Word: recentering
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Dates: during 2000-2009
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...idea that we could ever save enough to pay for 30 years of leisure is a relatively recent invention. An entire profession, financial planning, is dedicated to telling people they can, and must, pay for their own retirement. A 401(k) is usually a central part of those plans. Even for people who don't have enough money to send their kids to college or buy a home, building their 401(k), they are told, is their first priority. It's not terrible advice. The accounts grow tax-free, though you have to pay Uncle Sam's levy when...
...many policy experts say some type of change to our retirement-savings system is coming. First of all, given the market carnage, there is some backing for the idea - not to mention anger and disappointment among retirees who can't really retire. Recent opinion polls show that people would be willing to give up the flexibility of a 401(k) for a guaranteed return. What's more, the fact that ERIC supports a guaranteed plan is encouraging. "Whether the 401(k) is a perfect plan or even the right plan is something that is being questioned in Congress," says Democratic...
...avoid gridlocked hubs: "69% of all air travelers in the United States traveled exclusively between the 100 largest metropolitan areas. Another 29.9% of passengers traveled through one of the 100 largest metropolitan areas at some point in their trip. In sum, 98.8% of all passengers in the most recent twelve months passed through at least one of the nation's 100 largest metropolitan areas. In the U.S., air travel is clearly a large metropolitan phenomenon." (See photos of protests against Heathrow Airport's expansion...
Known for his work with nonprofit organizations such as City Year and Be the Change, Khazei recently announced his candidacy for the position of Senator in the state of Massachusetts, a position left vacant with the recent death of Edward M. Kennedy ’54-’56. Khazei was consequently endorsed by M. Maxwell T. Kennedy ’87, Edward’s nephew, and the two men made appearances at Harvard and Tufts University yesterday...
...backlash to Kerry-Lugar is fueled by a widely held perception that President Zardari has bowed too easily to foreign demands. According to a recent poll published by the International Republican Institute, 80% of Pakistanis opposed their government's cooperation with the U.S. war on terror. That figure represents a 19-point rise since March, despite the fact that opposition to Pakistan's domestic Taliban militants has risen to an all-time high. But Zardari sees the clamor as politically motivated: "Pakistan received American aid twice before, in 2001 and 2007, and there was no such controversy," says presidential spokesman...