Time

66

COVER: America' s senior citizens are staging history' s biggest retirement party

Healthy, wealthy and more powerful than ever before, America' s senior citizens are hard at work -- and play. But politicians, social scientists and increasing numbers of young people are beginning to wonder: Who will pay for the country' s aging process? -- Focusing on health, gerontologists say aging does not have to bring sickness, senility or sexlessness. See LIVING.

16

NATION: As the primaries begin, the candidates prepare for a long, hot winter

After thrashing George Bush in Iowa, Bob Dole suddenly has the aura of a champion. -- Two natural adversaries, Michael Dukakis and Richard Gephardt, are in a fight for the soul of the Democratic Party. --Pat Robertson leads a moral revolt that other politicians ignore at their peril, says Essayist Garry Wills. -- Two killings in Los Angeles raise issues of race and class bias.

36

WORLD: Moscow' s latest concessions send Afghan peace hopes soaring

Agreeing to a ten- month timetable for withdrawal of his troops, Gorbachev says the next round of Geneva talks may be the last. The tanks could begin clanking homeward by May 15. -- In Austria, Waldheim resists new pressure to step down. -- A former top aide to Panamanian Strongman Noriega tells of corruption on a grand scale. -- Growing militance among West Bank settlers.

44

Economy & Business

How Merck became the "most admired company." -- Japan overcomes the strong yen. -- A better way to save for retirement.

54

Space

The President' s long- awaited space policy gives private companies their strongest role yet at the expense of once proud NASA.

55

Law

A federal court stuns the military by voiding a ban on gays. -- With help from teens, Arizona catches a constitutional goof.

56

Olympics

The Games begin, and in the pageant' s glow even the most professional of athletes becomes an ebullient amateur again.

64

Press

CNN Anchor Bernard Shaw joins TV' s most elite fraternity. -- An aspirin study gives the New England Journal of Medicine a headache.

88

Technology

The laser videodisc, revived by the popularity of its audio cousin the CD, is bringing movie- house clarity and impact to home viewing.

94

Cinema

Louis Malle' s Au Revoir les Enfants leads a children' s crusade of European films. -- A yuppie faces fatherhood in She' s Having a Baby.

96

Essay

When Congressmen are lining up to denounce you, that' s when you need the First Amendment most. A case in point: the P. I. O.

5 Letters

61 Education

81 People

83 Books

95 Milestones

Cover: Photograph by Gordon Munro