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The Water Cooler
General Discussion
11 State Pension Funds that May Run Out of Money
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<blockquote data-quote="striker754" data-source="post: 1329519" data-attributes="member: 6004"><p>This article should REALLY point out that these numbers are based on 8% return. Good luck getting 8% return especially in the types of investments that pension funds should be invested in. Reaching for yield inevitably leads to capital loss which is going to make the situation worse.</p><p></p><p>It will be an interesting show to watch pensions blow up along with Federal entitlements being cut drastically. Grab the popcorn and have a seat.</p></blockquote><p></p>
[QUOTE="striker754, post: 1329519, member: 6004"] This article should REALLY point out that these numbers are based on 8% return. Good luck getting 8% return especially in the types of investments that pension funds should be invested in. Reaching for yield inevitably leads to capital loss which is going to make the situation worse. It will be an interesting show to watch pensions blow up along with Federal entitlements being cut drastically. Grab the popcorn and have a seat. [/QUOTE]
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11 State Pension Funds that May Run Out of Money
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