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How can a pension fund overestimate success? Firstly pension funds are conservative in their estimates, they aren’t growth funds. And what precisely is anyone
by intended 7y ago
How can a pension fund overestimate success?
Firstly pension funds are conservative in their estimates, they aren’t growth funds.
And what precisely is anyone supposed to do? NOT put money into a fund ?
The only option other than a pension plan is to put it in a more risky fund. Which means your investment would be blown out post 2008.
AND that means your benefit from that job changes, making it less likely for you to join a government job -at all.
There’s a huge amount of discussion here that seems to have nothing to do with pension funds, but some bizarre form of fund which you should be blamed for partaking or being a dependent of through your job.
- IanCal 7y agoThere's two common ways of doing pensions. One is a fund you pay into and at the end you get whatever it's worth. The other is a scheme you pay into which guarantees a set payout at the end. It's that which often causes problems, because the scheme has promised payouts that significantly exceed their investments if they have assumed greater growth than they get.
- kgwgk 7y ago> Firstly pension funds are conservative in their estimates, Not really. https://davidgcrane.org/?page_id=702 https://davidgcrane.org/?page_id=702