Warren Buffett: “Retirees face a bleak future”
Only a handful of people in the world have the ability to set interest rates and inflation policy, or to manage Social Security back to health. Chances are…
Continue readingOnly a handful of people in the world have the ability to set interest rates and inflation policy, or to manage Social Security back to health. Chances are…
Continue readingThe United States is on the precipice of the greatest retirement crisis in the history of the world…
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Millions are out of work, inflation is picking up, owning rental properties is now risky, and interest rates are ultra low. How can people generate income?
Continue readingCalPERS has levered-up and bet the farm…
Continue readingSocial Security was already in DEEP Trouble, and now, the government’s options for Social Security are extremely limited…
Continue reading“Too frail to work, too poor to retire” will become the new normal for many elderly Americans. Here’s why…
Continue readingPensions face countless problems, the pension shortfall is massive, and many baby boomers, who have already lost so much, will not get their pensions…
Continue readingWhile wages have supposedly gone up 3.4% in 2018, taxes and fees are rising at much higher rates…
Continue readingThis is one of those truths about pensions and Social Security that we have been talking about. Something has got to give. Here’s some cold, hard truth…
Continue readingRobert Kiyosaki says if you think that government won’t take away the pensions it promised, you aren’t paying attention. Here’s why…
Continue readingAmericans are in terrible financial shape for retirement, and it doesn’t look like it will get any better any time soon. Here’s why…
Continue readingA balanced portfolio yielding balanced returns for decades to come is widely accepted as a sure thing, but really that’s just pure fantasy. Here’s why…
Continue readingA home is likely one’s biggest asset, but a big chunk of home equity is secretly claimed by the local government, and it will only get worse. Here’s why…
Continue readingThe city is now filing liens on homeowners, for, unpaid gas utility bills, and not unpaid to the tune of $1,000s, but low $100s. Here’s more…
Continue reading“Incredible. 38.5%. At that level, there’s simply no chance the city will ever be able to meet its obligations to retired police officers….” Here’s the details…
Continue reading“From Portland to Portland, Lake Superior to the Mexican gulf…American pensions are wrecked upon the rocks of actuarial fact.”
Continue reading“If the stock and bond markets suffer multi-year declines, even modest declines, the pension war will move from skirmishes to…”
Continue reading“The US pension system is beyond repair. And if you’re depending on pension income to carry you through retirement, it’s…”
Continue readingCalPERS is cutting in ranges estimated at 70%, 92%, and even 100% depending on the location, terms and conditions. The pension and retirement systems across the United States are rolling […]
Continue readingLynette Zang discusses how Pensions, IRAs and 401Ks are simply going to vanish into the financial black hole. Lynette says that going from gold to fiat was destructive by design, […]
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