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As people age, they should move their portfolios from riskier investments like stocks to more conservative options like bonds and cash. Yet often they don't. Enter life-cycle funds. Investors pick a fund based on the year they plan to retire and let a professional manager do the rest...

Author: /time Magazine | Title: Money: The Life Cycle | 2/20/2005 | See Source »

NAMED. LIEUTENANT GENERAL DJOKO SANTOSO, 52, as Chief of Staff of the Indonesian army; in a military shake-up in which President Susilo Bambang Yudhoyono also named new chiefs of the air force and navy; in Jakarta. Santoso replaces hard-liner General Ryamizard Ryacudu and is considered a top candidate...

Author: /time Magazine | Title: Milestones | 2/20/2005 | See Source »

Another winter, and another threat from Cheng-san Chen (owner of Louie’s Superette) to close his convenience store. Last year, following the Cambridge Licensing Commission’s decision to revoke Chen’s license in the wake of his sale of alcohol to minors, Chen...

Author: By Alex Slack, | Title: SHUT DOWN LOUIE'S | 2/18/2005 | See Source »

What's next for Berger? Dog-sled-racing season and then, next summer, the Phelon River, one of the most remote waterways on earth. "One of my good friends said, 'Berger, this is not a rehearsal.' If you've got to retire and have nothing, it's a bit like...

Author: /time Magazine | Title: Life Is But A Dream | 2/14/2005 | See Source »

These days, it's a longshot for a president to come from the Senate. John F. Kennedy was the latest to succeed where John F. Kerry most recently failed. But there are still plenty of aspirants: Senators Kerry, Hillary Clinton, Evan Bayh, John McCain and Chuck Hagel have all made...

Author: /time Magazine | Title: Capital Letters: Frist Gets Healthy | 2/10/2005 | See Source »

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