3 ms·
the entitlement and whats unsustainable is the employer guaranteeing ALL of the downsides of market returns not being high enough, management risk (underfunding
by jakelarkin 8y ago
the entitlement and whats unsustainable is the employer guaranteeing ALL of the downsides of market returns not being high enough, management risk (underfunding), rising cost of healthcare, and longer life times.
If I live twice as long my 401k doesn't magically double.