Who Stole My Pension?: How You Can Stop the Looting

Who Stole My Pension?: How You Can Stop the Looting

Itâ€™s estimated that there are over 50 million pensionersâ€•in the United States alone. Like the United States, the United Kingdom, Japan, Italy, Germany and many other countries around the world are all in big trouble when it comes to the solvency of their pension funds. Who Stole My Pension? was written to give them guidance, resources, and tools so they can take actionâ€¦ and stop the looting.

We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world. According to the World Health Organization, nearly two billion people around the world are expected to be over age 60 by 2050, a figure thatâ€™s more than triple what it was in 2000. For better or for worse, never before have there been more elderly people living on planet Earth.

One thing is. certain: Doing nothingâ€•sitting back, confident your pension check is â€œin the mailâ€â€•is not an option. Thatâ€™s a risk you canâ€™t afford to take.

According to Edward Siedle, a former attorney with the United States Securities and Exchange Commission and Americaâ€™s leading expert in pension looting, â€œIn the decades to come, we will witness hundreds of millions of elders worldwide, including Americaâ€™s Baby Boomers, slipping into poverty. Too frail to work, too poor to retire will become the â€œnew normalâ€ for many of the aged.â€

Kiyosaki, who like Siedle saw this crisis looming years ago, complements the facts and stats Siedle puts forth with strategies on how retirees can take controlâ€•not only their pensions, but their financial futures. Kiyosaki writes about the fact that his father, a highly educated man he calls his poor dad, wasnâ€™t poor until he lost his job, his paycheckâ€•and his pension. â€œHis PHD couldnâ€™t save him,â€ says Kiyosaki, who has dedicated his life to teaching and financial literacy advocacy.

In Who Stole My Pension? the authors focus on the most misunderstood and ignored cause of the pension crisis: mismanagement of pensions and investments. The culprits that are looting the pensions of public school teachers, firefighters, police, as well as private sector workers, are on Wall Street. The Wall Street casinos charging high fees for gambling in risky hedge funds and other speculative investments, outrageous investment-industry conflicts of interest, and outright violations of the law. Who Stole My Pension? is an in-depth assessment of the pension crisis that the world is facing today and what millions around the worldâ€•employees who expected to have pension income at retirementâ€•can do about it.

The authors recount a history of pension failures, inexperienced boards, gambling, looting and other horror storiesâ€•with a focus on action steps workers and retirees can take to quickly determine if a pension is being mismanaged as well as the concrete steps they can take to end decades of pension mismanagement. They detail critical questions retirees can askâ€•and guidance regarding how to act on what they learn.
Country USA
Brand Plata Publishing
Manufacturer Plata Publishing
Binding Paperback
ItemPartNumber 58410655
ReleaseDate 2020-01-14
UnitCount 1
Format Illustrated
EANs 9781612681030

Country	USA
Brand	Plata Publishing
Manufacturer	Plata Publishing
Binding	Paperback
ItemPartNumber	58410655
ReleaseDate	2020-01-14
UnitCount	1
Format	Illustrated
EANs	9781612681030

Who Stole My Pension?: How You Can Stop the Looting

You might also like...