Pension funds are always underfunded. They’ve made promises they can’t keep. This goes for Europe, North America, and everywhere else in the world. The stock market rises, but the pensions do not. Well there comes a time in which governments or companies need to make difficult decisions. The approval is given and there goes your pension.
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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe
Pension-Problems-Returns-040417-3.png (1768×953)
Actual-vs-Promised-040517.png (1103×644)
Kitces-Spending-Drawdown-071116.png (718×431)
SP500-SpendDown-Scenarios-050818.png (980×510)
Retirees Face A "Pension Crisis" Of Their Own | RIA
http://realinvestmentadvice.com/retirees-face-a-pension-crisis-of-their-own/
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