Tag Archives for " pension crisis "
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The Retirement Crisis Balloons – Robert Kiyosaki, Ted Siedle
According to Bloomberg, “New York City’s pension costs will rise by about $6 billion over the next three fiscal years as high inflation and fears of a recession have hammered the city’s retirement plans.” Today’s guest explains how this could have been prevented with proper planning and oversight. Ted Siedle, co-author of “Who Stole My […]
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Retirement Tsunami Ahead – Robert Kiyosaki, John MacGregor
The retirement preparation storm has been brewing for decades. For years, the media has reported on how ill-prepared the boomer generation is for retirement. What’s worse is the future for younger generations who are now relying on their 401(k) for retirement. Today’s guest explains how the 401(k) was never designed to be the sole retirement […]
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Why Hope is Not a Retirement Plan – Robert Kiyosaki, Ted Siedle, John MacGregor
Retirement fund giant, CALPERS, voted in early November to use borrowed money and alternative assets to meet its investment-return target, even after lowering that target just a few months ago. Today’s guests discuss what this means for retirees depending on their pension for their financial future. New York Times reported, “The move by the $495 […]
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