Your Retirement Pension May Be In Trouble
Your Retirement Pension May Be In Trouble. Pension crisis coming as The California Public Employees’ Retirement System ( CalPers ) reported a loss of more than 6% last fiscal year, its first negative investment return since the Great Recession, the state pension fund said Wednesday.
https://www-latimes-com.cdn.ampproject.org/v/s/www.latimes.com/business/story/2022-07-20/calpers-reports-first-loss-for-pension-fund-since-great-recession?_amp=true&_gsa=1&_js_v=a9&usqp=mq331AQKKAFQArABIIACAw%3D%3D#amp_tf=From%20%251%24s&aoh=16587628221441&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fwww.latimes.com%2Fbusiness%2Fstory%2F2022-07-20%2Fcalpers-reports-first-loss-for-pension-fund-since-great-recession
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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