Ashes Ashes
Ashes Ashes
Ashes Ashes
Ep 10 – Broken Promises
41 minutes Posted Feb 8, 2018 at 8:01 am.
Preshow
The Idea of Retirement is Centuries Old
History of Pensions in the US
Decline of Pensions
Crisis Looming; Dallas Case Study
Short Term Promises With No Long-Term Sustainability
Musuem Tower
What is a Pension Anyway?
Risky Investments
CalPERS
Public Pensions vs Risk Free Investing
The Individuals
Wall Street
Private Pensions Foreshadow Doom
Where Will the Money Come From?
Inequality and Discrimination
A Better Future
Wrap Up
0:00
41:12
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Show notes
Episode 10 - "Broken Promises"
Pensions have long been considered to be the gold standard of retirement, the treasured benefit of public service and big company jobs. But because of changing demographics, evolving financial environments, and poor accounting practices, these once sure things may soon become a liability. With a reckoning soon approaching, will retirement, the markets, and all of us as a whole be able to survive this ticking time bomb?
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