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The idea that we could ever save enough to pay for 30 years of leisure is a relatively recent invention. An entire profession, financial planning, is dedicated to telling people they can, and must, pay for their own retirement. A 401(k) is usually a central part of those plans...
At first, Occidental's union workers were not allowed into the plan. So when Ernie Lucantonio was offered a supervisor job in the fire-retardant division at Occidental, part of the reason he took it was to get into the 401(k). "The 401(k) forced you to save money...
In practice, 401(k)s haven't been nearly so rewarding. When Boston College's Munnell looked at the returns 401(k)s have actually produced compared with the projections, the difference was sobering. The average 55-to-64-year-old should have a 401(k) balance of $320,000...
It’s an established cliché that throughout their four years in college the majority of students will subsist on instant Ramen noodles and peanut butter sandwiches. But a new cookbook sponsored by People for the Ethical Treatment of Animals encourages undergraduates to channel their inner Julia Child...
At a cooking demonstration and book-signing event Tuesday at the Harvard Coop Bookstore, Starza Kolman and Marta Holmberg, who are involved in PETA’s youth division, prepared three of their favorite dishes from the cookbook: Seven-Layer Mexican Dip, Silence of the Lambs Shepherd’s...