The Arrival Of The “Unavoidable Pension Crisis”

Zero Hedge | May 25, 2020 at 2:00 AM
  • In 2017, I wrote an article discussing the “Unavoidable Pension Crisis”.
  • The assumptions regarding current and future demographics, life expectancy, investment returns, levels of contributions or taxation, and payouts to beneficiaries, among other variables, consistently turn out wrong.
  • Projected returns use variable rates of market returns with cycling bull and bear markets, out to 2060.