Pemsions
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Started by wglassfo - May 25, 2020, 2:14 p.m.

How many people do you suppose will depend on a retirement pension plan plus old age security cheques, when retirement comes. I would think most retirees expect a cheque if they have made contributions all their working life

I was just reading the retirement funding short fall coming. Many of us have been hearing about this for so long, it is old news. But what if there is not enough for everybody, coming in approx 5 yrs???. What ever time line, the time is very short

What if current assumptions are correct and trillions are needed??. what happens??? Nothing or more printing??? Bigger deficits

By the way,  both my wife and myself get old age cheques only. We decided a long time ago, to save  for our own private retirement income. My wife invested in a stk portfolio. I invested in land purchase

We hoped both savings plans would not crash and leave us with old age only. So far both avenues pay enough to have a comfortable retirement life style, plus we could help our family get started in their own business. We have helped three family members so far.. No guarantee what tomorrow may bring but we did not trust a retirement fund. we wanted to control our own destiny and not depend on others to make decisions for our retirement

Is trillions for public retirement not as important as other stimulas when you paid, into a retirement fund, in good faith and expect what was promised


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