Category Archives: Pensions-Retirement

Even a $1 million retirement nest egg isn’t enough anymore

Even a $1 million retirement nest egg isn’t enough anymore https://www.cnbc.com/2017/11/30/even-a-1-million-retirement-nest-egg-isnt-enough-anymore.html Re-posted from CNBC. Geoff Geoff Comments: A truth now widely acknowledged, even now!!!

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Spain’s Pension System Hits Crisis Point (and Everyone Ignores it)

Spain’s Pension System Hits Crisis Point (and Everyone Ignores it) | Wolf Street https://wolfstreet.com/2017/11/18/spains-pension-system-hits-crisis-point-while-everyone-ignores-it/ Re-posted from Wolf Street. Geoff Geoff Comments: Spain’s underfunded Pension system is about to implode…

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Pension Panic In Paradise: Maui Residents Outraged Over 52% Spike In Pension Contributions

Pension Panic In Paradise: Maui Residents Outraged Over 52% Spike In Pension Contributions | Zero Hedge http://www.zerohedge.com/news/2017-11-07/pension-crisis-paradise-maui-residents-outraged-over-52-spike-pension-contributions Re-posted from Zero Hedge. Geoff Geoff Comments: You think Maui over reacted, wait until this pension reality hits Oahu…

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Pension Storm Coming: “This Will Become One Of The Most Heated Battles Of My Lifetime”

Pension Storm Coming: “This Will Become One Of The Most Heated Battles Of My Lifetime” | Zero Hedge http://www.zerohedge.com/news/2017-09-17/pension-storm-coming-will-become-one-most-heated-battles-my-lifetime Re-posted from Zero Hedge. Geoff Geoff Comments: The Retirement collapse and destruction of our entire Society/Culture of the USA…  

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Fleecing Taxpayers Won’t Fix The Pension Crisis

Fleecing Taxpayers Won’t Fix The Pension Crisis | Zero Hedge http://www.zerohedge.com/news/2017-09-12/fleecing-taxpayers-wont-fix-pension-crisis Re-posted from Zero Hedge. Geoff   Geoff Comments: Will they figure this out???

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What Ponzi Scheme? Public Pensions Average 0.6% Return In 2016 Despite 7.6% Assumption

What Ponzi Scheme? Public Pensions Average 0.6% Return In 2016 Despite 7.6% Assumption | Zero Hedge http://www.zerohedge.com/news/2017-08-02/what-ponzi-scheme-public-pensions-average-06-return-2016-despite-76-assumption Re-posted from Zero Hedge. Geoff Geoff Comments: Ponzi scheme is the only term to apply to this incredible insult to hard working people … Continue reading

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Here Are America’s Most Underfunded Corporate Pensions

Here Are America’s Most Underfunded Corporate Pensions | Zero Hedge http://www.zerohedge.com/news/2017-07-20/here-are-americas-most-underfunded-corporate-pensions Re-posted from Zero Hedge. Geoff Geoff Comments: If you think it is bad that the Obama Government is stealing $128 million from your children every hour of every day… … Continue reading

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Another blow for heartland workers: Slashed pensions

Another blow for heartland workers: Slashed pensions – CBS News http://www.cbsnews.com/news/slashed-pensions-another-blow-for-heartland-workers/ Re-posted from CBS News. Geoff Geoff Comments: Another example of the drum we have been beating for over six years… Your promised pension, whether it be public or private, … Continue reading

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America’s Pension Bomb: Illinois Is Just the Start

America’s Pension Bomb: Illinois Is Just the Start | Zero Hedge http://www.zerohedge.com/news/2017-07-01/americas-pension-bomb-illinois-just-start Re-posted from Zero Hedge. Geoff Geoff Comments: Illinois Retirement System and the Chicago Teachers Retirement System are two of the nation’s most underfunded and are in fact just … Continue reading

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GE’s Pension Time Bomb: Shortfall $31 Billion and Rising

GE’s Pension Time Bomb: Shortfall $31 Billion and Rising | MishTalk https://mishtalk.com/2017/06/19/ges-pension-time-bomb-shortfall-31-billion-and-rising/ Re-posted from MishTalk. Geoff Geoff Comments: Jeff Immelt retires this year, leaving General Electric a carcass of what it was under Jack Welch.  Jeff Immelt succeeded Welch just … Continue reading

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