an advocacy group primarily focused on Social Security and Medicare, AARP now represents 110 million Americans over the age of 50. In a revealing conversation, national correspondent Robert Costa speaks with AARP’s CEO, Dr. Myechia Minter-Jordan, and Myrna Blyth, its editorial director, about the organization’s significance to a growing demographic. Special guest Drew Barrymore, who has embraced her 50s, discusses her appearance on the cover of AARP: The Magazine.
The Rise of the ‘Grandfluencers’
Social Media After Retirement
Meet Diane Shiffer, a former educator turned social media sensation known as YourChubbyVintageNana on TikTok. With nearly two million followers, Diane embodies the spirit of creativity in retirement. Faith Salie speaks with Diane and fellow content creator Barbara Costello, revealing how older generations are redefining their post-retirement lives through social media.
Understanding the 401(k)
The Evolution of Retirement Plans
In a fascinating retrospective, correspondent Kelefa Sanneh interviews Ted Benna, the genius behind the 401(k) retirement plan. Originally designed to relieve companies from managing pensions, this financial tool has shifted the retirement landscape, placing the onus on employees to be proactive about their financial destinies, especially in today’s turbulent market.
Retiring Abroad: Exploring New Horizons
Living the Dream Overseas
For many retirees like Mary Charlebois and Kevin Scanlon, moving abroad offers not only a tighter budget but a zest for adventure. They’ve traded Mendocino County in California for Gozo, Malta, showcasing a growing trend among Americans seeking community and a fresh start. Correspondent Seth Doane shares their exciting journey.
FIRE Movement: Financial Independence and Early Retirement
Reinventing Work and Life Balance
Meet Nik and Adinah Johnson, who retired in their 40s to focus on family and personal passions. They are part of the FIRE (Financial Independence, Retire Early) movement, which redefines work as a means to an end. Correspondent Luke Burbank explores how frugality and smart financial choices empower individuals to exit the rat race prematurely, with insights from Vicki Robin, co-author of Your Money or Your Life.
Entertainment and Financial Themes: A Comedy Legacy
Cheech and Chong: The Comedy Duo Returns
Now in their late maturity, comedy legends Cheech Marin and Thomas Chong reflect on their illustrious careers as pothead icons in "Cheech and Chong’s Last Movie." Correspondent Tracy Smith delves into their legacy, highlighting how they’ve evolved while staying true to their comedic roots.
A Boneyard for Retired Warplanes
Where History Meets Rest
At Davis Monthan Air Force Base in Tucson, former military aircraft find their final resting place amongst the Arizona desert scenery. Correspondent Lee Cowan explores this fascinating location known as the Boneyard, where remarkable airplanes are preserved for history.
Latitude Margaritaville: A Unique Retirement Community
Living Life to the Fullest
Explore Latitude Margaritaville, a vibrant 55+ community inspired by Jimmy Buffett’s philosophy of relaxed living. Correspondent Martha Teichner highlights the lively atmosphere of this Daytona Beach retreat, where retirees can enjoy camaraderie and fun.
Financial Wisdom from Michelle Singletary
In a world rife with economic uncertainty, Michelle Singletary, Washington Post personal finance columnist, offers her sage advice on navigating the financial landscape with confidence for all ages.
To watch this enlightening episode in its full glory, don’t forget to tune into "CBS News Sunday Morning" or catch up on demand through CBSNews.com or Paramount+.
Whether you’re contemplating retirement, refreshing your bucket list, or diving into the world of financial independence, this week’s episode promises to equip you with invaluable knowledge and inspiration that could very well change your life. Stay tuned!