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Dates: during 2000-2009
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The 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...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

But guaranteed accounts don't have to be run by the government. The ERISA Industry Committee (ERIC), a group that represents the nation's largest employers, has proposed a system of exchanges that would allow individuals the ability to buy a guaranteed retirement account on their own. Some government regulation...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

What the ERIC plan and others like it are essentially proposing is a form of retirement insurance. So instead of putting 6% of your salary into a 401(k) or some other investment account, each pay period you would send 6% of your check to a retirement-insurance provider. The...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

2. On which airports you especially want to avoid: "There are six metropolitan areas that experienced worse-than-average delays for both arrivals and departures: New York, Chicago, Philadelphia, Miami, Atlanta and San Francisco. And since all six metropolitan areas are domestic and international hubs, their poor on-time performance...

Author: /time Magazine | Title: Why Air Travel Is About to Get Worse | 10/9/2009 | See Source »

Besides college-friendly snacks and appetizers, the cookbook also features its own take on comfort food classics. For Silence of the Lambs Shepherd’s Pie, Kolman uses ingredients that could be found in the HUDS serveries, such as canned vegetables, Boca meat crumbles, and instant mashed potatoes, to...

Author: By Eunice Y. Kim, CRIMSON STAFF WRITER | Title: With New Cookbook, PETA Reworks Pita, Other Vegan Foods | 10/9/2009 | See Source »

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