just long enough to give us some dry days. High pressure at the surface will combine with the upper air ridge to clear us out for some sunshine, really. The question is when will it fade? Another upper level low ("U" shape on jet stream line) will set up off the coast and awill combineto possibly bring back the rain by the middle and end of next week. Forecast for the Southern and lower Mid Willamette Valley including Eugene Springfield and Albany Corvallis: Mostly Adidas Gazelle Fashion Men cloudy with patchy fog this AM, a mix of clouds and sun this afternoon, mostly cloudy this evening, partly cloudy at night, mostly sunny early AM, partly cloudy Sunday afternoon and Sunday night, patchy fog late at night and early Monday AM, mostly sunny Monday, then mostly clear Monday night highs 64 60 warming to near 72 Monday lows 46 40 warming to 45 Monday night. Mostly sunny Tuesday, partly cloudy with a slight (20%) chance of showers Tuesday night, partly cloudy with a slight (20%) chance of showers Wednesday, mostly cloudy with a (30%) chance of showers Wednesday night and Thursday, then mostly cloudy with a (40%) chance of rain Thursday night and Friday highs 70 62 lows near 45. (seasonal averages high 65 low 41)Because weather forecasting is a combination of science, intuition, and timing there can be no absolute guarantees that individual forecasts will be 100% accurate. Nature is in a constant state of flux and sudden unexpected weather events can happen. Seventeen year olds finishing high school next spring have about a one in three chance of having any money in a 401(k) by the time they reach retirement, a new government study has found.
The study by the Government Accountability Office should spark new discussion about the fallout of the shift from pension plans to so called defined contribution plans. Such plans give participants the most freedom to secure their own future but only if they take advantage. Study after study shows they are not doing so. The latest GAO Adidas Gazelle Og Trainers Maroon
e("arch" forming on the orange jet stream line) will build up and as it pushes to the North a bit Adidas Gazelle Night Indigo
report estimates that nearly 37% of today's 17 year olds will have no money in a 401(k) or similar plan when they retire. For low income workers, who are less likely to save, 63% will have no money in such a plan, the GAO estimates. But one doesn't have to look into the future to see the problem. The GAO crunched figures from the Federal Reserve Board's 2004 Survey of Consumer Finances and learned that the median account balance for all workers in 401(k) style plans was a paltry Adidas Gazelle Trainers 2 - Black/Cyan Blue
Certainly, it's worth further discussion, though the end game must not be gutting Social Security.
For workers between the ages of 60 and 64, the figure was a mere $60,600. Enjoy your retirement, folks. The study's findings suggest that companies should step up training and assistance for employees. And the findings raise again the possibility of a national 401(k) plan, partially funded at birth by the government. Sen. Jeff Sessions (R Ala. ) has suggested such an approach, and it may have merit.
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