Author: newyork-news

Op-ed | Holding the NYC subway system in a ‘state of good repair’ | New York News

MTA New York Metropolis Transit President Demetrius Crichlow. Marc A. Hermann / MTA We discuss rather a lot about “state of good repair” right here at New York Metropolis Transit, and for good motive. The subway system is 120 years outdated and desires common upkeep and renewal to maintain working nicely, particularly for the tracks. There are 850 miles of metal rails snaking from Van Cortlandt Park to Far Rockaway. To repair broken sections, staff used to have to hold picket observe ties over their shoulder to put in replacements separately. Immediately the method – managed by Chief Upkeep Officer…

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.5 million is the ‘magic quantity’ for retirement financial savings—this is how lengthy it lasts in each U.S. state

Many individuals take into account roughly $1.5 million the “magic number” for retirement financial savings, based on a Northwestern Mutual survey of 4,588 People. However how lengthy that a lot cash lasts depends upon the place you reside. Along with Social Safety funds, $1.5 million would final a family simply 17 years in Hawaii, doubtless falling wanting a full retirement for somebody leaving the workforce at 65, based on a brand new GOBankingRates evaluation. In distinction, retirees in West Virginia might stretch the identical quantity for 54 years — the longest of any state. GOBankingRates based mostly its evaluation on…

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