Word: planner
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...well into retirement and trying to make your money last, it helps to understand that the old rules of saving and planning for retirement have been thrown out the window by America's happy boom in longevity. It's still true, as New York City-based financial planner Jonathan Satovsky says, that you should "save like mad as early as possible." But that's where the similarities end between your retirement plan and your parents'. If you quit work at 65, you could be retired for 35 years. And that requires a different strategy...
...that stocks will stay down for five years. But there are also risks in holding low-yielding bonds and cash--chiefly the risk that you'll outlive your money. Also, most bond prices would be hit by any revival of inflation. Sticking with stocks is a gamble that financial planner Satovsky says is worth it "if you want to live to 100 and not go broke...
...petition gives the property a temporary "protected status," which requires developers to have plans approved by the commission before getting city approval, said Sally Zimmerman, a preservation planner with the commission...
DIED. WILLIAM H. WHYTE, 81, optimistic social thinker and urban planner; in New York City. Whyte's opus on corporate America, The Organization Man (1956), warned against conformity and its accompanying spiritlessness. After leaving his longtime post as an editor of FORTUNE magazine, Whyte studied how humans and cities could best complement each other. One of his ideas--to beautify crime-friendly urban spots in order to attract law-abiding citizens--helped inspire the makeover of New York City's Bryant Park...
Susan E. Mintz, a planner for the Cambridge Department of Human Services, also finds the drop in caseloads less than reassuring...