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Unlike most people in earlier generations, the Bours view the equity in their home as a smart source of cash for the lifestyle they intend to maintain. And they are far from alone. In 2004, Americans took almost $400 billion in cash out of their homes in refinancing and home-equity loans, says David Lereah, chief economist for the National Association of Realtors. People ages 45 to 59 are the most likely to refinance, according to Demos, a nonprofit public-policy organization in New York City. Is refinancing so close to retirement a smart financial move...

Author: /time Magazine | Title: Why Refi? | 9/4/2005 | See Source »

...marks its quarter century Summits of Style Esoteric treatments in a minimalist setting A Starflyer Is Born In-flight comfort with an internet connection in every seat Take a Hike Destinations to restore your sense of wonder Air, Lufthansa and Mexicana Airlines. You can expect the requisite smattering of smart shops and bustling outposts of upscale local eateries, as well as wi-fi access throughout and a security screening center with three walk-through explosives-detection machines capable of processing 2,800 passengers per hour. For meetings and layovers, a posh 298-room Grand Hyatt Hotel should take care...

Author: /time Magazine | Title: Worth The Wait | 9/3/2005 | See Source »

Then there's all that academic pressure (on me). Sure, my son will have a lot to learn, but he's smart, and he's not expected to possess kindergarten-level knowledge already, as, ahem, I am. Can someone explain the difference between a dolphin and a porpoise--quick? And the sky is blue why exactly...

Author: /time Magazine | Title: Kindergarten Jitters | 8/29/2005 | See Source »

...think Annabelle is kind of Everywoman. Annabelle's smart. She really wants to make her way in the world, but things keep happening, getting in her way. She's also the youngest child in a family of over-achievers. She's got one brother who's a surgeon; her father is a surgeon; her mother was a bank vice-president; another brother is the head of an accounting firm. So she sees herself as the family failure. I think a lot of people can identify with that, with their position in the family, and with the competitiveness of trying...

Author: /time Magazine | Title: Between the Lines With Susan Elizabeth Phillips | 8/26/2005 | See Source »

...goes, 'You know that saying You can't be all things to all people? Well, seriously, why not? I want to be all things to all people.'" Brion waited for a moment, then burst into laughter. "I knew he wasn't kidding, and he's smart enough to know that wanting to be loved by everybody is probably really bad for your mental health, but at the same time his point was, you know, why not try?" You never know. He just might succeed...

Author: /time Magazine | Title: Why You Can't Ignore Kanye | 8/21/2005 | See Source »

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