Word: needful
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...people who shared their financials with us would have been better off in a pension. And nearly all of them, save possibly Maul, do not have the resources they need to live another 20 years in financial comfort. "It's the biggest scam ever put over on the American people," says Dennis O'Neil, a former human-resources executive who worked for Occidental for 29 years...
...solution: a new type of insurance. Retirement savings, it turns out, are exactly the type of asset we need insurance for. We need insurance to protect against risks we can't predict (when the market collapses) and can't afford to recover from on our own. "People tend to meld savings and insurance in their mind, but they are not substitutes," says Nancy Altman, a former Harvard professor and the author of The Battle for Social Security. "It's fine to have a savings plan as a supplement but not as the main retirement protection for everyone." She says...
...we’ve felt was a promise to bring Harvard to the table in a serious way,” said Brent Whelan ’73, a member of the Harvard Allston Task Force. “Will he use his influence with Harvard, or do we need a new mayor for that...
...most important thing we need to do is to dismantle the BRA,” said Natasha Perez, a spokeswoman for City Councilor Michael F. Flaherty, Jr., Menino’s challenger. “We need separate planning agencies: one focused on planning and one on economic development and workforce development. What tends to happen is that in the rush for economic development, planning and communities are steamrolled...
...address, which lasted for about an hour, dealt primarily with the five “fundamental realities” Americans must face as other world powers come into their own: the need for scientific and technological innovation, the rising status of China and India, the dysfunctional character of current bureaucratic and legal systems, an impending “cultural conversation” about modern values, and an “out of touch” American political system...