Pensions

Will Pension Crisis Destroy Economy?

Will Pension Crisis Destroy Economy?

Central Bank policies around the world have all but guaranteed that a Pension Crises of unimaginable scope is coming our way.  As bad as this will be for retiring Boomers, the ramifications for the entire economy are going to be just as difficult to fathom.  “Unfunded liabilities for pensions have […]

 
 

ZIRP & NIRP Kill Retirement Savings

ZIRP & NIRP Kill Retirement Savings

  Lot’s of retirees who thought they’d built up a comfortable nest egg are beginning to hurt as the effects of ZIRP and now NIRP bite into savings and eventually, pensions. It’s only going to get worse, as these policies are anything but accidental, rather part of the Federal Reserve’s […]

 
 

Everything is Disintegrating

Everything is Disintegrating

Former Treasury Secretary, Dr. Paul Craig Roberts, says ‘Everything is Disintegrating’. Many Boomer retirement accounts have recently received major haircuts with the junk rated bond sell off that started in oil & gas but has now spread to the broader high yield market. These are indeed difficult times for retirees […]

 
 

Boomers vs. Millennials

Boomers vs. Millennials

Grant Williams is interviewed by Chris Martenson (two of our favourites) in a lengthy and complex discussion (which assumes you already have a fairly sophisticated understanding of economics and finance). It’s not for the average ‘Joe’, but if you’re concerned about protecting your retirement, it might just be for you. […]

 
 

Check Your Retirement Portfolio NOW! (2015-07-25)

Check Your Retirement Portfolio NOW! (2015-07-25)

  The long awaited BOND APOCALYPSE has begun. If your retirement portfolio has been chasing yield in Puerto Rico or other municipals, it’s time to run for the exits, and we mean fast. The music has stopped and there aren’t enough chairs for everyone. Many retiree pension funds, 401k’s, IRA’s […]

 
 

What Will the Next 20 Years Look Like? (2014-07-26)

What Will the Next 20 Years Look Like? (2014-07-26)

  The last 20 years have been hard on many Baby Boomers. Early retirement, downsizing, outsourcing, right-sizing, zero percent (ZIRP) and other programs have decimated retirement savings and expectations. The next 20 years offer extreme opportunity for those able to afford the benefits of new technologies, but will be even […]

 
 

The “Nuclear Solution” to Underfunded Public Pensions (2014-05-23)

The “Nuclear Solution” to Underfunded Public Pensions (2014-05-23)

    Many public pension funds are horribly underfunded, but there are solutions. Unfortunately none of them are good, and you definitely won’t like this one. Read more…             We’d love to hear your questions or comments below. Thank you.   * * * * […]

 
 

Time to Raid the Retirement Savings Piggy Bank? (2014-05-18)

Time to Raid the Retirement Savings Piggy Bank? (2014-05-18)

    Times are tough right now for for many nearing retirement age, and with homeowner’s equity positions often underwater, a home equity line of credit isn’t an option. Is it time to raid the retirement savings piggy bank? “Premature withdrawals from retirement accounts have become America’s new piggy bank, […]

 
 

Government Pensions – Goodbye!

Government Pensions – Goodbye!

  Some Boomers chose government careers due to perceived stability, generous benefits and great pensions. Retiring government workers are already beginning to experience a different reality. Underfunded pension accounts, declining revenues and decades of fiscal mismanagement mean pensions are in serious jeopardy. That’s the good news. Here’s the rest of […]

 
 

Understanding the Retirement Crisis

Understanding the Retirement Crisis

  While there are numerous articles seemingly every day about the impending economic collapse and coming retirement crisis Boomers face, do you really understand what’s going on? If not, how can you possibly expect to be prepared? The following article spells it out in plain language. If you plan on […]