Tag Archives for " Who Stole My pension "
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Could U.S. Pensions Be the Next Crash? – Robert Kiyosaki, Ted Siedle
At the center of the disaster surrounding the U.K. pension plans in recent weeks were funds using derivatives to protect themselves from potential swings in interest rates. In an attempt to solve funding gaps in U.K. pension plans in the past, these plans used hedging tactics which created a short-term liquidity crunch and mark-to-market losses […]
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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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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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