Money youve got. How long can you go with the money youre saving and if you dont have must have, if you already know, like the people who responded to this hsbc survey, youre not going to have enough, you got to figure out how to invest in some stocks because you cant make up for lost time without stocks. You cant all be in fixed income or bonds, because there say little bit of inflation. You dont even get enough interest in order to make up for inflation. So youre actually losing money as opposed to growing it. The whole point is time is your best friend. Were saving for shortterm goals like vacation, but we need the more time you have, the more of a mix in your portfolio, and the more money youre going to make in the end. Save for your retirement first over saving for your kids college. Thats what a lot of people dont do. Fidelity says you need to look at it this way, at end of your working career, you need to have saved eight times your Financial Year salary. If you make 100,000 or more, 12 times that. Because youre used to spending more than that. When youre doing these things, your kids can borrow for college. Everybody wants to pay for their kids college, your kids can borrow and pay that over their working lives. You cant borrow in retirement. Thats an important thing to think about. Thanks so much, ali and christine. Im Fredricka Whitfield that will do it for me. Ill see you over the weekend. Brooke baldwin takes it from here. Congress is gone, and yet the spending cuts are coming. Find out what happened inside the white house when these guys met. Plus i jumped in the hole, i was trying to dig him out, but i couldnt find him. I thought i could hear him holler for me to help him. A man describes the moment his brother was swallowed by a sinkhole. And shock on the screen. Just before death row inmates were executed, a tv station airs their final hours live. The news is now. Hi there, im brooke baldwin. Good to be with you on this friday. Right now, an operation is under way to find a man who has been swallowed by a sinkhole in his bed. Hes jeffrey bush, screaming for help, this entire bedroom collapsed into this hole and his frantic brother tried desperately to save him. I heard a loud crash, like a car coming through the house. And i heard my brother screaming, so i ran back there and tried going inside his room, but when i turned the light on, all i seen was this big hole, real big hole. And all i seen was his mattress, and basically, like, that was it. Thats all i seen. I jumped in the hole, and was trying to dig him out. I couldnt find him. I heard i thought i could hear him holler for me to help him. I didnt see any part of him when i went in there. All i seen was his bed. I told my fatherinlaw to grab a shovel so i could start digging. And i just started digging and started digging and started digging. And then the cops showed up and pulled me out of the hole and told me the floor is still falling in. Just get closure, i guess, make sure hes not dead, see if hes alive. I know in my heart hes dead. But i just want to be here for him, because i love him. Hes my brother, man. What a feeling of helplessness. Sheriff deputy pulled jeremy bush from the growing hole. Crews lowered cameras, listening devices into this hole, but there was no signs of life. John zarrella joins me live from sephner, florida. Rescue crews can go into the hole because clearly it is too dangerous, presumably this entire home could collapse. Yeah, there is no question about it, brooke. Thats exactly what they fear and theyre still now assessing the situation. In fact, they have been out here all morning with Ground Penetrating radar into the afternoon. They have been marking off places where presumably they feel the sinkhole exists, how far out it spread. They have been using electronic probes they placed to measure the depth of the hole. They think it is 20, maybe 30 feet deep, if not more than that. At least 50 feet wide. And what they did within the last hour, right here, where you can see the open cover to the sewer system there, they actually dropped a camera down in there, on wheels, and theyre running that camera, they may have already done it, all the way to the back side of the house, to try and get an idea if they can see where that sinkhole actually starts, how far out it starts, where it is, underneath the house. Their concern is that it could completely collapse around them. They brought out some fencing. Throughout the ordeal, people in the family are Still Holding out hope, even feint hope that perhaps jeff is still alive under there. We had an opportunity to talk to his grandfather a little while ago. Ive been living there ever since october of 74. And thats my home. What can you say . I know ive listened to other places where they had sinkholes, everything. I know theyre going to just come in there and push it down, be done with it, fill the hole up, be done with it. But theres too many memories there is lots of stuff in that house, memories. If walls could talk. Reporter fire Officials Say that later today, brooke, theyre intending to bring heavy equipment in here. Again, thats probably why the fencing is around here, being placed with those poles, put the fence around, and then theyll go to work, probably trying to take parts of the house down, if they can. Once they determine that the ground beneath them is stable enough, because bottom line is, they do not want to jeopardize anyone elses life in this operation. It is tragic enough that one man is down there, presumed to be dead, but, again, the Family Holding out at least feint hope that somehow hes survived. So tragic. John zarrella, thank you. The whole story begs the question, how do sinkholes form first place . Apparently they can strike in a flash. Look at this. This was florida. This was last summer. The back of a womans house collapsed into this sinkhole. Fortunately she wasnt home. Everyone was okay. Flash forward to this, minnesota last summer, a car in the middle of this sinkhole. Driver escaped without getting hurt. And another one, fire engine, a fire engine stuck in a sinkhole in los angeles. This was from a couple of years ago. Sinkholes can vary apparently from a couple of feet to several hundred acres. Karen maginnis over here, karen, how do they form in the first place and where . Well, they can happen anywhere, brooke. All around the world, russia, venezuela, i mentioned those two because they have been fairly spectacular. But in florida, they have a particular problem. They receive lots of rainfall. And the subrock is generally fairly porous. So you can imagine that that water that seeps into the ground, it just kind of erodes that subbase. Believe it or not, there is Insurance Coverage for sinkholes in florida. There is . Where do they occur . Right around tampa, st. Pete, also in gainesville, along the st. Johns river, the indian river, and up through tallahassee and gainesville. Those are some of the common areas. But not just in florida. All across the united states, florida, texas, pennsylvania, missouri, tennessee, and alabama. Pennsylvania, from what i understand, it is a fairly common experience for sinkholes to take place there. Different reasons for it. Environmental reasons. Some weathering, meaning it is degrading the mass underneath it, just cant hold up. They can just be a bowl or these massive events that can occur. One of the largest ones is in egypt. It is thousands and thousands of feet long. Thousands. Karen maginnis, unreal, thank you so much. I want to talk about something here, i have a letter. This is the letter, it arrived to the pentagon, let me read it for you. It came from executive office of the president , from the omb, office of management and budget. This letter essentially tells the generals, guys, give us back your 13 of your budget. Thats right. 13 of our military budget about to go poof 13 because our elected leaders struck out. They failed to find a smarter way to reduce the budget deficit, cuts across the board will hurt the economy as well. That 11th hour meeting at the white house today, no surprise, no deal. Ali velshi, chief Business Correspondent standing by for me in new york. Jessica yellin, chief white house correspondent. Jessica, i begin with you here. You have the president hosting top four leaders of congress. Final stab at this thing. Tell me what happened at the white house. Reporter there was a meeting here this morning between congressional leaders and the white house, all sides knew nothing was going to get accomplished in that meeting and thats what happened. It happened less than an hour. It came and went. Congress is now out of town. After that meeting, president obama came to the Briefing Room and gave us his side of the story. He asked what the press what else we think he should have done. So i asked him this question, look. First of all, couldnt you have them down here and refuse to let them leave the room until you get a deal . You know, the i mean, jessica, i am not a dictator. Im the president. So ultimately if Mitch Mcconnell or john boehner say we need to go to catch a plane, i cant have secret Service Block the doorway. Reporter so part of the reason i asked the question, brooke, is because the president has argued that its just all but impossible to reach a deal with republicans, that its not a failure of his leadership, that its just the reality of politics in washington and the point i was getting at is isnt there he was arguing there is nothing more he could do. The point i was getting to is leadership part of just forcing everybody to sit down and get past the uncomfortable parts. Ali velshi, let me bring you in. You talk to Business Leaders all the time. We know the cuts affect the functioning of federal government. What are folks in business are Business Leaders saying about all this . Ill preface this with something that my friends in the Business World wont like. I didnt hear from all of them when, you know, when things were going bad for people and peoples mortgages were suffering and houses were being taken away and unemployment wasnt i kind of feel like everybody in the Business World has piped up recently about how tare fide a terrified and petrified and horrified they are, so part of me says thanks, guys, for showing up. But generally speaking, the word from the Business Community is pretty standard. We are at a time in our economy where it would be useful to be building, to be expanding. We have got, you know, unemployment edging down, jobs being created, very low Interest Rates and energy boom. We could be really moving to the top of the global pile in terms of economic productivity, and this sort of thing is like the government sticking its foot out as youre gaining speed, as youre running. You get into a race or a marathon, and tripping you. So, you know, the Business Community is not in favor of this. I have to tell you, the Business Community to some degree has fed this. The u. S. Chamber of commerce contributed to the partisanship in the election of people who are on opposite sides of things in washington and this is the result. You want partisanship, you want people to come to washington and stand your ground and not compromise . Welcome to the new reality, nobody compromises anymore. Perhaps the proverbial foot used to trip everyone will be removed once the next deadline, march 27th, thats the funding of the government and maybe some of this will be solved. There is the good news. There is one piece of good news that came out of today, both john boehner and barack obama said they would like to move ahead with what is called a continuing resolution, because we dont have budgets anymore in this country, we havent had one since 2009, we have a thing that says the last budget just gets extended, everybody gets exactly the same amount of money. Thats what we have been doing since 2009. That expires on march 27th. No chance of there being a new budget. Were going to wait until that deadline. If we didnt get that, the government would shut down. Now theyre saying lets actually do that. Maybe next week. So maybe we wont be sitting here in a month talking about, you know, how were not going to get our easter dinners because the government is going to shut down. Maybe, maybe. Ali velshi, thank you, my friend. Jessica yellin, thank you as well here. 85 billion in cuts, i know it sounds huge, but you will be feeling these forced cutbacks fairly gradually. Look at the calendar. I want to begin with really now mostly paperwork, the month were in, march 16r9 hest here, official notices going out to federal workers scheduled for the furloughs, the grant recipients here, whose arraignments should be shortened a bit. The faa to announce closure of 168 air Traffic Control towers. Over to spring and summer, march 26th, federal furloughs take effect. Then you also have in april, Defense Department workers, they begin their days without pay. May, housing and urban developments turn to begin, irs workers wont start their furloughs until summer. And spring into summer and more of the public may begin to feel the impact of the cuts. Smaller unemployment, right . Smaller unemployment checks, fewer National Park hours. Visas take longer to process, that kind of thing here. Then you august and september. What happens then . School. School goes back. Thats when teachers and other education staffers could be laid off. Remember here there are multiple opportunities, as ali and i were alluding to, with the next deadline for budget negotiation throughout the next months to see change and what could happen. Coming up, a chicago man wins a 1 million lottery jackp jackpot, then suddenly dies. Were now just learning the real reason behind his mysterious death. Plus this oh, boy. The harlem shake. Its the video that launched an faa investigation. Take a look at where theyre shaking it, on a plane. Well explain next. [ tissue box ] he said nasal congestion. Yeah. I heard him. [ female announcer ] tylenol® cold multisymptom nighttime relieves nasal congestion. Nyquil® cold and flu doesnt. Relieves nasal congestion. License and registration please. Whats this . Uhh, its my Geico Insurance id card, sir. Its digital, uh, pretty cool right . Maybe. You know why i pulled you over today . Because im a pig driving a convertible . Tail lights out. Fix it. Digital insurance id cards. Just a click away with the geico mobile app. Shaq wins. [ male announcer ] new icy hot advanced cream. The first with 2 max strength ingredients for long lasting relief. Pain over. Want to begin here with these pictures we have just gotten from kabc, affiliate out of los angeles. You see these two, theyre not surfers, theyre trying to rescue a couple of dolphins. To give you some perspective, two dolphins are stuck in the wetlands. If you know this area, near pch. Live pictures now, Pacific Coast highway, huntington beach. These rescue crews, we have seen this before, when the dolphins come a little too close, they get these rescue teams, like these guys, looks like on paddle boards, trying to get them to move into the bigger water. We have been watching this feed from l. A. , and the last couple of minutes, we did see one of the dolphins get a little bit closer out to the bigger water, to the ocean, but so far it is an ongoing process. Perhaps theyre confused. I know sometimes we cover these live, and then people start surrounding, the helicopters start coming around, and the dolphins dont know whats going on. Well keep an eye on this live picture and well make sure hopefully we can pass along the good news eventually that the two dolphins are aokay. Lets move on. Some of the hottest stories in a flash, rapid fire. Roll it. Autopsy results are in for a chicago Lottery Winner who was poisoned after he won. A medical examiner confirms khan died from cyanide poisoning. His death ruled a homicide. This 46yearold male died of cyanide toxicity. A lethal level of cyanide was detected in the peripheral blood during the inspection of the body. Examiners cant determine how khan ingested the poison. Authorities initially ruled he died of natural causes. It was his brothers suspicions actually that led to a full toxicology screening here. And mississippi authorities are not saying how or even why it happened, but they have charged a man with killing a candidate for mayer in the city of clarks dale. Marco mcmillian was gay, but his family says only they and his Close Friends knew that. They dont believe that factored into his killing. Investigators have charged Lawrence Reed with the murder. Reed was found injured in mcmillians damaged car one day before his body was found near a levee outside of town. And the harlem shake now has the attention of the faa. Note note bananas and all. This Colorado Group here, a College Group from colorado, they shot this video, dance video, during a frontier flight. So theyre high up in the air this is from a couple of weeks ago. Even the flight crew got in on the fun. But the faa not laughing at this one. Theyre looking into the incident. They say some safety rules might have been violated from the harlem shake. City of detroit in such bad shape financially, the state could soon take over. Plus, we told you about joan rivers getting heat for a joke she made. Youre about to hear straight from the star now about why she is refusing to apologize. Good morning, turtle. My friends are all around me my friends, they do surround me i hope this never ends and well be the best of friends [ male announcer ] introducing the reimagined 2013 chevrolet traverse. All set . All set. With spacious seating for up to eight. Imagine that. Chevrolet. Find new roads. for those nights when its more than a bad dream, be ready. For the days when you get a sudden call from the school, be ready. For the times you need to doublecheck the temperature on the thermometer, be ready. When you have childrens motrin on hand, youre ready. For high fever, nothing works faster or lasts longer than childrens motrin. Be ready with childrens motrin. Joan rivers is all fired up about not backing down. The comedienne refuses to say sorry for her joke involving the holocaust that raised the ire of the antidefamation l