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The Pros And Cons Of Private Concussion

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Public pensions are under attack as legitimized grifters on Wall Street seek ways to lay their hands on the hard earned money of those that actually save securely for retirement. Private pensions are virtually nonexistent, and the up-and-coming generation faces a monumental retirement crisis.

Back in the 1980s, financial advisors peddled the 401(k) as the next great thing in retirement. The 401(k) contribution plan was initially intended to supplement the pension benefit and was never meant to be a sole means of sustaining oneself during the so-called Golden Years. However, Americans were sold (down the river).

The responsibility of 401(k) investing depends on employers and employees, and lack of expertise in finance has proved to be

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