Pensions have long been considered to be the gold standard of retirement, the treasured benefit of public service and big company jobs. But because of changing demographics, evolving financial environments, and poor accounting practices, these once sure things may soon become a liability. With a reckoning soon approaching, will retirement, the markets, and all of us as a whole be able to survive this ticking time bomb?

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Chapters

00:00 Preshow

01:52 The Idea of Retirement is Centuries Old

02:26 History of Pensions in the US

04:46 Decline of Pensions

06:13 Crisis Looming; Dallas Case Study

08:58 Short Term Promises With No Long-Term Sustainability

11:10 Musuem Tower

14:40 What is a Pension Anyway?

17:24 Risky Investments

18:32 CalPERS

21:36 Public Pensions vs Risk Free Investing

23:35 The Individuals

25:23 Wall Street

28:14 Private Pensions Foreshadow Doom

31:07 Where Will the Money Come From?

36:22 Inequality and Discrimination

39:43 A Better Future

40:38 Wrap Up

Sources

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Credits

Daniel Forkner & David Torcivia

Published 08-02-2018 03:01