Word: nesting
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Dates: during 2000-2009
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With good reason. The Spencers' expensively renovated nest is empty; their only child has just left for college. Norman is temporarily neglectful; he's on deadline with an important research paper down at the college. And lonely Claire begins--nosily, obsessively--to focus on the mysterious, conceivably murderous doings of the young couple who have moved in next door...
...most of your life, building a nest egg by investing regularly in a 401(k) or Roth IRA or low-cost variable annuity is a no-brainer. You get decades of tax-free growth (returns on stocks have averaged about 11% annually the past few decades), and in the case of a 401(k), you also get an up-front tax deduction. Try getting that in a taxable stock mutual fund at Fidelity or Vanguard. Those of you who get a matching contribution from your employer can count additional blessings...
...when you decided to go to Harvard. But do you want to make your parents really happy? Tell them you're going to a college that's only 12 miles away. When my parents calculated the exact distance from our house to Harvard, the burden of an empty nest suddenly seemed a lot lighter...
...enough, your pension is underfunded, your health is deteriorating, even the medical advances that will probably extend your life will, in an especially cruel paradox, probably mean that late life will be meaner and more spartan. You'll have a hard time selling the house that you considered your nest egg (the generation behind just won't have enough buyers). And your neighbors' children, simultaneously burdened with the cost of your aging and victimized by the one thing you'll hold onto--your political power--will boil with resentment. Your own kids may get especially peevish: even today, says Rand...
...when the University does get sued, it defends itself like a parent bird whose nest has been violated...