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a system where some finance leech buys your future pension for NPV payouts now. Isn't that called a loan? I imagine that smart finance-leeches will tend to av
by dasmoth 10y ago
a system where some finance leech buys your future pension for NPV payouts now.
Isn't that called a loan?
I imagine that smart finance-leeches will tend to avoid loaning against 100% of the value of the pension, for much the same reason it's hard to get a mortgage that takes 100% of your income to repay. Beyond that -- where is the problem?
- _jal 10y agoI said NPV. Beyond that, the problem would be getting the same results as paying someone directly, while reducing efficiency by inserting a middleman to take a piece for... why, exactly?