Word: longer
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...latest victim of the financial crisis: baby boomers' retirement. With plunging stock values and tanking home prices, an increasing number of boomers approaching retirement age are postponing travel plans and staying on the job longer. According to a study in October by AARP, 65% of people over the age of 45 say they will delay retirement if the economic situation doesn't improve significantly. Since that survey was published, stocks have sunk lower and the economy has formally entered into recession...
...expect a federal bailout of boomers, because delayed retirement is seen as a good thing by many policy analysts. "If people continue to work between two and four years longer, they will be better off financially and as a country we will be better of fiscally," says Marc Freedman, CEO of Civic Ventures, a think tank focused on aging. A November study from the McKinsey Global Institute (MGI) titled "Why Baby Boomers Will Need to Work Longer" finds that having a workforce that continues a few years beyond the traditional retirement age is the only way for boomers to prevent...
...library books from the comfort of their rooms in the warm glow of their laptops, thanks to a new, free program which Harvard University Library (HUL) hopes to introduce this spring. HUL’s “Scan and Deliver” program will assure that students no longer have to battle their way through Cambridge snow to Widener Library to request that obscure book needed for a paper that, unfortunately, sits in the off-campus depository. Scan and Deliver represents a great step in making HUL’s holdings more accessible and modernized. After its implementation, students...
...proud of the guys, though. They definitely rose above it.” Both squads had to dig deep in order to overcome an extended race. For the first three months of the season the men and women run 8K and 5K races respectively, undertaking the longer distance for the first time at regionals. Still, Chenoweth cited good preparation as an important advantage. “We’ve been to [Van Cortlandt] a couple of times, and, even though the course is a little longer, it’s less hilly,” the sophomore said...
...preparation for next fall's presidential election. Xenophobia has always proved popular in Afghan politics, so by appearing defiant Karzai can hope to gain more support, which has been steadily diminishing over frustration with his government's inability to provide security or development. In addition, Karzai can no longer be assured of unwavering U.S. support once the new Administration comes in. In 2004 Karzai benefited from U.S. backing in the country's first election, but President-elect Barack Obama has been clear about his dissatisfaction with Karzai's performance so far, saying in an interview that he told Karzai...