As Americans watched their nest eggs sink during the Great Recession, many wondered whether they would ever be able to retire. Come this fall, millions of workers who invest in 401(k)s will learn their plans are probably worth even less than they thought.
"Fees take away from the accumulated savings of your lifetime," says Mary Beth Franklin, a contributing editor at InvestmentNews.
For-sale homes in California are sparse, even in areas with high foreclosure rates. It has led to buyers like Jennifer Bryant, who is willing to throw money at just about anyone willing to sell her a house.
Since February, Bryant has made 35 offers on homes in Riverside, only to be elbowed out by other bids. With few houses available and many bidders chasing these properties, she feels she has, at most, an hour to consider each house.
On Monday evening, one of New York's most cherished cultural institutions celebrated an anniversary. The Delacorte Theater, home of the free annual Shakespeare in the Park, turned 50, and Meryl Streep and Kevin Kline led an all-star cast in a staged reading of Romeo and Juliet.
When Kline was still a student in the drama program at The Juilliard School, he made his professional debut at the Delacorte. "My first job was carrying a spear in Richard III," he remembers.