Why Pensions Are A Financial Catastrophe (Episode 64)

SUMMARY:

Andy takes a deep dive into the public pension crisis. Are they sustainable? Can you count on them for your retirement? Are they financially corrupt? Ted Siedle joins Andy to discuss his work in exposing fraud and mismanagement in many large public pensions.

SHOW NOTES:

4:27: What Is A Fiduciary Responsibility?

11:26: 10 Reasons You Should Steal From Public Pensions

16:29: How Are The Rules Different For Public Pension?

26:05: What Happened To Detroit’s Pensions?

31:42: Why Is Kentucky’s Pension On The Verge Of Collapsing?

35:48: What Can Individual Do To Manage Risk In Pensions?