Retirement: How To Get By On Less Than $1 Million

Wall Street Journal (March 28, 2023) – While many people often aspire to accumulate around a million dollars in retirement savings, most people wind up with far less than that. WSJ retirement reporter Anne Tergesen spoke to retirees on how they’re making do, and she joins host J.R. Whalen. Photo: Mikaela Martin

Video timeline: 0:00 The typical family’s 401k and IRA account balance 1:05 How retirement funds should depend on lifestyle choices 1:51 How retirees who save less than $1 million are getting by 3:53 Steps to take to ensure you have enough retirement savings

Many Americans dream of saving $1 million for retirement. Most fall far short of that.

The typical family’s 401(k) and IRA-type accounts come to less than half that goal in the years approaching retirement age, according to the nonprofit Employee Benefit Research Institute. Total household balances in retirement accounts for those 55 to 64 years old are $413,814 on average, according to its estimates based on 2019 data, the most recent available.

Read more at WSJ

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Most Anticipated Books: ‘The Pole’ By Nobel Prize Winner J. M. Coetzee (2023)

The Pole

LitHub (March 28, 2023): Literary Hub is very pleased to reveal the cover for Nobel Prize winner J. M. Coetzee’s new novel The Pole, which will be published by Liveright this September. Here’s more about the book from the publisher:

Exacting yet maddeningly unpredictable, J. M. Coetzee’s The Pole tells the story of Wittold Walccyzkiecz, a vigorous, “extravagantly white-haired” Polish pianist who becomes infatuated with Beatriz, a stylish patron of the arts, after she helps organize his Barcelona concert. Although Beatriz, a married woman, is initially unimpressed by Wittold, she soon finds herself pursued and ineluctably swept into the world of the journeyman performer. As he sends her letters, extends countless invitations to travel, and even visits her husband’s summer home in Mallorca, their unlikely relationship blossoms, though, it seems, only on her terms. The power struggle between them intensifies—Is it Beatriz who limits their passion by controlling her emotions? Or is it Wittold, trying to force into life his dream of love?

READ MORE AT LITHUB

 360° Views: A Walking Tour Of Seattle, Washington

4K Urban Life (March 28, 2023) – The video is an 8K 360° VR city walking tour of downtown Seattle that takes viewers on a virtual tour of 1st Street and the Riverfront, capturing iconic landmarks such as Pier 57, the Public Market and other locations.

Travel Safety: How Trains Derail, Explained (WSJ)

Wall Street Journal (March 28, 2023) – The train derailment in East Palestine, Ohio, was just one of over 1,000 that happen every year. NTSB’s Michael Hiller explains the most common reasons trains come off the tracks and what can be done to prevent derailments.

Video timeline: 0:00 Why do trains derail and how can they be prevented? 0:37 One of the biggest causes of derailments are track issues 3:04 Other derailments stem from human errors or equipment failures 5:01 Why most derailments are not severe and could be prevented

Books: Dublin Literary Award – 2023 Shortlist

Dublin Literary Award (March 28, 2023) – After much deliberation, our esteemed panel of judges have selected six exceptional novels for the 2023 Dublin Literary Award shortlist!

Congratulations to:

Cloud Cuckoo Land by Anthony Doerr

The Trees by Percival Everett

Love Novel by Ivana Sajko, translated by Mima Simić

Paradais by Fernanda Melchor, translated by Sophie Hughes

Marzahn, Mon Amour by Katja Oskamp, translated by Jo Heinrich

Em by Kim Thúy, translated by Sheila Fischman

The Dublin Literary Award is presented annually for a novel written or translated into English. Books are nominated for the award by invited public libraries in cities throughout the world, making the award unique in its coverage of international fiction.

Disasters: Earthquakes & Cyclones Ravage Vanuatu

The Independent (March 28, 2023) – The tiny Pacific island state of Vanuatu was hit by two category-four cyclones and two earthquakes over three days this month, in a devastating onslaught that destroyed homes, cut power, and impacted 80 per cent of the population.

Scientists say global heating is already making major tropical cyclones like those that hit Vanuatu more frequent. Under moderate and worst-case climate scenarios, the country is expected to lose around 20-25 per cent of its GDP from natural disasters each year, according to a recent UN report. Later this month Vanuatu’s proposal for a top international court to clarify the obligations of states to tackle climate change and the consequences of not doing so under international law will be put to a vote at the United Nations.

Vanuatu is a South Pacific Ocean nation made up of roughly 80 islands that stretch 1,300 kilometers. The islands offer scuba diving at coral reefs, underwater caverns and wrecks such as the WWII-era troopship SS President Coolidge. Harborside Port Vila, the nation’s capital and economic center, is on the island of Efate. The city is home to the Vanuatu National Museum, which explores the nation’s Melanesian culture.

Views: Inside The Studio Of A Glass-Blower Sculptor

Victoria and Albert Museum (March 28, 2023) – Inspired by traditional oil paintings, sculptor Elliot Walker works with molten glass at exceptionally high temperatures and speed to create unique 3D still life sculptures. Step inside his studio to see each stage of this extremely challenging process, as he creates a new work made up of three-dimensional sliced fish, in response to a tiny fragment of a Middle Eastern glass beaker in our collection.

Video timeline: 00:00 In the studio 01:10 Elliot’s still life series 01:45 Design inspiration from the V&A collection 03:03 Hot workshop: gathering molten glass with a blowpipe 03:30 Building up layers of clear and coloured glass 03:56 Spiralling the coloured glass 04:15 Shaping the glass with different tools 04:50 ‘Swedish’ or bubble overlay technique 05:57 Creating the fish shape 06:41 Adding surface texture, fins and a metallic finish 08:14 Cold workshop: cutting and polishing 09:17 The finished piece

Art: ‘Near East to Far West: Fictions of French and American Colonialism’

gallery view of Near East to Far West with wall text and two paintings
Left to right: Gerald Cassidy, Cui Bono?, about 1911. Collection of the New Mexico Museum of Art: Gift of Gerald Cassidy, 1915 (282.23P). Gerald Cassidy, Midday Sun, North Africa, 1920s.

Denver Art Museum (March 27, 2023): Artworks in Near East to Far West: Fictions of French and American Colonialism (through May 29) present a range of representations from sympathetic to stereotyped. Indeed, racialized stereotypes such as the “Noble Savage” and odalisque (a woman in a female-only domestic space, or harem, who is often overly sexualized in European art) circulated throughout French Orientalism and western American art.

Acknowledging the ongoing harm of such representations, we knew that we needed to make space for diverse perspectives: essentially, to make room for the voices too often repressed or ignored in the artwork.

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Views: Walking Tour Of Chania, Northern Crete

Uploaded on March 28, 2023: Chania is a city on the northwest coast of the Greek island of Crete. It’s known for its 14th-century Venetian harbor, narrow streets and waterfront restaurants. At the harbor entrance is a 16th-century lighthouse with Venetian, Egyptian and Ottoman influences.

Opposite, the Nautical Museum has model ships, naval objects and photographs. The former monastery of St. Francis houses the Archaeological Museum of Chania.

Filmed and edited by: Zameer Pactyan

News: Netanyahu Delays Judicial Reform, Russian ‘Tactical Nukes’ In Belarus

March 28, 2023: As protests against the judicial reforms of Israel’s prime minister, Benjamin Netanyahu, continue, we give you the latest.

Also in the programme: notorious Russian paramilitary organisation the Wagner Group increases its activities in Africa, while Hungary decides on Finland’s Nato bid. Plus: why Greenland has decided to stick to daylight saving time.