News From the Field
Study Sees U.S. Retirement Wealth Up Sharply by 2040
August 6, 2007
The average value of Americans' 401(k) plans will be substantially higher in real terms by the year 2040, even if stock market returns fall short of their historical values, according to new research by a team of economists from MIT, Harvard and Dartmouth.
Massachusetts Institute of Technology
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2015, its budget is $7.3 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 48,000 competitive proposals for funding, and makes about 11,000 new funding awards. NSF also awards about $626 million in professional and service contracts yearly.
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