A steady savings plan can produce dramatic results. If you put aside $100 a month at age 20 and keep at it, you'll accumulate more than $114,000 by the time you're 65. That assumes a 3 percent interest rate. If you sock away $250 a month and rates go up to 5 percent, you'll end up with more than $500,000. Plug in your own numbers in the calculator below. Copyright 2011 National Public Radio.
By now, we're pretty used to stories about bus drivers or train conductors caught texting and driving. But this video from the Italian capital of Rome puts those to shame:
That's right, reports The Guardian, that's an Italian bus driver taking instructions on how to set up his e-mail on one phone, while executing the instructions on another phone. All the while, he's working his route from Anagnina metro station to Ciampino airport.
Ever since Bob Dylan performed in China last month, he's gotten a ton of flak. At the time, Reuters reported that the the Chinese cultural ministry allowed Dylan to perform "approved content," and that Dylan "did not sing anything that might have overtly offended China's Communist rulers, like The Times They Are A-Changin'."
Bernard Greenhouse, one of the founding members of the Beaux Arts Trio and a prominent cellist of the recorded era, passed away this morning at the age of 96. His death was peaceful, said Paul Katz, a former student of Greenhouse who serves on the faculty of the New England Conservatory and is the former cellist of the Cleveland Quartet.
Looks like Washington's crisis du jour — the debt ceiling — will turn into the crisis du summer. Familiar territory in Congress, but it seems like there's extra drama this time around. Plus: President Obama talks immigration system overhaul. And Newt Gingrich tweets his hat in the ring for 2012.
Friday's that the outlook for both the Social Security and Medicare trust funds had worsened since last year, that those funds are are likely to run out of money sooner than previously predicted, allowed the Obama Administration and House Republicans to declare the rightness of their approaches to shoring up the programs.