On Sunday, August 3, 2025, CBS News Sunday Morning aired its annual “Money Issue,” this year devoted to retirement planning—offering invaluable guidance in an era of financial uncertainty and changing economic realities. Jane Pauley anchors the feature, guiding viewers through an array of segments designed both to inform and inspire those nearing retirement or already enjoying it.
Among the most noteworthy interviews is with Ted Benna, widely recognized as the father of the 401(k). At 83, Benna reflects on how a then‑obscure IRS tax provision in 1981 enabled the invention of the now‑ubiquitous retirement savings vehicle—changing the U.S. financial landscape in profound ways.
In a prominent cover story, David Pogue explores the past, present, and future of Social Security. He shares insights from former SSA commissioner Michael Astrue, who warns that recent staffing cuts—down to its smallest size in 50 years—threaten the resilience of a system millions rely on. Pogue’s reporting includes an examination of policy pressures and the potential effects on future retirees.
Other segments feature a wide spectrum of retirement experiences. Luke Burbank profiles individuals embracing the FIRE (Financial Independence, Retire Early) movement. Through frugal living and careful investing, some have retired in their 40s to pursue new passions. Susan Spencer explores the rise of bucket lists, including stories like an 83‑year‑old fulfilling her dream of racing a car through an AARP program. Martha Teichner visits Latitude Margaritaville, a vibrant 55+ community inspired by the ethos of Jimmy Buffett, blending leisure with purpose-built retirement living. Conor Knighton takes viewers to a one‑of‑a‑kind retirement sanctuary for chimpanzees in Louisiana—a moving metaphor for care in later life. Lee Cowan showcases restored WWII aircraft taking flight again at an air force base in Arizona, blending history and reinvention in retirement.
The broadcast also included timely insights from experts. Michelle Singletary, personal finance columnist, offered strategies to strengthen retirement savings—emphasizing consistent contributions, diversified portfolios, and resilience in market volatility. Jo Ling Kent reported on the current week’s market turbulence and tariff developments, breaking down their implications for individual retirement funds.
Complementing the broadcast, CBS News Sunday Morning released an updated Retirement Guide on August 2, 2025. This toolkit includes links to essential resources like IRS retirement plan info, Social Security calculators, Department of Labor ERISA education, Medicare guidance, AARP portals, and recommended books such as “50 After 50” and “Playing with FIRE.”
As Americans face prolonged inflation—with the Consumer Price Index hitting 2.7% in June 2025—retirees and pre‑retirees are feeling pressure on their fixed incomes and savings. A recent article from late July emphasized the renewed need to rebalance portfolios, consider inflation‑resistant assets like TIPS or dividend stocks, and keep retirement contributions steady—even during economic uncertainty.
The Money Issue addresses exactly these challenges—empowering viewers with both strategic insight and real‑life illustrations of how people are navigating their retirement years thoughtfully. From the legacy of the 401(k) to modern financial independence movements and creative late‑life pursuits, the program captures a multi‑dimensional view of retirement today.
For readers and viewers seeking structured tools, expert financial advice, and uplifting lifestyle models as they plan for or live in retirement, this issue offers a comprehensive, accessible roadmap.
