Word: cushions
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Dates: during 2000-2009
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...Where 401(k)s Go Wrong In theory, 401(k)s should provide much more of a retirement cushion than they do. A 2007 study from the National Bureau of Economic Research (NBER) estimated that, on the basis of historical returns, by 2040 the average 401(k) of a near retiree would grow to an inflation-adjusted $451,944. That money, spread over 30 years, could replace at least 50% of the average retiree's income. Add Social Security and even highly paid workers will probably earn more than 80% of their preretirement income. "The only reason these accounts haven...
...investment fund that would not be tapped for ongoing operational expenses. The fund could be used to help the Chilean economy avoid an economic collapse; when the worldwide financial crisis broke out 18 months ago, the Chilean government was ready with a countercyclical budget—it spent to cushion the downturn and reactivate the economy...
...said. Over the last five years, Chile’s economy has been bolstered by a spike in copper prices. As copper accounts for roughly 16.4 percent of the nation’s GDP, according to the Central Bank of Chile, the government was able to accumulate a financial cushion of around $21 billion worth of savings in sovereign wealth funds and a similar amount in central bank reserves, the New York Times reported. Such financial policies allowed Chile to announce a $4 billion stimulus package this January and provide fellowship funding to Chilean students at several foreign universities, including...
...years is a huge challenge for any huge institution, even ours,” Smith said at yesterday’s forum. “Anything we can get in the early years will leave more room for us in the later years, as well as provide a cushion so we can make larger changes...and give us time to thoughtfully adapt...
...quick hands, flipping the loose ball over the Bryant goalie’s shoulder and into the cage for her team-leading fifth goal of the season.“[Keating] has an eye for the net and loves to score,” Bannon said.With a two-goal cushion, Harvard ate away at the clock, stifling the Bulldogs for over 15 minutes behind the strong play of Tassopoulos. The rookie net-minder notched three saves and turned aside a number of other opportunities with athletic kick saves as she remained unbeaten as the Crimson goalie.“[Tassopoulos...