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...these days, how does one best prepare for life after work? Saving more earlier is the surest strategy. Nearly half of all households did not save a penny last year; revolving consumer debt over the past five years has soared 30%. The median savings for boomers at age 55 are just $25,000--without accounting for debt. Yet many polls show that people in their 40s still expect to retire in their early 60s. And some 70% of Americans believe they will live well in retirement, even though just a third have attempted to calculate how much they should...

Author: /time Magazine | Title: Will We Ever Retire?: Everyone, Back in the Labor Pool | 7/29/2002 | See Source »

...HOUSING: The median price for a single-family home is only $70,000, half the national average...

Author: /time Magazine | Title: Will We Ever Retire?: How to Retire Cheaply--and Well | 7/29/2002 | See Source »

...stays at the top are getting shorter. The career of Luc Vandevelde, 51, right, the Belgian ceo of Marks & Spencer, is a typical case: after joining the company two years ago and helping reverse its decline, he stepped aside last week. A study by consultancy DBM shows that the median tenure for a CEO in the U.K. is now only 2-3 years and that 68% of European CEOs hold office less than five years. Globally, the median corporate captain's term has dropped from nearly four years in 1999 to less than three today. The clamor for shareholder value...

Author: /time Magazine | Title: Going from Green to Red | 7/14/2002 | See Source »

...measure by which ATF gauges a gun's appeal as an offensive (rather than a defensive or sporting) weapon is its "time-to-crime" factor - how long after its sale it is used in a crime. Revolvers, not generally used as an offensive weapon, had a median time-to-crime of 12.3 years, according to the 2000 figures. At the other extreme, Bryco Arms 9mm semiautomatics recovered from kids younger than18 had a median time-to-crime of 1.5 years, and those recovered from suspects aged 18 to 24 had a median time-to-crime of 1.1 years...

Author: /time Magazine | Title: America's Most Wanted Guns | 7/12/2002 | See Source »

Historically, the urban ring corridor has been home to working-class families and neighborhoods. The median income for the corridor is 62 percent of the median income for eastern Mass. and 40 percent of the residents minorities, Garver said...

Author: By Stephanie M. Skier, CRIMSON STAFF WRITER | Title: Local Groups Try To Revitalize Urban Ring Transit Concept | 6/28/2002 | See Source »

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