If each persons money was able fund their own retirement then fixed contribution plans can only be better as there is no longer any pension fund to pay for. Als

If each persons money was able fund their own retirement then fixed contribution plans can only be better as there is no longer any pension fund to pay for. Also, I am implying that most pension plans are ponzi schemes. They depend on future people to make up for the short falls. A properly funded one would basically be just a managed fixed contribution plan. I don't know of any that are like that. I'd be curious to read about any that are.